*Monthly Expenses*: Nigeria spends $600 million on fuel importation every month .
*Reason for High Expenses*: The high import bill is due to neighboring countries, up to Central Africa, benefiting from Nigeria's fuel imports.
*Fuel Subsidy Removal*: President Bola Tinubu removed the fuel subsidy on May 29, 2023, as the country lacks precise data on its domestic fuel consumption.
*Impact of Fuel Subsidy Removal*: The removal of the fuel subsidy led to a decrease in petrol imports, which dropped to an average of one billion liters per month.
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