Reps speedily approve Tinubu’s N500bn request to cushion subsidy removal | TheCable

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The house of representatives has passed an amendment to the Supplementary Appropriation Act, 2022. The amendment passed first, second and third readings during plenary on Wednesday. President Bola Tinubu had

asked the lawmakers to approve the N500 billion, in order to allow the federal government provide palliatives to cushion the effects of petrol subsidy removal on Nigerians.Tinubu declared that

Nigerians have been feeling the pangs of that declaration, amid increased economic hardship, hike in transport fares, spiralling inflation and widespread poverty.AdvertisementWhile leading the debate on the bill, Julius Ihonvbere, majority leader, said the N500 billion request from the executive shows that the nation has a “government that listens”.

He asked his colleagues to support the approval of the president’s request in the “spirit of collaboration with the executive”.Also speaking, Ahmed Jaha from Borno, commended the executive for taking steps to cushion the effect of petrol subsidy removal on Nigerians.Beni Lar from Plateau said while the move should be commended, it is important to know the types of palliatives that will be provided.

 

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