Tinubu Approves N5b Palliative For 36 States, FCT

President Bola Ahmed Tinubu

The Federal Government has approved N5 billion palliative for the 36 states of federation and the Federal Capital Territory (FCT), to help reduce the impact of the removal of the petrol subsidy.

Governor Babagana Zulum of Borno disclosed this to State House correspondents at the end of a national economic council (NEC) meeting held on Thursday.

Vice President Kashim Shettima presided over the meeting.

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.

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