OPS questions impact of N15.8tn subsidy savings

The Organised Private Sector (OPS), including the Lagos Chamber of Commerce and Industry, has praised the Federal Government for accounting for the savings resulting from the removal of fuel subsidies and other reforms, with the government mobilising N15.8tn for the Federation between June 2023 and December 2025. OPS members, however, expressed dissatisfaction with some details on how the fund benefited Nigerians, raising concerns over excessive government spending, debt servicing and limited evidence of productive investment. They urged the government to focus on improving welfare and livelihoods with the savings.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.