 The NNPC has requested the sum of three trillion Naira as fuel subsidy for 2022. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed these two state House correspondence on Wednesday. This was after the Federal Executive Council meeting, which was chaired by President Mohamed Buhari on Wednesday. According to Mrs. Ahmed, by implication, the federal government will have to make an incremental provision of 2.557 trillion Naira in order to meet subsidy requirements, which currently averages about 272 billion per month. What this means is that we have to make an incremental provision of 2.557 trillion Naira to be able to meet the subsidy requirement, which is averaging about 270 billion Naira per month. In 2021, the actual under recovery that has been charged to the Federation was 1.2 trillion, which means an average of 10, 100 billion per month. But in 2022, because of the increased prices of crude oil price per barrel in the global market now at $80 per barrel, and also because NNPC's assessment is that the country is consuming 65.7 million liters per day, that will end up with incremental cost of 3 trillion in 2022.