- Alteration of Nigeria . (American Heritage® Dictionary of the English Language, Fourth Edition)
“OKE: It's possible to make a call for just 5 naira, which is about 4 cents, and significantly cheaper than normal cell phone rates.”
“But now, some people will make as much as -- it's about 750,000 naira, which is a lot of money.”
“For a group like ours, two and a half billion naira, that is actually just about 10% of our cement turnover per month.”
“He is also credited with the coining of the name "naira" for the country's currency when he was Federal Commissioner of Finance under the Gowon government.”
“The market capitalization is currently hovering around 4.8 trillion naira which is a huge drop from the 12.6 trillion figure of March last year.”
“The finance minister, Ngozi Okonjo-Iweala has speculated that the price of a litre of petrol will jump from 65 naira 40 cents to 139 naira a litre.”
“Nigeria had been spending 1.2 trillion naira $7.3 billion a year—about a quarter of all government spending in the 2012 budget—to keep petroleum products within reach of its deeply poor population of 167 million people, said Dimieari Von Kemedi , a private consultant to President Goodluck Jonathan.”
“President Jonathan has sought to portray his administration as reformist, saying he targeted the subsidy as a step toward securing the 19 trillion naira he said Nigeria needs to spend on infrastructure over the next four years.”
“On Sunday, Nigeria's government announced an immediate end to a 38-year fuel subsidy that had kept a liter of petrol priced at just 65 naira 40 cents.”
“Gas prices rose to between 130 and 140 naira a liter on Monday.”
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