Kehinde Fajobi
The House of Representatives has announced plans to present ₦704.91 million to President Bola Tinubu on December 31, 2024.
The funds, contributed by members, are aimed at supporting vulnerable Nigerians affected by economic hardships following the removal of the petrol subsidy.
During Thursday’s plenary, Speaker Tajudeen Abba confirmed the initiative, which began in July when the House resolved to slash 50% of their salaries for six months to address pressing challenges.
“If you recall, about five months ago, we decided to contribute half of our salaries to address the critical needs of the Nigerian people,” Abba stated.
“I am happy to inform you that so far, we have contributed ₦704,907,578.82.
“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.
“The contributions you made highlight the steadfastness and dedication of members to addressing the critical needs of Nigerians.”
The initiative followed a motion by Deputy Speaker Benjamin Kalu in July, urging members to sacrifice half of their ₦600,000 monthly salaries to support Nigerians.
“This government is doing its best, but one year is not enough to address the challenges of this country,” Kalu had said.
“I want to plead with our colleagues to sacrifice 50% for a period of six months.”