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    Home - Subsidy Removal: FG Gives N5bn To Each State As Palliatives

    Subsidy Removal: FG Gives N5bn To Each State As Palliatives

    By Abdullahi Maitama SaniAugust 17, 2023
    Tinubu Meeting

    The Federal Government has approved N5bn for each state to enable them to procure food items for distribution to the poor in their respective states.

    BORNO PATRIOTS

    Governor Babagana Zulum of Borno State disclosed this at the Presidential Villa, Abuja, shortly after the National Economic Council (NEC) meeting.

    Thursday’s development comes in the wake of the hike in the cost of food items, and petroleum owing to the removal of subsidy on the commodity.

    According to him, the Federal Government also released five trucks of rice each to the 36 state governors.

    Explaining further, Governor Zulum said the state governors are to procure 100,000 bags of rice, 40,000 bags of maize, and fertilizers.

    Membership of NEC includes the governors of the 36 states of the federation, Ministers of Federal Capital Territory (FCT) and Finance, Governor of the Central Bank of Nigeria (CBN), and Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPCL) among others.

    This newspaper reports that the meeting considered varying issues, including the Federation’s financial status, general issues, especially but the deployment of palliatives aimed at cushioning the harsh effects of the fuel subsidy removal.

    Happy Birthday

    Among governors who attended the meeting were Abdulrahman Abdulrazak (Kwara), Hope Uzodinma (Imo), Inuwa Yahya (Gombe) Dauda Lawal (Zamfara), Dr. Alex Otti (Abia), Babajide Sanwo-Olu (Lagos) and Ademola Adeleke (Osun).

    Others were Senator Bala Mohammed (Bauchi), Senator Uba Sani(Kaduna), Sheriff Obrevwori (Delta), Prof. Charles Soludo (Anambra), Godwin Obaseki (Edo), Yahaya Bello (Kogi), Umaru Namadi (Jigawa),
    Also at the meeting are 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), Peter Mbah (Enugu), Process Babagana Zulum (Borno).

    Nigerian TAX Reform - Federal Goverment

    Deputy governors of Katsina, Rivers, Yobe, Adamawa, Kano, Kebbi are also participating in the meeting.

    Rano Capital

    National Orientation Agency Page UP
    FG N5bn Palliatives States
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