BREAKING: Tinubu govt finally gives breakdown of fuel subsidy removal savings

N15.8trn: What we did with subsidy savings

The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has disclosed what the federal government did with N15.8 trillion generated from the removal of fuel subsidy and the liberalisation of the foreign exchange market between June 2023 and December 2025. Oyedele on Wednesday, at a media conference on Nigeria’s reform scorecard […] The post N15.8trn: What we did with subsidy savings – Oyedele appeared first on Vanguar…

Explainer: Where N15.8tn subsidy savings went

Discover how Nigeria’s N15.8tn petrol subsidy savings were distributed among federal, state, and local governments, and how the funds were spent. Read More: https://punchng.com/explainer-where-n15-8tn-subsidy-savings-went/

BREAKING: Tinubu govt finally gives breakdown of fuel subsidy removal savings

The President Bola Ahmed Tinubu-led administration has finally unveiled a breakdown of the N15.8 trillion in savings from fuel subsidy removal and gains of other reforms over the last three years. The Minister of Finance, Taiwo Oyedele, disclosed this at a press conference monitored by DAILY POST on Wednesday, giving a detailed breakdown of the administration’s subsidy removal reforms. According to Oyedele, the reforms resulted in N15.8 trillion…

FG says n15.8trn saved from subsidy removal in 30 months, shares spending breakdown

Taiwo Oyedele says subsidy and FX reforms generated N15.8 trillion, while additional borrowing brought total resources to N20.4 trillion for government spending.

Subsidy Removal Saved Nigeria ₦15.8trn in 30 Months — Oyedele - Economi Confidential

Subsidy Removal Saved Nigeria ₦15.8trn in 30 Months — Oyedele By Kabir Abdulsalam The Federal Government says the removal of fuel subsidy generated ₦15.8 trillion in savings for Nigeria between June 2023 and December 2025, with ₦5.4 trillion accruing to the Federal Government and ₦10.4 trillion shared among states and local governments. The Minister of […] The post Subsidy Removal Saved Nigeria ₦15.8trn in 30 Months — Oyedele appeared first on E…

Tinubu Govt Unveils Breakdown of ₦15.8 Trillion Fuel Subsidy Savings

The administration of President Bola Ahmed Tinubu has released a detailed breakdown of ₦15.8 trillion in savings generated from fuel subsidy removal and other reforms over the past three years.Minister of Finance Taiwo Oyedele disclosed the figures at a press conference on Wednesday, explaining that the savings were distributed among the three tiers of government:Federal Government: ₦5.43 trillionStates: ₦6.52 trillionLocal Governments: ₦3.88 tr…