{"id":179602,"date":"2025-09-19T08:07:32","date_gmt":"2025-09-19T07:07:32","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/tinubus-government-misguided-on-subsidy-savings"},"modified":"2025-09-19T09:09:10","modified_gmt":"2025-09-19T08:09:10","slug":"tinubus-government-misguided-on-subsidy-savings","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings","title":{"rendered":"Tinubu&#8217;s Government Misguided on Subsidy Savings"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Financial advisor and educator, Kalu Aja, has faulted the decision of the President Bola Tinubu\u2019s administration to channel subsidy savings directly into the Federation Account Allocation Committee, FAAC, for disbursement.<\/p>\n<p>In a post on X on Thursday, Aja argued that the funds should have been ring-fenced, highlighted, and tagged to specific projects so that citizens could hold state and local governments accountable for their use.<\/p>\n<p>According to him, this would not amount to creating a new bureaucracy or fund, but simply ensuring that the additional revenue from subsidy removal is transparently tracked.<\/p>\n<p>He said: \u201cThe Tinubu administration made a mistake of simply plowing the subsidy savings into FAAC, this is my opinion.<\/p>\n<p>\u201cThe monetary savings from FAAC should have been ring-fenced, highlighted and then shared out. Then the administration can point to projects funded from that fund.<\/p>\n<p>\u201cThis is not the creation of a fund or bureaucracy, but simply tagging the extra income, so grassroot citizens can hold governors and LGAs to account.\u201d<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Financial advisor and educator, Kalu Aja, has faulted the decision of the President Bola Tinubu\u2019s administration to channel subsidy savings directly into the Federation Account Allocation Committee, FAAC, for disbursement. In a post on X on Thursday, Aja argued that the funds should have been ring-fenced, highlighted, and tagged to specific projects [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":179601,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1006,14047,254,945],"class_list":["post-179602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-faac","tag-kalu-aja","tag-nigeria","tag-tinubu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tinubu&#039;s Government Misguided on Subsidy Savings - Nigeria<\/title>\n<meta name=\"description\" content=\"Financial advisor and educator, Kalu Aja, has faulted the decision of the President Bola Tinubu\u2019s administration to chan ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinubu&#039;s Government Misguided on Subsidy Savings\" \/>\n<meta property=\"og:description\" content=\"Financial advisor and educator, Kalu Aja, has faulted the decision of the President Bola Tinubu\u2019s administration to chan ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-19T07:07:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:09:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1758256941.855512.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tinubu&#8217;s Government Misguided on Subsidy Savings\",\"datePublished\":\"2025-09-19T07:07:32+00:00\",\"dateModified\":\"2025-09-19T08:09:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings\"},\"wordCount\":183,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/09\/sm_1758256941.855512.jpg\",\"keywords\":[\"FAAC\",\"Kalu Aja\",\"Nigeria\",\"Tinubu\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/tinubus-government-misguided-on-subsidy-savings\",\"name\":\"Tinubu's Government Misguided on Subsidy Savings - 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