Petrol Subsidy To Remain Till Mid-2023\u2013FG<\/strong> Photo Credit:Channels Television <\/strong><\/p>\n Ahead of the 2023 budget presentation, the Federal Government on Monday reiterated petrol subsidy will remain in place until mid-2023.<\/p>\n According to the Minister of Finance, Zainab Ahmed, the government is proposing to spend only N3.36 trillion for petrol subsidy in 2023.<\/p>\n She made the comment while meeting with the House of Representatives Committee on Finance in Abuja on the details of the 2023-2025 Medium-Term Expenditure Framework and Fiscal Strategy Paper.<\/p>\n The minister added that the Federal Government is proposing an aggregate expenditure of N19.76 trillion for the 2023 financial year, with a projected deficit of N11.30 trillion.<\/p>\n According to Mrs Zainab, the Federal Government is projecting the total revenue of N8.46 trillion, out of which N1.9 trillion is expected to come from oil-related sources while the remaining is to come from non-oil sources.<\/p>\n Meanwhile, the Federal Government is expected to peg crude oil price at $70 per barrel at an exchange rate of N435.57 per dollar, while real Gross Domestic Product (GDP) is projected at 3.7 percent and inflation at 17 to 16 percent.<\/p>\n Why I Defected To PDP \u2014 Shekarau <\/strong> Photo Credit:Vanguard Newspapers <\/strong><\/p>\n The former Kano state governor and incumbent Senator representing the Kano Central Senatorial Zone, Malam Ibrahim Shekarau has explained his decision to join the PDP as the final outcome of the Shura Committee former by his supporters.<\/p>\n Shekarau explained that he is not after position or office but working to protect his integrity, dignity and freedom as a citizen.<\/p>\n Delivering an address announcing his defection to the Peoples Democratic Party (PDP) on Monday, Shekarau added further that wherever he goes to and there are signs of lack of fairness and justice he will leave.<\/p>\n He publicly announced that he is no more the Senatorial candidate under the New Nigerian Peoples Party (NNPP) saying he and all his supporters have moved to the PDP.<\/p>\n \u201cIt is not office or position that we are interested in. It is our integrity, dignity and freedom that we are protecting.<\/p>\n Atiku Donates N50m To Victims Of Flood In Kano <\/strong> Photo Credit:Vanguard Newspapers<\/strong><\/p>\n Former Vice President and presidential candidate of the Peoples Democratic (PDP) Atiku Abubakar has donated the sum of N50 million to victims of flood at the popular textile market in Kano, Kantin Kwari<\/p>\n Flood due to heavy down pour, had destroyed over N200 million worth of materials and about 200 shops were equally affected according to SEMA.<\/p>\n Delivering a speech at the residence of Malam Ibrahim Shekarau who recently dumped the New Nigerian Peoples Party (NNPP), Atiku announced his donation to the victims, describing Kano as a renown commercial centre.<\/p>\n \u201cKano is a renown commercial centre that has its marks in the economy. \u201cI wish to use this opportunity to console victims of the unfortunate flood that was necessitated by heavy down pour.\ufeff.<\/p>\n \u201cI also wish to use this opportunity to donate the sum of N50 million to those affected by the unfortunate situation\u201d he stated.<\/p>\n Content created and supplied by: YAHAYA (via Opera \n , . , . () , , , , , , , , . \/ , and\/or . , , and\/or , and\/or <\/span> Petrol Subsidy To Remain Till Mid-2023\u2013FG Photo Credit:Channels Television Ahead of the 2023 budget presentation, the Federal Government on Monday reiterated petrol subsidy will remain in place until mid-2023. According to the Minister of Finance, Zainab Ahmed, the government is proposing to spend only N3.36 trillion for petrol subsidy in 2023. She made the comment […]<\/p>\n","protected":false},"author":1,"featured_media":1194398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3888],"tags":[],"class_list":["post-1194397","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1194397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1194397"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1194397\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1194397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1194397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1194397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/p>\n
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