Subsidy removal: 36 states, FCT to receive 5bn naira palliative each
By Muhammadu Sabiu
To lessen the impact of eliminating the petrol subsidy, the federal government has promised a N5 billion palliative for each of the federation’s states, including the Federal Capital Territory.
Babagana Zulum, the governor of Borno State, made the announcement to reporters at the State House on Thursday after the National Economic Council meeting in Abuja. The meeting was presided over by Vice President Kashim Shettima.
The governors of the 36 states, the governor of the Central Bank of Nigeria, and other government officials who have been coopted make up the council.