The Minister of Information and National Orientation, MOHAMMED IDRIS has said petrol importation in the country reduced by 50 per cent since the withdrawal of the fuel subsidy.

IDRIS said this at the third edition of the ministerial press briefing series in Abuja.

According to him, Nigeria had begun to reap the benefits of the reforms being spearheaded by President BOLA TINUBU.

He added Nigeria’s gross domestic product grew by 3.46 per cent in the fourth quarter of 2023, as against 2.54 per cent recorded in the third quarter of 2023.

The Minister added that capital importation rose to 66 per cent in the fourth quarter of 2023, reversing a 36 per cent decline in the third quarter.