BREAKING!!! Federal Government Allocates N5bn to Each State to Offset Petrol Subsidy Removal Impact

The Federal Government has declared a N5bn relief for every state, including the Federal Capital Territory, to mitigate the effects of the petrol subsidy removal.

Borno State’s governor, Babagana Zulum, conveyed this decision in Abuja on Thursday, addressing the State House journalists after the conclusion of a National Economic Council gathering.

The meeting was chaired by Vice President Kashim Shettima.

The council comprises the governors from all 36 states, the Central Bank of Nigeria’s governor, and other selected government representatives.

More details to follow………