2022 Budget Has No Provision For N5000 Transport Grant – Senate

2022 Budget Has No Provision For N5000 Transport Grant – Senate

The Senate has said that the 2022 budget has no provision for the proposed N5,000 transport grant to manage the effect of subsidy removal by June 2022. Information Guide Nigeria

This was disclosed by the Senate Committee Chairman on Finance, Senator Solomon Adeola Olamilekan while defending his committee’s report before the Committee on Appropriations chaired by Senator Jibrin Barau on Wednesday in Abuja.

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According to DAILY POST, Olamilekan was asked to confirm following the announcement by the Minister of Finance, Budget, and National Planning, Zainab Ahmed that the sum of N5,000 will be given to Nigerians as transportation grant before the middle of 2022.

Olamilekan noted that the 2022 budget proposal contained a fuel subsidy and not a transportation grant which amounts to N2.4 trillion.

DAILY POST reports that Olamilekan said: “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. Jamb Result 

“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.”

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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