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Government promises transparency on subsidy savings and spending amid public demand for accountabilityFinance Minister outlines impact of reforms on fiscal savings and social support for vulnerable NigeriansUpcoming report to detail billions saved from subsidies and how they are being reinvested in the economy
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Federal Government has announced that Nigerians will soon get a detailed account of how the savings from the removal of petrol and foreign exchange subsidies have been spent, following growing public calls for transparency over one of the country’s biggest economic reforms.
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this on Thursday, July 30, 2026, at the 7th Africa Emerging Markets Forum in Abuja.
Where is our money: FG to address subsidy spending in days. Credit: State HouseSource: Twitter
He said the report, expected within
