N5,000 transport largesse for indigent Nigerians to last One year; NANS rejects subsidy removal, N5000 payment to 40m Nigerians

Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the proposed N5,000 monthly transportation grant the federal government is planning to give poor Nigerians after the removal of fuel subsidy by June next year would be for a 12-month duration.

But the Senate has faulted the proposal saying the 2022 appropriation bill under consideration by the legislature does not make provision for the N5, 000 monthly transportation stipend for 40 million Nigerians being contemplated by the federal government next year.

The National Association of Nigerian students has rejected the proposed subsidy removal of the federal government and payment of five thousand naira to 40 million poor Nigerians as a transportation grant.

The student’s body threatened to shut down the country should the federal government fail to suspend its plans.

Addressing journalists at a press conference in Abuja, they described the transportation grant as another window of corruption and excessive spending by the government.