The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that Nigeria has saved a staggering $20 billion following the removal of fuel subsidies and the implementation of the naira float policy.
Edun highlighted the economic gains during a recent address, emphasizing how these measures have curbed wastage and redirected funds towards more impactful areas of the economy.
This development comes amidst debates over the long-term effects of these policies, as the government continues its push for fiscal sustainability and economic reforms.