Politics
President Bola Ahmed Tinubu Seeks N500 Billion Approval from House of Representatives to Mitigate Fuel Subsidy Removal Effects
President Bola Ahmed Tinubu has submitted a letter to the House of Representatives, requesting the approval of N500 billion to alleviate the consequences of fuel subsidy removal. The president is seeking an amendment to the 2022 supplementary appropriation act to accommodate the necessary funds.....KINDLY READ THE FULL STORY HERE▶
During Wednesday’s plenary, Speaker of the House, Hon. Tajudeen Abbas, read the president’s letter of request. The letter, titled “Request for the amendment of the 2022 appropriation act,” states, “I write to request the approval of the House of Representatives for an amendment of the 2022 appropriation act in accordance with the law.
“The request is necessary to secure funds to provide essential palliatives aimed at mitigating the impact of the recent removal of fuel subsidy in Nigeria.
“The sum of N500 billion has been extracted from the 2022 appropriation act of N819.536 billion for the provision of palliatives to cushion the effects of fuel subsidy removal on Nigerians. I anticipate that the House will promptly consider the request.”
Abbas further mentioned that the House will deliberate on the President’s request during Thursday’s plenary session.
PUBLIC HEARING ON SENATE BILL 648: WHY NIGERIA MUST DEBATE THE FUTURE OF ITS DIGITAL ECONOMY, NOT JUST SOCIAL MEDIA
Don’t Blame INEC Chairman For Rigging’ — Deji Adeleke Sparks Fresh Election Debate
Fresh Tension As Nigeria Pushes ECOWAS To Act Over South Africa Xenophobia
Act Like A Leader, Stop Blaming Tinubu – Osita Okechukwu Fires At Atiku
Atiku, Peter Obi Can’t Gather Enough Support To Defeat Tinubu In 2027 – Ganduje
Mystery Deepens: New Details Surface In Mary Habila Death Investigation
Edo Governor Makes Major Shake-Up, Approves 20 Fresh Appointments
Oshiomhole Breaks Ranks, Opposes Fasina’s Confirmation Over Sexual Harassment Allegations
The Truth Must Be Told!’ – Full Text Of Umahi’s Explosive Remarks On Mary Habila’s Controversial Death
