nigeria fuel subsidy removal
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Nigeria Nigerian Finance Minister Reveals $600 Million Spent Monthly on Fuel Imports for Neighboring Countries
Nigeria’s Finance Minister Wale Edun reveals that the country’s $600 million monthly fuel imports also serve neighboring nations, not just Nigeria. This disclosure, following the subsidy removal on May 29, 2023, has sparked controversy and criticism, intensifying the #EndBadGovernance protests... -
Nigeria Nigeria Spends $600M Monthly on Fuel Imports, Says Finance Minister Wale Edun
Nigeria spends $600 million monthly on fuel imports, Finance Minister Wale Edun reveals. This high cost, attributed to neighboring countries benefiting from Nigeria's fuel, led to the removal of the fuel subsidy. Edun emphasizes the lack of accurate domestic consumption data and the focus on...
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