The Nigerian federal government has dished out sum of N5 billion palliative to each state of the federation, including the federal capital territory (FCT), to cushion the impact of the removal of the heartbreaking fuel subsidy.
This was made known by Governor Babagana Zulum of Borno state who addressed State House correspondents at the end of a national economic council (NEC) meeting today, 17th of August, 2023.
Kashim Shettima who’s the Vice President presided over the meeting at the state house.
Membership of NEC include 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. [CONTINUE READING HERE]>>>
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