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N15.8trn: What we did with subsidy savings – Oyedele

N15.8trn: What we did with subsidy savings – Oyedele

By GhanaSummary NewsroomNigeria

How The Reforms Benefit Average Nigerians Wage increases and timely payment of salaries and pensions Settlement of pension arrears and gratuities owed to retirees Wealth creation for millions of Nigerians through capital market gains Transformative infrastructures development nationwide Top globally friendly student loan scheme ( NELFUND ) and affordable consumer /SME credit Subsidized mortgage and housing schemes, plus social transfers to the most vulnerable (15m Households) Agricultural interventions strengthening food security Fuel availability and energy scarcity despite global shocks Return of investors confidence, driving local and international investment Tax exemption for low-income earners and small businesses, and a friendlier tax environment .8 trillion generated from the removal of fuel subsidy and the liberalisation of the foreign exchange market between June 2023 and December 2025.

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