Why Ordinary Nigerians Are Yet To Feel The Benefits Of Subsidy Savings

Nigeria Daily

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Nigeria Daily
Why Ordinary Nigerians Are Yet To Feel The Benefits Of Subsidy Savings
Aug 21, 2026
Daniel Ariyo Oluwole

The Federal Government says the removal of petrol subsidy and the liberalisation of the foreign exchange market generated about ₦15.8 trillion in savings between June 2023 and December 2025, helping to fund infrastructure and other critical programmes.

Nearly three years later, however, many Nigerians say they are yet to see the benefits in their daily lives.

Join us in this episode of Nigeria Daily as we ask: ₦15.8 Trillion Saved, But Where Is the Impact?