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News

Subsidy Removal: NEC Decides On Palliative Measures For Nigerians

written by olarotimi July 21, 2023
Subsidy Removal: NEC Decides On Palliative Measures For Nigerians

Following the removal of the petrol subsidy and the recent hike in petrol prices to up to N617/litre, the National Executive Council (NEC) has agreed on palliative measures for Nigerians.

The meeting, which was chaired by Vice President Kashim Shettima, has in attendance governors of the 36 states of the Federation, the Director General of the Nigerian Governors’ Forum, as well as stakeholders from the World Bank and other agencies of government.

NEC also considered integrity tests on state social registers, cash transfers would be done via state social registers subject to state peculiarities.

During the meeting, government officials were urged to reduce the cost of governance in their various spheres. This is even as the Federal Government initiated a six-month cash award policy for public servants.

 

 

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