N'assembly approves Buhari’s N4trn petrol subsidy request | TheCable

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[TOP STORY] N'assembly approves Buhari’s N4trn petrol subsidy request | TheCable

April 14, 2022 1:30 PM

The lower and upper legislative chambers approved the president’s request after they considered reports from their committees on finance. The national assembly also approved an oil benchmark of $73 per barrel and the oil production output of 1.6 million barrels per day.It approved an increase of the federal government revenue of N400 billion and cut funding upstream projects from N352 billion to N200 billion.

Lawan said Nigeria depends too much on the oil industry, lamenting that any change in the global economy hits the country hard.

 

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No check and balance in government now

Thanks 🙏

It is finished, 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Worthless things 🙄

I can assure you that the N4trn was simply approved to prosecute the 2023 election. I am still buying fuel at 220 naira. Useless country

It is either a subsidy regime or 🇳🇬 becomes another Sri Lanka! Your Naira is worthless, crude oil is priced in dollars ($1=N590) above the reach of at least 99% of your population. Only option left is a subsidy to make petrol, diesel affordable for your junks!

We are doomed!

'who is subsidizing who?' - Buhari.

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JUST IN: N'assembly approves Buhari’s N4trn petrol subsidy request | TheCableBoth chambers of the national assembly have approved the request of President Muhammadu Buhari to earmark N4 trillion for premium motor spirit (PMS) popularly known as petrol. nassnigeria HouseNGR FMPRng HETimipreSylva NNPCgroup MKKyari GarShehu These bunch of 🤡 🤡 .... nassnigeria HouseNGR FMPRng HETimipreSylva NNPCgroup MKKyari GarShehu PIB implementation in real terms nassnigeria HouseNGR FMPRng HETimipreSylva NNPCgroup MKKyari GarShehu It seems Buhari is the borrower-general of Nigeria.
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