You are here: HomeNews2023 07 13Article 672236

General News of Thursday, 13 July 2023

Source: www.mynigeria.com

Nigerians react as Tinubu announces 12m households will get N8,000 for 6 months

President Bola Ahmed Tinubu President Bola Ahmed Tinubu

President Bola Ahmed Tinubu has announced that 12 million families will get a sum of N8,000 for six months. This move he said will reduce the burden on Nigerians following the removal of subsidy.

He said this in a letter to the House of Representatives, read by Speaker Tajudeen Abbas during plenary on Thursday, July 13.

The President asked the House of Representatives to amend the 2022 Supplementary Appropriations Act to provide N500 billion to fund palliative measures against the impact of fuel subsidy removal.

“I write to request an amendment to the 2022 supplementary appropriation Act in accordance with the attached. The request has become necessary in other to, among other things, source funds necessary to provide palliatives to mitigate the effect of the recent removal of fuel subsidy on Nigerians.

“Thus, the sum of N500 billion has been extracted from the 2022 supplementary budget of N819 billion for the provision of palliative. I hope the House will consider this request expeditiously,” the President’s letter states.

Reacting to this palliative measures to cushion the hardship on Nigerians, some netizens took to social media to share their thoughts.

@Asiwaju__Aso wrote: "This is backwardness, we are not at war.

"Buy buses for free transport and give people water and Power into their households, remove every single tax on ladies pad and children medicine, equip hospitals. That is how to alleviate the pains of the common people."

@TonexBat23 commented: "What's the long-term plan? I really don't support this sort of palliative because this is about all Nigerians and not 12m Nigerians."

@usmanolatunji3 said: "I'm against this. Na nonsense."

@lekuche: Just repear the refineries.

@AASamuel321: Buh how will dey spend d 500bn, how will it relieve the common man of the hardship effects of d subsidy. Is a it a going to be a long term or short term relief..?

@Org_4green: Waste as usual. If funds are invested in transport sector it will ease the pressure a lot and the price of stuffs will start coming down

@dan_onose: What happened to the 800billion loan Buhari collected for same purpose. Any account on that?