Towards cushioning the effect of fuel subsidy removal, the Nigerian government has announced a N5 billion palliative to each of the 36 states, and the Federal Capital Territory (FCT).
The Borno state governor, Babagana Zulum announced this during an interactive session with State House correspondents, after a long time statutory meeting of the National Economic Council (NEC) in Abuja on Thursday.
Zulum also highlighted some of the things that were discussed at the meeting.
The 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 the Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPCL), among others.
It was gathered that the meeting considered varying issues, including the Federation’s financial status, general issues, especially the deployment of palliatives aimed at cushioning the harsh effects of the fuel subsidy removal.
Among the 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).
Deputy governors of Katsina, Rivers, Yobe, Adamawa, Kano, and Kebbi also participated in the meeting.
More soon…
