.MKKyari: Petrol subsidies of 2022, 2023 not yet funded | TheCable
But Kyari said aside from the inability of the NNPC to finance subsidies, the federal government was yet to provide the budgeted funds since the beginning of the year.“There was a provision of N6.3 trillion in 2022 and N3.
“Absolutely, there is a provision in the budget but you do not have the cash to back it up or you also don’t have the fiscal obligation that should have come for the NNPC to settle for this and this definitely means that there is provision for the end of June, according to the appropriation act but you can’t give what you don’t have.”
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