"Contrasting Priorities: Bola Tinubu's Administration Allocates N19 Billion to Address Flooding Impact, While N70 Billion Goes to House of Representatives"
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The Bola Tinubu-led Government has drawn consideration for its dissimilar designation of assets, uncovering differentiating needs. While only N19 billion has been allocated to address the severe effects of flooding on farmlands across the country, an astonishing N70 billion has been approved to allegedly improve the working conditions of House of Representatives lawmakers.
As part of President Tinubu's planned N500 billion palliative measure, this allocation breakdown raises questions about the government's dedication to the agricultural sector and comprehension of the urgent need to assist farmers in times of crisis. In a hasty move, the House of Representatives granted President Tinubu's request to amend the N819 Supplementary Appropriation Act, enabling the administration to obtain the funds necessary to provide measures to mitigate the impact of the removal of fuel subsidies on Nigerians.
The mere allocation of N19 billion to the Federal Ministry of Agriculture to address the plight of farmers appears grossly inadequate, especially when compared to the amount given to new lawmakers in the National Assembly. This is especially the case in light of the increasing incidents of flooding that are wreaking havoc on agricultural lands and causing farmers extreme distress.
The allocations are broken down as follows:
1. N500 billion for palliatives and other capital consumption to pad the effect of the new appropriation evacuation strategy.
2. N185,236,937,815 to the Service of Works and Lodging to mitigate the repercussions of serious flooding experienced across the six international zones on street framework.
3. N19,200,000,000 to the Government Service of Horticulture to moderate the broad annihilation of farmlands all through the nation brought about by the extreme flooding experienced the year before.
4. The National Judicial Council receives N35 billion.
5. Ten billion Nigerian naira to the Federal Capital Territory Administration for important projects.
6. 70 billion Nigerian naira to the National Assembly to help new members get a job.
In the meantime, President Tinubu made it clear in a separate communication to the Senate how the government intends to distribute the $800 million borrowed from the World Bank to lessen the widespread effects of eliminating fuel subsidies. 12 million "poor and low-income households" will receive N8,000 monthly for six months, according to the proposal.
The president underscored that the motivation behind this office is to extend the inclusion of shock-responsive wellbeing net help among weak Nigerians, assisting them with adapting to their essential necessities. The Federal Government of Nigeria will provide a monthly transfer of N8,000 to 12 million poor and low-income households as part of the program's conditional cash transfer window, bringing the total number of beneficiaries to approximately 60 million. This data was handed-off to the Senate during the whole by the Senate President, Godswill Akpabio.
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