Fuel subsidy removal saved Nigeria from bankruptcy, Tinubu insists

Vanguardngr | 30-05-2026 09:38am |

President Bola Tinubu stated on Friday that the removal of the fuel subsidy by his administration has prevented Nigeria from facing imminent bankruptcy. He emphasized that this decision has also established a foundation for the gradual recovery of the nation's economy. Tinubu's remarks highlight the government's commitment to implementing economic reforms aimed at stabilizing the financial situation of the country.

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