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    Kapital FM 92.9 The Station that Rocks!

National

HOR : PBAT Seeks Amendment Of 2022 Appropriation Act

todayJuly 12, 2023

Background

President Bola Ahmed Tinubu has written to the House of Representatives, seeking for approval for amendment of the 2023 supplementary appropriation Act.

In the letter read on the floor of the House by the Speaker, Dr Tajudeen Abbas, the President said the request has become necessary to among other things, source for funds necessary to provide palliatives to mitigate the effects of the recent removal of fuel subsidy on Nigerians.

The sum of 500 billion naira only has been extracted from the 2022 supplementary appropriation Act of eight hundred and nineteen billion five hundred and thirty six million nine hundred and thirty seven thousand eight hundred and fifteen naira only (819,536,937,815), for the provision of palliatives to Nigerians to cushion the effects of subsidy removal.

President Tinubu urged the house to consider the request expeditiously.

Oduyemi Odumade, Edited By Grace Namiji

Written by: Bukky Alabi

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