The President, Muhammadu Buhari, transmitted the 2022
Appropriation Act (Amendment) Bill to the National Assembly.
Speaker of the House of Representatives, Femi Gbajabiamila,
announced transmission of the Federal Government’s supplementary budget at the
opening of plenary on Tuesday.
Though Gbajabiamila did not read out the content of the
six-page executive bill, it is expected to contain a provision for the payment
of subsidy on Premium Motor Spirit, popularly called petrol, for an additional
18 months.
The government had made a U-turn on its plan to end the
subsidy regime in June.
Details later…
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