President Ahmed Bola Tinubu transmitted a letter to the National Assembly requesting for approval for an $800million World Bank Loan which is over N600billion (N621,632,000,000). According to the President; N500 billion ($645million) of that money would be distributed in six months at N8,000 to N12,000 every month to poor Nigerian households to cushion the effects of the removal of subsidy on petrol which has made life more difficult for millions of people across the country as prices of good and services skyrocket. The approval for the World Bank loan has already been granted by the National Assembly (both lower and upper chambers). Mr. I.D. OKETA Organized labour groups: Nigeria Labour Congress and (NLC) and Trade Union Congress (TUC) have protested the President's mode of palliative; demanding instead a 300% pay rise for workers. They maintained that N500 billion is not enough for 125 million poor Nigerians affected by deregulation and subsidy removal and hence the best thing ...