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Fuel subsidy could have hit ₦53tn without Tinubu’s reform – NRS chair

August 10, 2026 at 03:08 PM

The Chairman of the Nigeria Revenue Service, Zacch Adedeji, has said Nigeria’s petrol subsidy bill could have “risen to about ₦53 trillion and the exchange rate weakened to ₦3,500 to the dollar if the subsidy had remained.” Adedeji made the claim in an exclusive interview on Channels Television’s Sunday Politics programme...

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