The House of Representatives announced plans on Thursday to allocate the sum of N704.91 million naira to support vulnerable Nigerians affected by the economic hardship resulting from the removal of the petrol subsidy on December 31, 2024.
This amount will be submitted to President Tinubu.
On July 18, the House agreed to reduce their salaries by 50 percent for six months to address the challenges faced by ordinary Nigerians.
This decision followed a motion that was adopted during a plenary session.
During the plenary session on Thursday, the Speaker addressed his colleagues, stating, “About five months ago, we committed to contributing half of our salaries to address the critical needs of the Nigerian people. I am pleased to inform you that, so far, we have contributed N704,907,578.82 naira.
“On December 31, I will lead a delegation of leadership to hand over the money to the president for the exclusive use of the vulnerable Nigerians who really need it.
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“The contributions you made highlight the steadfastness and dedication of members to addressing the critical needs of Nigerians.”.
Following a motion by Deputy Speaker Benjamin Kalu, the House, in July, resolved to donate half of their salaries to meet the hunger need of Nigerians as part of efforts to stop the end bad governance protest.
While moving the motion, Kalu said, “This government is doing its best, but one year is not enough to address the challenges of this country. I want to plead with our colleagues to sacrifice 50 per cent for a period of six months.
“Our salary is N600,000 a month. I want to plead that we let go of 50 per cent of our salary for a period of six months.”
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