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JUST IN: Reps Approve N500bn Subsidy Palliative, 12m Households to Get N8,000 Each

The House of Representatives had approved N500 billion to allow President Bola Ahmed Tinubu’s government to give out palliative to Nigerians following the recent subsidy removal.

Tinubu had earlier written to the lawmakers to approve the sum. The letter, The Nation reports was an approval of additional financing for the national social safety net programme scaled up by the National Assembly.

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By this, 12 million families will get N8,000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal.

Details later…

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