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Fuel subsidy would cost Nigeria over N20trn yearly — Minister

Fuel subsidy would cost Nigeria over N20trn yearly — Minister

The Federal Government has rejected calls for the return of petrol subsidy, warning that subsidising fuel could cost the country more than N20 trillion annually and ultimately make petrol more expensive. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this ...

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Verified on Oct 08, 2026

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