Latest News in Nigeria
Nigerian Govt was losing N400bn monthly to fuel subsidy – Finance Minister, Edun
The Minister of Finance and Coordinating Minister of the
Economy, Wale Edun, says fuel subsidy was costing the Federal Government N400
billion monthly.
Edun revealed this in an interview on Channels Television.
Recall that President Bola Tinubu, during his inauguration,
declared the end of the fuel subsidy era to redirect funds towards developmental
initiatives.
“In terms of the government’s finances, they have been
revamped and repaired.
Continue Reading