By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Subsidy Removal: No Provision for N5000 Transport Grant in 2022 Budget – Senate
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Subsidy Removal: No Provision for N5000 Transport Grant in 2022 Budget – Senate

News

Subsidy Removal: No Provision for N5000 Transport Grant in 2022 Budget – Senate

Juliet Amaka
Juliet Amaka
Published: June 15, 2025
Last updated: June 15, 2025
2 Min Read
Share
Subsidy Removal: No Provision for N5000 Transport Grant in 2022 Budget – Senate | Daily Report Nigeria
SHARE

The Chairman of the Senate Committee on Finance, Adeola Olamilekan Solomon, has stated that the 2022 budget proposal contains fuel subsidy, but no provision for the proposed N5000 transport grant to 40 million poor Nigerians, which amounts to N2.4 trillion annually.

He stated this while speaking with newsmen after presenting his panel’s report for 2022 budget to the Appropriations Committee.

According to him, before the executive can embark on such intervention, a proposal must be sent to the National Assembly for approval.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

“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 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.

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.”

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:federal governmentfuel Subsidy
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Rúben Amorim Sets Clear Condition for Sancho, Antony, Garnacho to Stay | Daily Report Nigeria
Rúben Amorim Sets Clear Condition for Sancho, Antony, Garnacho to Stay
Sports
NSC Chairman Dikko Clears Air on Super Falcons’ Pay Delay | Daily Report Nigeria
NSC Chairman Dikko Clears Air on Super Falcons’ Pay Delay
Sports
Davido Accused of Infidelity and ₦25M Gift to Side Chick in Viral Snapchat Rant | Daily Report Nigeria
Davido Accused of Infidelity and ₦25M Gift to Side Chick in Viral Snapchat Rant
Entertainment
BREAKING: Terror Strikes Imo as Suspected IPOB Militants Kill Seven in Fresh Attack | Daily Report Nigeria
BREAKING: Terror Strikes Imo as Suspected IPOB Militants Kill Seven in Fresh Attack
Metro
How 18 Edo LG chairmen squandered N83bn Federal allocation – Okpebholo
Court Stops Edo Governor From Inaugurating New Electoral Commission
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Understanding the Effects and Causes of Anthrax in Nigeria | Daily Report Nigeria
News

Understanding the Effects and Causes of Anthrax in Nigeria

June 14, 2025
Pondi Donates Medical Supplies Worth Millions to Constituents
News

Pondi Donates Medical Supplies Worth Millions to Constituents

June 15, 2025
Bandits Terorrising People Are Fulani – Gov. Masari | Daily Report Nigeria
News

Bandits Terorrising People Are Fulani – Gov. Masari

June 15, 2025
Fashola Reveals Major Cause Of Road Failure And Accidents | Daily Report Nigeria
MetroNews

Fashola Reveals Major Cause Of Road Failure And Accidents

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?