Subsidy Removal: Senators Disagree with Buhari, Insist on December 2023 as Deadline – THISDAYLIVE

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Subsidy Removal: Senators Disagree with Buhari, Insist on December 2023 as Deadline *Say stopping policy in June will create crisis for new govt Sunday Aborisade, Abuja Senators across political party lines have said the National As

Senators across political party lines have said the National Assembly would not pass the proposal on petrol subsidy removal as presented by President Muhammadu Buhari in order not to create crisis for the new administration that would succeed him next year.

The proposal of the Senate panel on subsidy was however rejected at plenary but the House of Representatives okayed its Committee’s recommendation which was N1.7 trillion. They argued that stopping the subsidy regime at the time a new administration would be taking over power, would create a lot of crisis.

Utazi noted that the effective implementation of the 2023 appropriation bill would be determined by the way the government would tackle oil theft in the Niger Delta. “The second scenario is for it to end in December but there won’t be any money to fund capital projects. By what was submitted on Friday, it is intended that it would end in June next year.Jibrin commended the Buhari’s government for improving on the nation’s infrastructure development.

Also, the Chairman, Senate Committee on Women Affairs, Senator Betty Apiafi, assured Nigerians that the nation’s parliament would do the needful on the subsidy issue.

 

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