Discloses cost of fuel imports slumped from N2.3tn to below N90bn
Critics query positive impact of ‘milestones’ on Nigerians
Emmanuel Addeh in Abuja
The Presidency has highlighted what it described as 15 major achievements recorded in Nigeria’s energy sector under President Bola Tinubu over the last three years, stating that reforms implemented across the oil, gas and power sectors have significantly boosted government revenues, attracted investments and reduced the country’s dependence on imported petroleum products.
Special Assistant to the President on Social Media, Olusegun Dada, who disclosed the figures in a post on social media at the weekend, said total federation revenue also rose to N21 trillion from N12 trillion, largely driven by the removal of fuel subsidy and other reforms undertaken by the administration.
