In a move aimed at mitigating the effects of subsidy removal, President Bola Tinubu has reportedly sought the approval of the Representatives for N500billion as a palliative measure.

President Tinubu recognizes the importance of providing immediate assistance to Nigerian citizens affected by the subsidy removal.

The proposed relief package, if approved, will be utilized to implement various measures aimed at mitigating the economic repercussions of subsidy removal. It is designed to support vulnerable populations, boost job creation, stimulate economic growth, and facilitate the smooth transition towards a subsidy-free system.

President Bola Ahmed Tinubu, by seeking approval for this significant funding, has demonstrated his commitment is determined to provide timely assistance, restore economic stability, and foster inclusive growth for the benefit of all Nigerians.