As part of measures to cushion the effect of the removal of subsidies on petrol, Nigeria’s federal government has announced a N5 billion palliative for each state of the federation, including the federal capital territory (FCT).
This was disclosed by the Borno State governor, Babagana Zulum when he spoke to State House correspondents at the end of a national economic council (NEC) meeting in Abuja on Thursday.
The meeting was presided over by Vice President Kashim Shettima.
The meeting was attended by governors Abdulrahman Abdulrazak (Kwara), Hope Uzodinma (Imo), Inuwa Yahya (Gombe) Dauda Lawal (Zamfara), Alex Otti (Abia), Babajide Sanwo-Olu (Lagos) and Ademola Adeleke (Osun).
Others were Bala Mohammed (Bauchi), Uba Sani (Kaduna), Sheriff Obrevwori (Delta), Prof. Charles Soludo (Anambra), Godwin Obaseki (Edo), Yahaya Bello (Kogi) and Umaru Namadi (Jigawa).
The Federal Government on Thursday announced a N5 billion palliative for each state in the country and the Federal Capital Territory (FCT) to cushion the effects of the fuel subsidy removal.
READ ALSO: Subsidy: FG To Give ₦75bn To 75 Companies To Boost Production – Tinubu
The Borno State Governor, Babagana Zulum, disclosed this to State House correspondents at the end of the National Economic Council (FEC) meeting presided over by Vice President Kashim Shettima in Abuja.
The meeting was attended by governors Abdulrahman Abdulrazak (Kwara), Hope Uzodinma (Imo), Inuwa Yahya (Gombe) Dauda Lawal (Zamfara), Alex Otti (Abia), Babajide Sanwo-Olu (Lagos) and Ademola Adeleke (Osun).
Others were Bala Mohammed (Bauchi), Uba Sani (Kaduna), Sheriff Obrevwori (Delta), Prof. Charles Soludo (Anambra), Godwin Obaseki (Edo), Yahaya Bello (Kogi) and Umaru Namadi (Jigawa).
READ ALSO: Fuel subsidy: Nigerian govt, labour resume meeting on palliatives, NLC president absent
Also at the meeting were Umo Eno (Akwa Ibom), Prince Bassey Otu (Cross River), Lucky Aiyedatiwa (Ondo State acting governor), Dapo Abiodun (Ogun), Ahmad Aliu (Sokoto), Agbu Kefas (Taraba), Abdullahi Sule (Nasarawa) and Peter Mbah (Enugu).
Recall that the Federal Government had in June announced its plans to disburse N8,000 to 12 million poor Nigerian households for six months to help cushion the effect of the petrol subsidy removal.
However, following the reactions from different quarters across the country, including organised labour, the government decided to review the palliative package.
Support Investigative Journalism and Mentorship
Courageous Journalism of Truth,Transparency and Development is in the DNA of Prime Business Africa; By donating as little as N1000 or $1 today, you are helping to keep credible journalism and life-changing information free for all.
