Updated: Gov’t saved ₦15.8trn from subsidy removal — Oyedele
85 trillion in incremental borrowing, the Federal Government had about ₦20.8 trillion commonly described as subsidy savings was not retained by the Federal Government alone.…Says wage bill exceeded subsidy savings…Insists reforms reduced borrowing burden, not created cash windfall…Abu Dhabi loan to diversify funding sources, says DMO DG By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government yesterday said Nigeria recorded estimated savings of ₦15.
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