NewStats: 3,262,258 , 8,176,636 topics. Date: Sunday, 01 June 2025 at 04:03 PM 2t4o40

The Senate Committee on Finance has said there is no provision for monthly N5000 transport grant to 40 million poor Nigerians in the 2022...

The Senate Committee on Finance has said there is no provision for monthly N5000 transport grant to 40 million poor Nigerians in the 2022 budget currently being considered by the National Assembly.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, had said the federal government plans to remove fuel subsidy mid next year and the transport allowance was to cushion its potential negative impact on the most vulnerable Nigerians.

But the Senate committee said the 2022 budget proposal contains fuel subsidy, but no provision for the proposed N5000 transport grant, which amounts to N2.4 trillion annually.

The chairman of the committee, Senator Adeola Olamilekan Solomon, stated this while speaking with newsmen after presenting his ’s report on 2022 budget to the Appropriations Committee.

He said before the executive could embark on such intervention, a proposal to that effect must be sent to the National Assembly for approval.

He also raised questions about the criteria to select the beneficiaries of the proposed transport subsidy.

Olamilekan said, “The Minister of Finance, Budget and National Planning was quoted to have said that 40 million Nigerians would be paid N5000 as transportation allowance in lieu of the fuel subsidy.

“I don’t want to go into details for now. I believe that if such proposal is to come to , 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 . 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.

“We don’t have anywhere in the budget where 40 million Nigerians will collect N5000 monthly as transportation allowance totaling N2.4 trillion.

“I know that there must be a budgetary provison for this for us (National Assembly) to consider. That is why I said it is still a news out there until it is formally sent to the National Assembly for either a virement to the budget or reordering of the budget.

https://dailytrust.com/subsidy-removal-no-provision-for-n5000-transport-grant-in-2022-budget-senate

Chai wat an unfortunate country
For it not to be in the budget the looting will be very aggressive

APC!!!


Naija I dey hail o

this oga senator dey talk as if he no know how bubu dey run his government.
just watch out: Baba will forward another supplementary budget to the national assembly very soon and attach with it another proposal to borrow $20b from China to pay transport grant.
is it not how it has always been?

I knew about that since it was Nigeria.

anything can happened..

Ijustdey watch as Nigeria dey head for doom.

Believe this istration at your own peril. Audio #5000

The country belongs to you politicians, make una use am do wetin Una like.

One day be one day!

40 millions poor Nigerians ... The government is even proud to refer to some class of the citizens as "POOR"

lol confused and clueless people...


So how the audio 5k go come be now wey I don go dust my akant number nd I don go price house for Lekki say I go dey pay monthly

So N2.4 trillion monthly? Hmmn. Multiply that by 12.

What was then saved by removing subsidy?

This is my country
This Nigeria.....

But there's provision for subsidy?

Once you take off the subsidy, you can channel the money to transport.

It will be more than enough for that.

This APC govt is a big scam.
Tueeh!

Imagine the nemesis someone gave Nigeria as a trusted and tested product.......
Let them continue, soon the masses will come after them one by one, let them check the meaning of REVOLUTION!!!!!!!!!!!

Also check my signature for your quality building Designs and Constructions works....

U know those to get the 5k.

It will become, community project

Buhari sef

These people are mad

What is N5000?

The scam has begun

Satanic CHAINge!.... Useless govt of self serving THIEVES AND BLOODTHIRSTY TERRORISTS!

The lifeless vegetable is all shades of scam

Scam

ijustdey:
The Senate Committee on Finance has said there is no provision for monthly N5000 transport grant to 40 million poor Nigerians in the 2022...


https://dailytrust.com/subsidy-removal-no-provision-for-n5000-transport-grant-in-2022-budget-senate

Finance minister is busy running her mouth

wman:
So N2.4 trillion monthly? Hmmn. Multiply that by 12.

What was then saved by removing subsidy?

How did u get 2.4 trillion monthly?

Lol. It is well

The fuel subsidy removal is a Northern mission.
they want to use the subsidy money to service the $16 billion and €1 billion loan the president took to build railway in the North up to Niger republic...
we the southerners must come together as one and fight this with our last blood

How do there even classified the poor Nigerians

Holly Gram WTF MAN

Stop subsidy & begin N5,000 grant. Why are these people doing us like this? What's the difference between the grant & subsidy? Audio money that will still go back to them. An avenue to siphon cash.