Tinubu seeks Senate’s approval for N500bn palliatives
Politics
PRESIDENT Bola Tinubu has written the Senate requesting the approval of N500 billion for palliatives to mitigate the effect of the recent removal of fuel subsidy on Nigerians.
The request was contained in a letter to the Senate and was read by the Senate President Godswill Akpabio during plenary on Thursday.
The letter is titled “Request for the amendment of the 2022 Supplementary Appropriation Act.”
And it reads: “I write to request the approval of the Senate for the amendment of the 2022 Supplementary Appropriation Act.
“The request has become necessary in order to among other things, source the funds necessary to provide palliatives to mitigate the effect of the recent removal of fuel subsidy on Nigerians.
“The sum of N500 billion had been extracted from the 2022 Supplementary Appropriation Act of N819,536,937,815 for the provision of palliatives to Nigerians to cushion the effect of fuel subsidy removal.”
Akpabio thereafter refered the letter to the Committee of the Whole for consideration.(NAN)
T
July 13, 2023 @ 16:46 GMT|
Related Posts
Reps minority caucus commiserates with stampede victims
THE Minority Caucus of the House of Representatives has urged the government, at all levels, to take targeted actions to...
Read More2025 budget will bridge infrastructure deficit – Tinubu
PRESIDENT Bola Tinubu on Monday said that the borrowing envisaged in the 2025 budget was targeted at providing critical infrastructure....
Read MoreYahaya Bello threatens to sue online media over alleged comment against Tinubu
FORMER Gov. Yahaya Bello of Kogi has threatened to sue persons behind an online media, Daily Excessive, over alleged fake...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.