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Cryptopolitan 2023-07-05 17:19:40

Nigeria to save $28 billion in two years after fuel subsidy removal, World Bank predicts

The Nigerian government is set to make substantial savings of over 21 trillion naira ($28 billion) over the next two years, according to the World Bank. This development is anticipated to relieve the financial burden facing President Bola Tinubu’s administration, which has been grappling with record fiscal deficits and ballooning debt-service responsibilities. Shattering subsidy chains ... Read more

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