• Contact Us
  • About Us
Monday, May 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Reps To Get N70bn Allocation From Tinubu’s N819bn Palliative

metro by metro
July 13, 2023
in Economy
0
Amid Inflationary Pressures, Tinubu  Rolls Out Plan To Pay N8000 Stipend P/M To 12m Households
0
SHARES
0
VIEWS

Read Also

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

The House of Representatives is to get N70 billion allocation from the 2022 supplementary budget of N819 billion as Palliatives.

The amount according to a letter sent by President Bola Ahmed Tinubu on July 12, 2023, and read by the Speaker, Rep. Tajudeen  Abbas, was meant to support the working conditions of new members.

Rep. Julius Ihonvere, the Majority Leader of the House, had presented for second reading a Bill from the 2022 Supplementary Appropriation of N819 billion.

According to the majority leader, this was for the provision of palliatives to Nigerians to cushion the effect of fuel subsidy removal.

Meanwhile, the deputy speaker of the House, Rep. Benjamin Kalu, has lauded President Tinubu’s decision, noting that the palliative would solve the challenges of the legislature.

Kalu lauded the President for having a listening ear, adding that the President’s boldness and courage were commendable.

According to him, there comes a time in the life of a country when leaders with boldness and courage are needed, and it will appear that Nigeria has gotten one in the person of Tinubu.

He said that it took courage and boldness for the President to remove subsidy, adding that “there comes a time in the life of a nation where a leader that is sensitive to the welfare of the people is needed.
ALSO READ:Court Bars DSS, Police From Arresting Kogi SDP Candidate, Ajaka
“It appears we have gotten such leader. This leader has a listening hear. The executive is responding to the yearning of the people and this money is not going to be a free bee.

He said the money was also to solve the challenges of the National Assembly, including the challenges of the House of Representatives.
(NAN)

Previous Post

Court Bars DSS, Police From Arresting Kogi SDP Candidate, Ajaka

Next Post

DSS Charges Emefiele To Court, Promises To Ensure Professionalism 

Related Posts

World Bank
Economy

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

May 15, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 
Economy

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

May 15, 2026
President Tinubu Addresses Joint Sitting Of NASS Wednesday, May 29, 2024.
Economy

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

May 13, 2026
Debt Management Office
Economy

DMO Announces ₦600bn FGN Bond Auction For May 2026

May 13, 2026
Next Post
DSS Charges Emefiele To Court, Promises To Ensure Professionalism 

DSS Charges Emefiele To Court, Promises To Ensure Professionalism 

Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

May 24, 2026

Gates Foundation Ebola Response Funding Announcement

May 24, 2026
Trump Swears In Warsh To Lead US Federal Reserve

Trump Swears In Warsh To Lead US Federal Reserve

May 22, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version