House of Representatives approve President Tinubu’s request for N500 billion palliatives

The House of Representatives has approved President Bola Ahmed Tinubu’s request for a change to the 2022 appropriation legislation that would allow the Federal Government to take N500 billion for palliatives to Nigerians to ease the pain of subsidy elimination.

Today, July 13, lawmakers approved the request in plenary. The House also authorized an extra N319 billion to meet the President’s other demands, bringing the total sanction to N819 billion.

Speaking to newsmen after plenary, the Deputy Speaker of the House, Benjamin Kalu, said while N500 billion is meant for palliatives to cushion the effect of recent subsidy removal policy, the House approved N185.236 billion for the Ministry of Works and Housing to alleviate the impact of the severe flooding experienced in the country in 2022 on road infrastructure across the 6 geopolitical zones.

Kalu told newsmen that the sum N19.2 billion was approved by the House for the Ministry of Agriculture to ameliorate the massive destruction to farmlands across the country during the severe flooding experienced last year.

In addition, N35 billion was approved for the National Judicial Council, N10 billion for Federal Capital Territory Administration for critical projects and N70 billion for National Assembly to support the working conditions of new members.

Kalu said the clarification on the approval by the House became necessary because of the different components contained in it, adding that the monies approved are domiciled in different agencies of government.

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