‘Removal Of Oil Subsidy Has Saved FG N1.4tr’ – VP Osinbajo Says

Vice President Yemi Osinbajo yesterday disclosed
that the removal of oil subsidy has saved the
Federal government N1.4 trillion. He said this while
speaking at the the 15th Joint Planning Board and
National Council on Development meeting in Kano
state

“

With the deregulation of the downstream petroleum sector, there has been a
significant increase in the availability of
petrol throughout the country for the
savings of N1.4 trillion on subsidy
payments alone” he said

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