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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.
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Nigeria ahorrará 5,4 billones de libras para 2024 debido a la eliminación de los subsidios al combustible, reorientando los fondos hacia la infraestructura y los servicios sociales.