Tinubu Seeks N500 billion Approval From House of Reps

07/12/2023 9

The President, Bola Ahmed Tinubu has written to the House of Representatives, requesting the approval of N500 billion to cushion the effects of fuel subsidy removal and also, seeking the amendment of the 2022 supplementary appropriation act to accommodate the funds.

Speaker of the House, Tajudeen Abbas read the letter of the president’s request at Wednesday’s plenary, Titled “Request for the amendment of the 2022 appropriation act”.

The sum of N500 billion only, has been extracted from the 2022 appropriation act of N819.536 for the provision of palliatives to Nigerians to cushion the effect of fuel subsidy removal.

Tinubu Said he expect that the House will speedily consider the request.

However, Abbas added that the House will consider the President’s request at plenary on Thursday.

Written by: Helen Obih

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07/12/2023 9