National Assembly okays N4tr fuel subsidy payment for 2022 | The Guardian Nigeria News - Nigeria and World News

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The House of Representatives, yesterday, approved payment of N4 trillion as subsidy for Petroleum Motor Spirit (popularly known as petrol).

Buhari relays, seeks passage of anti-money laundering, terrorism bills

Also approved is the cut in federally funded upstream projects by N200 billion and increase in projected Federal Government revenue by N400 billion. This is even as Senate President Ahmad Lawan urged the Federal Government to halt crude oil theft and importation of refined petroleum products to beat down expenditure.

Other members include Senators Yusuf A. Yusuf, Solomon Olamilekan Adeola, Kabiru Gaya Muhammad Adamu Aliero, George Thompson Sekibo and Gabriel Suswam. The amount represents an increase of N192.5 billion from the N17.1 trillion approved and assented to last December. IN another development, the Nigerian leader transmitted the Money Laundering Bill and Terrorism Prevention Bill to the upper legislative chamber for expeditious consideration and passage.

 

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This is madness

And couldn't okay 1trn to settle ASUU. If you think something is not wrong with this country, may Nigeria happen to you.

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