• Senate: No N5,000 transport allowance payment for 40 million Nigerians in 2022 budget• Why labour opposes subsidy removal, by EseleNLC President, Ayuba Wabba, said in Abuja last night that there are no ongoing talks between labour and the Federal Government, as negotiation was adjourned sine die many months ago.
It, therefore, warned that the bait by government to pay 40 million Nigerians N5,000 as palliative to cushion the effect of the astronomical increase in the price of petrol, is comical. It urged the government to establish empirical data on the quantity of refined petroleum products consumed daily by Nigerians.
“For us, we still believe the proposed subsidy grant is news because the budget we are considering contains just petrol subsidy and we can only speak on the document currently before us.” According to her, this has made the removal expedient. The support fund upon approval from FAAC for 20 to 40 million Nigerians will not be done in cash. She further encouraged states to financially contribute to the N5,000 relief fund to improve the productive abilities of Nigerians.
“The situation is dicey right now. The government does not have the money to continue to fund subsidies, the people are too poor to afford PMS at the international price. That is the dilemma that is facing us as a country.”
Does it even sound like economic policy of a primary school pupil?
First of all, there is no provision made for the N5k payment. Secondly,even if NGRSenate amends budget,the funds will enter voicemail A.K.A snake swallowed it or TalesByMoonlight NGRPresident should buy buses from innosonvehicles that will transport Nigerians half the price.
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