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Subsidy windfall swells state coffers not public services - Businessday NG

Three years after President Bola Tinubu stood at Eagle Square on his inauguration day and declared, in five words that would reshape...

Raccontata dabusinessday.ngpunchng.comvanguardngr.comthisdaylive.com

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AI · summaries

thisdaylive.com2 g fa

Tinubu Justifies Fuel Subsidy Removal, Says It Saved Nigeria from Bankruptcy

• inaugurates TETFUND-Funded education projects, four MDGIRMF-supported CNG projects in major push for clean transport energy

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vanguardngr.com2 g fa

Fuel subsidy removal saved Nigeria from bankruptcy, Tinubu insists

President Bola Tinubu on Friday said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual recovery of the nation’s economy.

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punchng.com2 g fa

Subsidy removal saved Nigeria from bankruptcy, Tinubu insists

President Tinubu insists fuel subsidy removal saved Nigeria from bankruptcy, leading to economic recovery and growth. Governors laud the bold reform.

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businessday.ng3 g fa

Nigeria's economy now more competitive - Tinubu - Businessday NG

Nigerian President Tinubu marked his administration's third anniversary citing macroeconomic reforms including fuel subsidy removal (from ₦18.4bn/day in 2022), a stock market All Share Index rise from 53,000 to 250,000, and the near-completion of the $5bn NLNG Train 7 LNG project. For energy and infrastructure investors, Nigeria is signaling improved forex stability and renewed IOC engagement, though fiscal gains remain contested by opposition voices citing rising poverty indicators.

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Timeline cronologica

1. venerdì 29 maggio 2026·businessday.ng
   

   Nigeria's economy now more competitive - Tinubu - Businessday NG

   President Bola Tinubu has called on Nigerians to support his administration's efforts to rebuild the country, while rejecting cynicism and...

2. venerdì 29 maggio 2026·punchng.com
   

   Third anniversary: Tough reforms ended forex, subsidy rackets, says Tinubu

   President Tinubu marks three years in office, stating tough reforms ended N18.4bn daily fuel subsidy and N8tn forex arbitrage rackets.

3. venerdì 29 maggio 2026·vanguardngr.com
   

   3rd anniversary: Our reform stabilising Nigeria’s economy – Tinubu

   “At the height of the subsidy regime, Nigeria was spending as much as ₦18.4 billion daily to sustain petrol subsidies, over ₦4 trillion...

4. venerdì 29 maggio 2026·businessday.ng
   

   Bola Tinubu: The man who took the bullet for Nigeria to survive - Businessday NG

   In May 2023, President Bola Tinubu inherited acute petrol scarcity, an unsustainable petrol subsidy regime due to expire in June 2023...

5. venerdì 29 maggio 2026·vanguardngr.com
   

   Fuel subsidy removal saved Nigeria from bankruptcy, Tinubu insists

   President Bola Tinubu on Friday said the removal of fuel subsidy by his administration saved the country from imminent bankruptcy and laid the foundation for the gradual recovery…

6. venerdì 29 maggio 2026·punchng.com
   

   Subsidy removal saved Nigeria from bankruptcy, Tinubu insists

   President Tinubu insists fuel subsidy removal saved Nigeria from bankruptcy, leading to economic recovery and growth. Governors laud the bold reform.

7. sabato 30 maggio 2026·thisdaylive.com
   

   Tinubu Justifies Fuel Subsidy Removal, Says It Saved Nigeria from Bankruptcy

   • inaugurates TETFUND-Funded education projects, four MDGIRMF-supported CNG projects in major push for clean transport energy

8. domenica 31 maggio 2026·businessday.ng
   

   Tinubu at three: Stronger numbers, tougher lives - Businessday NG

   Three years ago, when President Bola Ahmed Tinubu stood before Nigerians and declared that fuel subsidy was gone, he effectively set the...

9. lunedì 1 giugno 2026·businessday.ng
   

   Subsidy windfall swells state coffers not public services - Businessday NG

   Three years after President Bola Tinubu stood at Eagle Square on his inauguration day and declared, in five words that would reshape...