The National Economic Council, on Thursday, in Abuja, said it considered recommendations from the National Salaries Income and Wages Commission to pay N702bn as cost of living allowance to civil servants as part of intervention plans to mitigate the effects of the discontinuance of petroleum subsidy as announced on May 29, 2023. ⁣
⁣
The Governor of Bauchi State, Bala Mohammed, disclosed this to State House Correspondents shortly after the inaugural National Economic Council meeting at the Aso Rock Presidential Villa on Thursday. ⁣
⁣
Mohammed also revealed that the intervention includes a recommended sum ranging from N23.5bn to N45bn per month as a petroleum allowance for civil servants. ⁣
⁣
Thursday’s announcement comes barely two weeks after President Bola Tinubu directed the governors to concretise various palliative structures to ease the attendant hardship from the petrol subsidy discontinuance. ⁣
⁣
According to him, “The NEC had received recommendations on the various ways and means that the country can use whatever increases that we have in the revenue to mitigate the impact that this is going to make on the lives of our workers. ⁣
⁣
“And so they recommended that there should be a consequential adjustment, estimated at N702.92bn as part of the allowances that should be given as petroleum allowance to all workers and as well as a N23 or N25bn monthly offer to cushion the effect on workers.” ⁣
⁣
The returning governor said the council received other suggestions to review salaries and wages.⁣
⁣
“In addition to the palliative, the government looked at all the issues, challenges and problems holistically and set up a small committee of the council to review and come up with a term of reference to organise areas specifically where this palliative can come from and how it will be dispensed to alleviate the problem of workers and other vulnerable groups,” Mohammed explained.⁣
⁣
Members of the committee include the Governor of Kebbi State as Chairman; Anambra representing the South-East geopolitical zone; Governor of Benue, North-Central; Governor of Kaduna, North-West; Governor of Cross River, South-South; Oyo, South-West; and the Bauchi State Governor representing the North-East.⁣
⁣
“Other relevant agencies in the committee are the Budget Office, representatives of the Central Bank of Nigeria, Office of the Attorney-General of the Federation, Nigerian National Petroleum Company Limited, Trade Union Congress of Nigeria and the Nigeria Labour Congress and Rukayat El-Rufai.⁣
⁣
“We will sit within two weeks to come up with a recommendation to NEC for a holistic decision that will be taken immediately to alleviate the problem that is being encountered by the removal of the subsidy,” the Bauchi Governor explained. ⁣
⁣
He said the input of the committee on palliatives earlier set up and headed by former Vice President Yemi Osinbajo would not be discarded but integrated into the ongoing process.⁣

Source: https://punchng.com/subsidy-nec-considers-n702bn-civil-servants%E2%81%A3-allowance-recommendations/

Gbamabsoltely

What about private sectors?

Tinubu should have a human face and stop this smoke screen policies.

The way and manner he removed subsidy was draculian and very typical of a mean dictator without a heart.

Even if it was removed by Buhari, he would have used his executive powers to give it a human face.

All these bills he is signing are for pong term effects If well implemented but the question is what is he doing to allevate the current hardship caused by removal subsidy the way he did.


Before you all begin to rant... Please read exactly what TINUBU HIMSELF SAID IN 2012.

11th January, 2012

Asiwaju Bola Tinubu, Action Congress of Nigeria (ACN) national leader and former governor of Lagos State, has accused the Jonathan presidency of betraying its social contract with the people by suddenly removing fuel subsidy.

He, however, provided a window out of the crisis: if subsidy must be removed at all, it must never be at one fell swoop. Rather it must be on calibrated phrases, on which the promised gains are measured and confirmed before moving to the next phase of removal.*

“Government must modify the sudden and complete removal of the subsidy. Either we restore the subsidy or use the funds for other social purposes,” Asiwaju Tinubu counselled in a special release he captioned, ‘Removal of oil subsidy – President Jonathan breaks social contract with the people’ and which he personally signed.

“If we are to use the funds for other programmes, these programmes shall be placed on parallel track with the subsidy. As more of these programmes are ready to go on line, then the subsidy can be lifted in phases” he continued. “In this way, the public is assured government will not lower its total expenditure on their behalf, thus maintaining the spirit central to the social contract.”

But the former governor cautioned the federal government against economic policies that tend to balance the books at the detriment of the people’s welfare.
“As there is progressive politics, there is progressive economics. As there is elitist politics, there is elitist economics,”

Asiwaju Tinubu explained. “It all depends on what and who in society government would rather favour. The Jonathan tax,” he declared, “represents a new standard in elitism.”
But the ACN national leader cautioned the president against being captive to economic orthodoxy and its local purveyors, who always look at the Nigerian economy as nothing until when tied to the apron strings of the conservative orthodoxy.
“Because he is slave to wrong-headed economics,” Asiwaju Tinubu said of President Goodluck Jonathan, “the people will become enslaved to greater misery.

This crisis will bear his name and will be his legacy. The people now pay a steep tax for voting him into office. The removal of the subsidy is the ‘Jonathan tax’,” he insisted.

“The situation shows that ideas count more than personalities. People may occupy office but how that person performs depends on the ideas that occupy his mind.”

Insisting that the subsidy removal was ill-timed, he said there must be some conditions precedent before such a step could be taken.

“First government needs to clean up and throw away the salad of corruption in the NNPC [Nigerian National Petroleum Corporation]. Then, proceed to lay the foundation for a mass transit system in the railways and road network with long term bonds and,” he added, “fully develop the energy sector towards revitalising Nigeria’s economy and easing the burden any subsidy removal may have on the people.”

The former governor however counselled protesters to go about the protests in a peaceful manner, and to eschew all forms of violence."

So what happened? Why did he suddenly go against his very own road map?

Can we attribute this to old age or power intoxication?

Sharing to few after taking from all.

It's well

If petrol subsidy removal is good, why are they giving petroleum allowance?

This is just another format of subsidy that is given to a particular set of people.

What happens to the rest of Nigerians that are not civil servants?

CodeTemplar:
Sharing to few after taking from all.

At all at all na im bad pass