HomePoliticsGov Sule - Subsidy...

Gov Sule – Subsidy Removal Gave States Money

Governor Abdullahi Sule of Nasarawa State says President Tinubu made the right move by removing fuel subsidy on his first day in office. According to him, the decision helped fight corruption in the oil and gas sector and stopped the government from borrowing money to pay for fuel.

Speaking on Arise News, Governor Abdullahi said the change has brought more money to all states in Nigeria. He explained that states now get about twice or even three times more money from the federal government than before. Because of this, many states no longer need to borrow from banks.

sule
sule

Sule said this is why Nasarawa has been able to do more projects in the last two years without taking loans. He praised Tinubu for having the courage to also unify the foreign exchange market, which he said had been full of corruption before.

Download our official mobile app

More from Findwhosabi

Naira Struggles Again As Dollar Hits ₦1,610

The Dollar to Naira exchange rate is rising again. On Monday,...

Naira Drops Again As Dollar Hits ₦1,610

The Naira has dropped again. On Tuesday, April 22, 2025, the...

Dollar Hits ₦1,607 As Naira Falls Again

The dollar is now selling for ₦1,607 in the black market...

Naira Gains Strength, Closes Gap With Dollar

The naira showed signs of recovery in the parallel market on...
Exit mobile version