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November 25, 2021 NLC, Nigerians Kick Against 5000 Naira Grant Over Subsidy

The Senate Committee on Finance has said there is no provision for monthly 5000 Naira transport grant to 40 million poor Nigerians in the 2022 budget currently being considered by the National Assembly.

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 panel’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.

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