Reps Reject Amendment To Motion Seeking To Suspend Increase In Fuel Price
July 19, 2023
…Rejected motion to Set up Ad-hoc Committee to collate views on best palliative options
The House of Representatives have rejected an amendment to a motion seeking to suspend the recent increase in the pump price of petrol.
Members on Wednesday voted against the amendment after Deputy Speaker Benjamin Kalu who presided over plenary questioned if it was in the place of the House to take such a position since pump price is controlled by the market forces.
However, the House resolved to carry out an investigation to ascertain the veracity of the increment.
In another development, the House also rejected a motion to Set up an Ad-hoc Committee to collate the views of lawmakers, Civil Society Organisations, as well as the public, and engage the government on the selection of the best palliative options to cushion the effect of removal of fuel subsidy in Nigeria.
Honourable Dennis Agbo who moved the motion had said it would be best for nigerians to determine the best palliatives for them, just as he expressed concern about how little the proposed monthly cash handout of ₦8,000 can achieve for a selected household of five members under current potential inflationary pressure.