Nigeria squandered $25bn on subsidies in 2022 – Interior Minister

Sunnewsonline | 15-08-2025 06:23pm |

From Isaac Anumihe, Abuja The Federal Government has disclosed that in 2022, a year before President Bola Tinubu took over power, Nigeria spent $25 billion in subsidies. While the country spent about $10 billion on foreign subsidies, it also spent about $15 billion on forex subsidies. But, the country was spending less than $10 billion

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