Abuja, July 13, 2023 – The House of Representatives has approved the N500 billion requested by President Bola Tinubu for palliatives to cushion the effects of petrol subsidy removal.
Consequently, the House has approved an amendment to the 2022 appropriation act to enable the Federal Government to access the funds.
The House gave its approval on Thursday following the recommendation of the House Committee on Supply.
Earlier members had taken turns to debate the issue at the plenary.
Some members commended the President for taking a bold step to remove fuel subsidy and showing to Nigerians that he was a listening President.
Julius Ihonvbare, the House Leader, who presented the request to members for debate, said the country now had a “President who listens to the yearning of the people”.
Kingsley Chinda, the Minority Leader, said the proper yardstick to measure a government is whether it is responsible and responsive. (GBN)