BREAKING: President Tinubu Announces N5bn Palliative for Each State, Details Emerge

BREAKING: President Tinubu Announces N5bn Palliative for Each State, Details Emerge

  • The federal government has announced N5 billion palliatives for each state of the 36 states including the FCT
  • The N5 billion palliative is to measure to cushion the effect of fuel subsidy removal on the people
  • Borno state governor, Babagana Zulum, announced this while speaking with newsmen at the State House, Abuja

State House, Abuja - The government of President Bola Ahmed Tinubu has announced N5 billion palliatives for each state of the federation, including the federal capital territory (FCT).

The N5 billion palliatives are to cushion the effect of petrol subsidy removal on Nigerians, TheCable reported

FG announces N5bn palliative for each state over subsidy removal
FG announces N5bn palliative for each state over subsidy removal Photo Credit: Asiwaju Bola Ahmed Tinubu
Source: Facebook

Borno state governor, Babagana Zulum, disclosed this at the end of a national economic council (NEC) meeting on Thursday, August 17 in Abuja.

The NEC meeting was presided over by Vice President Kashim Shettima at the State House, Abuja.

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The economic council comprises 36 state governors, the Central Bank of Nigeria (CBN) governor and other government officials.

Subsidy removal: President Tinubu’s palliative committee gives fresh update

Meanwhile, Legit.ng reported that the Palliative Committee on Subsidy Removal set up by President Bola Ahmed Tinubu met on Saturday, July 15 in Abuja.

Governors Bala Mohammed of Bauchi, Charles Soludo of Anambra, Uba Sani of Kaduna and Hyacindu Alia of Benue, as well as representatives of the Organised Labour and Civil Society Organisations, were in attendance at the meeting.

House of Reps: Tinubu’s N500bn request for palliatives approved

The House of Representatives has given President Bola Ahmed Tinubu the nod to amend the 2022 appropriation act.

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The green chamber also approved President Tinubu's request for the sum of N500 billion for palliatives to Nigerians to reduce the hardship caused by subsidy removal.

Fuel Subsidy Removal: List of states that have provided palliatives for workers, Residents

In an attempt to cushion the effect of petrol subsidy removal, some states have taken measures to mitigate the effect on workers.

Some states like Kwara, Ogun, Oyo and Edo states have announced some palliatives programmes for workers and residents of their states.

President Tinubu announces fresh palliative for Nigerian students

President Bola Tinubu has announced fresh palliative for Nigerian students across federal institutions in the country.

This was disclosed in a tweet by the Presidency on Monday, July 31, stating that President Tinubu has approved the distribution of busses to bodies of all Universities, Polytechnics and Colleges of Education across the country.

Source: Legit.ng

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