Subsidy removal, naira float saved Nigeria N15.8trn — Oyedele
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) 7.
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 .
Oyedele said the government had also expanded access to student loans through the Nigerian Education Loan Fund (NELFUND), while supporting affordable consumer and small and medium enterprise (SME) credit.
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