Buhari also requested that the parliament approve an increase in the expected PMS subsidy provision for 2022…

Details below!!!

President Muhammadu Buhari’s request for an additional N3.557 trillion in fuel subsidies has been opposed by Senate President Ahmed Lawan. Lawan stated that the presidential proposal is ridiculously inappropriate at the current N250 pump price of … Read more >> https://www.pentweb.org.ng/lawan-blasts-buhari-for-requesting-a-n3-5-trillion-fuel-subsidy/

They know themselves

402 days remaining I will survive Buhari.

Is he just waking-up? When he was approving loans for the clueless without proper reasoning nko

Anieke77:
They know themselves

Exactly, they know themselves! May God release us from them!

Mentorkaryhm:
Is he just waking-up? When he was approving loans for the clueless without proper reasoning nko

It is simply one of their political games they are playing and we are no fools!!

yuping:
402 days remaining I will survive Buhari.

we will*

Lawan blasts Buhari for requesting a N3.5 trillion fuel subsidy.

Buhari also requested that the parliament approve an increase in the expected PMS subsidy provision for 2022…

Details below!!!

President Muhammadu Buhari’s request for an additional N3.557 trillion in fuel subsidies has been opposed by Senate President Ahmed Lawan.

Lawan stated that the presidential proposal is ridiculously inappropriate at the current N250 pump price of Premium Motor Spirit.

His rebuke came only days before the Senate approved N3.557 trillion in additional gasoline subsidy funds, which Buhari had requested.

According to previous reports, the Senate would pass the revised 2022 budgetary framework on Thursday, April 14, 2022, before adjourning for the Easter holiday.

The Senate President himself gave the hint when the Committee on Finance’s report was pushed out for consideration, according to a statement written by Dr. Ezrel Tabiowo, Special Assistant (Press) to the Senate President, on Wednesday, April 13, 2022.

Buhari had urged the chamber, among other things, to approve a N3.557 trillion increase in the anticipated budget for 2022 subsidy for PMS, better known as petrol, from N442.72 billion to N4 trillion.

A letter dated April 5, 2022 contained the request.

“My observation is that it’s better for Federal Government to remove fuel subsidy and use the money to improve the power supply in Nigeria.

“If with subsidy, people will still buy fuel in filling station at the rate of N250 per liter and also collect subsidy from Federal Government by marketers, that’s double profits and does not make sense.

“Giving electricity to the public is like automatically creating job opportunities for our youths in Nigeria. More so that the youths are now manufacturing electric cars and other devices in Nigeria,” Lawan said.

He also urged that the federal government take over power plants from the private sector in order to provide citizens with electricity that is worth what they pay for.
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