The House of Representatives approved President Bola Tinubu’s proposal to source 500 billion naira from the approved budget to offer palliatives for Nigerians after the withdrawal of the petrol subsidy and revised the 2022 supplementary appropriation act.
The lawmakers claimed that the quick passage of the 2nd and 3rd readings of this amendment, which was made 24 hours after the president requested it, was due to the urgency with which the effect of the subsidy’s elimination needed to be mitigated.
The lawmakers encouraged the president to make sure that the proposed monies were used wisely.