Economy2022 Budget Has No Provision For N5000 Transport Grant – Senate

ABUJA — The senate committee on finance has said the 2022 budget did not include the N5,000 transportation grant proposed for N40 million poor Nigerians.

A few days ago, the minister of finance, budget, and national planning, Zainab Ahmed, had announced that the country would remove petrol subsidy by 2022 and replace it with an N5000-a-month transportation grant to the poorest of the country’s population.

However, the senate committee argued that there is no provision of N5,000 transportation grant for

Solomon Olamilekan, a senator representing Lagos west, posited that the 2022 budget proposal contained fuel subsidy and not a transportation grant which amounts to N2.4 trillion.

“I don’t want to go into details for now. I believe that if such a proposal is to come to pass, a document to that effect must be sent to National Assembly for us to see how possible it is and how do we identify the 40 million Nigerians that are going to benefit.

“There are still a lot of issues to be deliberated upon and looked into if eventually, this will come to pass. How do we raise this money to pay these 40 million Nigerians because I know that even the federal government revenues are from this so-called oil and other sources,” the lawmaker said.


Beloved John (Staff Writer)

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