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Nigeria’s Vanishing Savings: $10bn Subsidy Removed, yet Reserves Stuck at $41bn
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Nigeria’s Vanishing Savings: $10bn Subsidy Removed, yet Reserves Stuck at $41bn

August 23, 20250152
Nigeria’s Vanishing Savings: $10bn Subsidy Removed, yet Reserves Stuck at $41bn

By Blaise Udunze. When the Nigerian government scrapped the decades-old fuel subsidy in 2023, it promised relief for the nation’s bleeding finances

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June 29, 2025049
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