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Subsidy is gone — so why is Nigeria still borrowing?, By Tony Agenmonmen
Business · Premium Times ·

Subsidy is gone — so why is Nigeria still borrowing?, By Tony Agenmonmen

Nigeria continues to seek external and internal loans despite the official removal of the fuel subsidy regime. This persistent borrowing raises questions about the country's fiscal management and the allocation of savings expected from the elimination of subsidy payments, which were intended to bolster the national treasury.

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