President Bola Tinubu has asked the House of Representatives to amend the 2022 Supplementary Appropriations Act to provide N500 billion to fund palliative measures against the impact of fuel subsidy removal. PREMIUM TIMES reports.
The request was convened in a letter read by the Speaker of the House, Tajudeen Abbas, during the plenary on Wednesday.Information Guide Nigeria
President Tinubu is seeking to extract N500 billion from the N819,536,937,813 supplementary budget.
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“I write to request an amendment to the 2022 supplementary appropriation Act in accordance with the attached. The request has become necessary in other to, among other things, source funds necessary to provide palliatives to mitigate the effect of the recent removal of fuel subsidy on Nigerians.
“Thus, the sum of N500 billion has been extracted from the 2022 supplementary budget of N819 billion for the provision of palliative. I hope the House will consider this request expeditiously,” the President’s letter reads.NYSC Portal
Speaker Abbas announced that the request would be considered on Thursday by the House.
