The Speaker of the House of Representatives, Tajudeen Abbas, read Tinubu’s letter, titled, ‘Request for the amendment of the 2022 appropriation act’ at the plenary on Wednesday.
Tinubu said that the money would be sourced from the 2022 supplementary Appropriation Act of N819.5 billion.
The letter read: “I write to request the approval of the House of Representatives for the amendment of the 2022 supplementary appropriation act in accordance with the attached.
“The request has become necessary in other to among other things source for funds necessary to provide palliatives to mitigate the effect of the recent removal of fuel subsidy on Nigerians.
“Thus the sum of N500 billion only has been extracted from the 2022 supplementary appropriation act of N819.536 billion for the provision of palliatives to Nigerians to cushion the effect of fuel subsidy removal. I hope that the House of Representatives will consider the request.”