Here we will update you on latest update about Tinubu Subsidy Palliative to cushion effect of subsidy removal as Federal Government has announced a N5bn palliative for each state of the federation, including the Federal Capital Territory to cushion the impact of the removal of the petrol subsidy.
Borno state governor, Babagana Zulum, who announced the package in Abuja on Thursday shortly after the National Economic Council (NEC) meeting, said each state will receive N5 billion.
To cushion the economic hardship facing Nigerians as a result of fuel subsidy removal, the Nigerian government says it will share N185 billion to 36 states and the federal capital territory (FCT) as palliative.
The governor of Borno State, Babagana Zulum, made the announcement in Abuja on Thursday when he spoke to State House correspondents at the end of a National Economic Council meeting.
The council is made up of the governors of the 36 states, governor of the Central Bank of Nigeria and other coopted government officials.
More information coming afterward