Nigeria to save ₦5.4 trillion by 2024 due to fuel subsidy removal, redirecting funds to infrastructure and social services.

Ogun State Governor Dapo Abiodun announced that Nigeria is set to save ₦5.4 trillion by 2024 due to President Bola Tinubu's removal of fuel subsidies, which would have nearly matched the federal government's ₦6.7 trillion infrastructure budget. Abiodun emphasized the importance of using these savings for infrastructure and social services while urging citizens to engage constructively with the government rather than inciting discord.

September 29, 2024
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