How Tinubu saved many states from bankruptcy, by Sule
Naija News • 9h ago
How Tinubu saved many states from bankruptcy, by Sule
‘President took economic decisions world leaders run away from’
Many states have been steered away from bankruptcy by President Bola Ahmed Tinubu through improved revenue coming to them from the Federation Account, Nasarawa State Governor Abdullahi Sule, said yesterday.
He lauded the president for removing the fuel subsidy and unification of the exchange rate, noting that he took tough decisions which many world leaders have avoided.
Under the Tinubu administration, federal revenue generating agencies have been strengthened and many financial loopholes bridged.
Also, due to the fuel subsidy removal, more money now acrue to the Federation Account, which are shared by the federal, states and local governments.
Recently, at a meeting...