Updated: Gov’t saved ₦15.8trn from subsidy removal — Oyedele

…Says wage bill exceeded subsidy savings
…Insists reforms reduced borrowing burden, not created cash windfall
…Abu Dhabi loan to diversify funding sources, says DMO DGBy Emma Ujah, Abuja Bureau ChiefABUJA — The Federal Government yesterday said Nigeria recorded estimated savings of ₦15.8 trillion from the removal of fuel subsidy and liberalisation of the foreign exchange market between June 2023 and December 2025, but stressed that the reforms did not leave the