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Subsidy: Reps to oversee palliative implementation

by Kazeem Owoseni
August 1, 2023
in Politics
Reading Time: 2 mins read
House of Representatives

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The House of Representatives on Tuesday, pledged to effectively oversee the implementation of palliative programmes, to ensure maximum benefits to Nigerians.

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This was disclosed in a statement issued by the spokesman for the House, Hon. Akin Rotimi, on Tuesday, August 1, 2023.

According to the News Agency of Nigeria, Rotimi in the statement issued following the nationwide broadcast by President Bola Tinubu commended the President for announcing palliatives aimed at alleviating the adverse economic effects resulting from the removal of fuel subsidy.

The statement which sympathized with Nigerians whom it noted had been distressed due to the long-time implementation of palliative measures, barely 3 months after the subsidy removal, expressed optimism that the policies and initiatives announced by the President would be expedited to bring succour to the people.

“I assure all Nigerians that the house will be alive to the constitutional obligation to effectively monitor all entities of government responsible for the deployment of the palliative measures.

“On our part in the House of Representatives, we will closely monitor every agency of government that will be involved in the implementation, to ensure speedy delivery, equitable distribution, and transparency,” the statement read.

It restated that on July 13, the House approved the request presented by Tinubu for the amendment of the 2022 Supplementary Appropriation Act.

It however added that the amendment was to extract N500 billion from the budget for palliatives to cushion the effect of the removal of fuel subsidy.

“The house commends Tinubu for his interventions in the manufacturing sector via support for small and medium scale enterprises.

“The house commends the plan to work with the state governments to invest in critical social and economic infrastructure and to deploy 3,000 commuter buses, amongst other measures.

“The integrated interventions would stimulate economic productivity, boost agriculture production, create jobs, and improve living conditions.

“The house also welcomes the planned upward review of the national minimum wage and will consider and approve once transmitted to the National Assembly by the presidency,” the statement added.

Tags: Akin RotimiFuel SubsidyHouse of RepresentativesPalliativePresident Bola Tinubu
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