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Nigeria spent over 90% of revenue on subsidy, debt servicing before Tinubu — Akpabio

April 15, 2026

…commends Tinubu for fuel subsidy removal President of the Senate Godswill Akpabio has said Nigeria previously spent between 90 and 93 per cent of its revenue on fuel subsidy and debt servicing, leaving little room for infrastructure development. Akpabio made the remark on Tuesday at the inauguration of the Nigeria Revenue Service headquarters in Abuja. […]

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