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Subsidy Removal: Reps Approve Tinubu’s Request To Source N500bn For Palliatives

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The 2022 supplementary appropriation act has been amended by the House of Representatives and approved President Bola Tinubu’s request to source for 500 billion naira from the approved budget to provide palliatives for Nigerians following the removal of petrol subsidy.

This amendment comes 24 hours after the president’s request and was speedily taken through 2nd and 3rd reading which according to the lawmakers was in line with the need to urgently cushion the effect of the removal of subsidy.

The lawmakers urged the president to ensure judicious use of the funds as requested.

Meanwhile, President Tinubu has said 12m families will get N8, 000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal.

According to a letter to the House of Representatives read by Speaker Tajudeen Abbas during plenary on Tuesday, Tinubu said it was support to enable poor and vulnerable Nigerians cope with the cost of meeting basic needs.

The letter was for approval of additional financing for the national social safety net programme scaled up by the National Assembly. The President said this would have a multiplier effect on about 60 million individuals.

In his opinion, digital transfers would be made directly to beneficiaries accounts as to ensure that the process is credible and fair.

See below the summary:

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BREAKING: Rivers Assembly moves to probe Chief Judge over alleged age falsification

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The Rivers State House of Assembly has set plans in motion to investigate the state Chief Judge, Justice Simeon Amadi, for alleged falsification of age.

The development comes amid ongoing political crisis in the state.

Recall that the Minister of the FCT, Nyesom Wike and Governor Similayi Fubara have been engaged in a political rivalry over who controls the oil rich state.

Details later….

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Sen Kalu rejects NYLF’s call to run for president, reaffirms support for Tinubu

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Chairman of the Senate Committee on the South East Development Commission (SEDC) and Senator representing Abia North, Senator Orji Uzor Kalu, has rejected calls from the Northern Youth Leaders Forum (NYLF) urging him to run for president in 2027.

The NYLF, a coalition of 40 groups, made the request after a courtesy visit to former President Olusegun Obasanjo in Abeokuta, Ogun State.

The group’s President, Comrade Eliot Afiyo, named Obasanjo as its patron and listed Kalu and Labour Party’s 2023 presidential candidate, Peter Obi, as their preferred contenders for the 2027 presidency.

The group also suggested that the Governors of Zamfara and Adamawa States, Dauda Lawal and Umar Fintiri, serve as running mates.

However, in a statement issued on Thursday by his media office and signed by George Maduka, Senator Kalu firmly dissociated himself from any presidential ambition, reiterating his commitment to supporting President Bola Ahmed Tinubu’s re-election in 2027.

Kalu emphasized that there is no division within the All Progressives Congress (APC) regarding the party’s 2027 presidential candidate and urged the opposition to refrain from using his name for political distractions.

The statement read in part: “Nigerian politics operates within a framework of a federal and presidential system, allowing citizens the right to vote and be voted for.

Senator Kalu has the right to decide what position he should be considered for, and the presidency in 2027 is not one of them.

He has publicly endorsed President Tinubu for re-election and remains committed to the work required to support him.”

Kalu further expressed confidence in Tinubu’s economic reforms, stating that achieving long-term stability, inclusivity, and adaptability requires the President to serve a full eight-year tenure.

“Since Nigeria’s return to democracy, no leader has shown the courage to reform the dwindling economy as Tinubu has.

Kalu believes the best Nigerians can do is to support and re-elect the President in 2027 to complete the good work he has started.”

The former Abia State Governor also highlighted his long-standing friendship with Tinubu, dating back to their time as governors in 1999, and reaffirmed his unwavering support for the President’s progressive economic policies.

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BREAKING: Tinubu to meet Obasa, Lagos Assembly members in Abuja

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President Bola Tinubu is scheduled to meet with the Lagos State House of Assembly, at the Presidential Villa, Abuja.

Already, the Speaker, Mudashiru Obasa, arrived at about 2:50 pm, while his colleagues had earlier arrived in two coaster buses.

The meeting may not be unconnected with the recent leadership crisis in the State House of Assembly.

The Speaker, Rt. Hon. Obasa was impeached by some of his colleagues but he was later reinstated after the intervention of the political leaders especially the Governing Advisory Council, GAC.

Despite the Speaker’s reinstatement, it was gathered that the bad blood as a result of his impeachment is yet to be over.

Details later…

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