The Nigerian house of representatives has rather speedily approve President Tinubu’s N500bn request to cushion subsidy removal.
An amendment to the Supplementary Appropriation Act, 2022 has been passed by the house of representatives.
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.
The sum is to be extracted from the N819 billion Supplementary Appropriation Act, 2022.
More to follow…