The House of Representatives has requested the new administration to supply palliatives to mitigate the impact of the petroleum subsidy elimination on Nigerians.
The decision was contained in a report submitted by a committee arrange final yr to research subsidy.
The committee’s report was thought-about and authorized on Thursday by the Committee of the Whole.
One of the suggestions adopted by the House is the procurement of CNG buses, which use gasoline as an alternative of petroleum.
“The Federal Government ought to instantly design measures and palliatives to cushion the results of the subsidy elimination for Nigerians efficient from this yr 2023 by way of the availability and procurement of CNG buses in its place transport system with cheaper gas consumption.
“The government should also introduce an intermodal, regional and national transport system to ease the mass movement of people across the country.”
It can be recalled that the declaration of the tip of subsidies by President Bola Tinubu has led to a rise within the pump value of PMS throughout the nation.
Transportation operators have additionally elevated their fares as a result of newest growth.