Nigeria’s Federal Government has, in a bid to cushion the effects of fuel subsidy removal, announced a N5 billion palliative for each state of the federation, including the federal capital territory (FCT).
Borno State governor, Babagana Zulum, made the announcement in Abuja on Thursday when he spoke to State House correspondents at the end of a national economic council (NEC) meeting.
Vice President Kashim Shettima presided over the meeting.
The council is made up of governors of the 36 states, the governor of the Central Bank of Nigeria (BN) and other coopted government officials.
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