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Tinubu write Nass, seeks N500bn for palliatives to cushion subsidy removal

President Bola Ahmed Tinubu has written to the National Assembly seeking amendment to the 2022 supplementary appropriation Act to allow the Federal Government source N500 billion for palliative measures to cushion the effect of subsidy removal.

In a letter read on the floor of the House during plenary by Speaker Tajudeen Abbas, the President said the money will be sourced from the 2022 supplementary Appropriation Act of N819.5 billion.

The Speaker added that the House will consider the President’s request at plenary on Thursday and asked members willing to make contributions to be prepared to do so.