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Home Politics N500bn for Palliatives: Reps grant Tinubu’s request within 24 hours

N500bn for Palliatives: Reps grant Tinubu’s request within 24 hours

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🔴 Breaking News:

Less than 24 hours after President Bola Tinubu made a request for N500 billion to provide palliatives against fuel subsidy removal, the House of Representatives approved the request.

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The House on Thursday approved the request by amending the Supplementary budget, thereby granting the request by the president.

It would be recalled that President Tinubu had in a letter on Wednesday sought the approval of the N500 billion.

The House considered the bill and passed it.

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The president had at his inauguration removed the controversial subsidy regime on petroleum which caused the retail price of PMS to increase by 200%.

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