Tinubu Writes House Of Reps, Seek N500bn For Palliative | READ DETAILS

President Bola Tinubu has written to the House of Representative (HOR), seeking amendment to the 2022 supplementary appropriation Act to allow the Federal Government source N500 billion for palliative to cushion the effect of subsidy removal.

In the letter read on the floor of the house by the Speaker HOR Dr Tajudeen Abbas, the President said the request has become necessary to among other things, source for funds necessary to provide palliatives to mitigate the effects of the recent removal of fuel subsidy on Nigerians.

“Thus the sum of 500 billion naira only has been extracted from the 2022 supplementary appropriation Act of eight hundred and nineteen billion five hundred and thirty six million nine hundred and thirty seven thousand eight hundred and fifteen naira only (819,536,937,815), for the provision of palliatives to Nigerians to cushion the effects of subsidy removal.

President Tinubu urged the house to consider the request expeditiously.