President Muhammadu Buhari has written the Senate, seeking approval of a supplementary budget of N2.557trn to cover subsidy on petroleum products from June to December 2022. Platforms Africa reports that President Buhari’s letter was read on Tuesday during plenary by the President of the Senate, Senator Ahmad Lawan. The amount approved for subsidy on Petroleum products from January to June was N443 billion and with the present request, the total amount stands at N3 trillion. Indications that the President would submit the supplementary budget emerged on Tuesday, January 25, when…
Read MoreWe Need N2.557trn For Fuel Subsidy in 6 Months, Buhari writes Senate
