By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Breaking: Weeks After Terminating Fuel Subsidy, Tinubu Seeks N500b For Palliatives

Last updated: July 12, 2023 3:11 pm
2 years ago BY OGIEANAVHE UDUIMOH
Share
1 Min Read
aitlive 1 5
President Bola Tinubu

President Bola Tinubu is seeking amendment of the 2022 Supplementary Appropriation Act to allow the federal government spend 500 billion naira on fuel subsidy palliatives

In a letter read on the floor of the House at Wednesday’s plenary by the speaker of Nigeria’s House of Representatives, Tajudeen Abbas, the President said the money will be sourced from the 2022 Supplementary Appropriation Act of 819. 5 billion naira.

The President explained that the request has become necessary following the removal of fuel subsidy and the need to provide palliatives to cushion its effect on Nigerians.

MUST READ: Subsidy Removal: Tinubu Meets Oil Marketers, Directs NEC To Work On Interventions

The Speaker announced that the House will consider the President’s request at Plenary on Thursday asking members willing to make contributions to prepare ahead of the consideration.

(Editor: Utibe Umoren )

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Cost savings the real power behind South Africa's solar boom November 21, 2025
  • 30th Conference of the Parties (COP30): African Development Bank Group’s (AfDB) Sustainable Energy Fund for Africa (SEFA) mobilises nearly EUR50 million in new commitments for just energy transition and Mission 300 November 21, 2025
  • Niger takes a major step towards high-speed connectivity with handover of over 1,000 km of fibre-optic cable November 21, 2025
  • African Energy Chamber Calls for Pragmatism, Strengthened United Kingdom (UK) Partnerships to Drive Africa’s Oil Future November 21, 2025
  • Master Power Technologies becomes first African data centre builder to achieve European certification November 21, 2025

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?