States’ revenue doubled after petrol subsidy removal, says Wale Edun
[NigerianEye - Nigeria] - 5/09/2025
Wale Edun, minister of finance and coordinating minister of the economy, says the revenue of states have doubled since the removal of the petrol subsidy. Edun spoke on Thursday during the National Health Financing Dialogue in Abuja. “And over the past two years, the bold reforms have come at some cost as you repair and you fix some of the things that were broken in the economy,” he said. “So, the removal of subsidy was a tough decision but it has restored fiscal balance, not just at the federal level. “The states have much more money, they have double the kind of funds they had before, and (…)
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