FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal - Politics

FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal (25484 Views)

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FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Drupzempire(op): 5:36pm On Aug 17, 2023

Subsidy removal: FG announces N5bn palliative for each state

The federal government has announced a N5 billion palliative for each state of the federation, including the federal capital territory (FCT), to cushion the impact of the removal of the petrol subsidy.

Babagana Zulum, governor of Borno state, made the announcement in Abuja on Thursday, when he spoke to State House correspondents at the end of a national economic council (NEC) meeting.

Vice President Kashim Shettima presided over the meeting.

The council is made up of governors of the 36 states, the governor of the Central Bank of Nigeria (BN) and other coopted government officials.

https://www.thecable.ng/subsidy-removal-fg-announces-n5bn-palliative-for-each-state

At the conclusion of a national economic council (NEC) meeting in Abuja, Governor Babagana Zulum of Borno state revealed that the federal government has declared a palliative of N5 billion for each state in the federation, including the federal capital territory (FCT).

This initiative aims to alleviate the impact caused by the elimination of the petrol subsidy. Vice President Kashim Shettima chaired the meeting.

https://twitter.com/eonsintelligenc/status/1692221370246050228?t=cGeMOtysCFYVqCUj_5nn8w&s=08

16 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by iLoveYouToo(m): 5:38pm On Aug 17, 2023

FP stuff. OP find source and image to garnish am

2 Likes 1 Share

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by triple996(m): 5:42pm On Aug 17, 2023

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Parachoko: 5:44pm On Aug 17, 2023*

State Governors owing serving and retired civil servants should use part of the money to clear pensions, salaries and wages in their respective states

61 Likes 6 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Ayed44: 5:45pm On Aug 17, 2023

Parachoko:
State Governors owing serving and retired civil servants should use it to clear pensions, salaries and wages in their respective states

What happens to the people who are not civil servants?

239 Likes 14 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by YourMrBoo: 5:59pm On Aug 17, 2023

Can't they just map the money to revive some refineries and crash fuel importation killing the forex and inflating fuel price

219 Likes 12 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by commoditiesnig(m): 6:14pm On Aug 17, 2023

Drupzempire:
BREAKING: FG announces N5bn palliative for each state to address impact of subsidy removal

The federal government has announced a N5 billion palliative for each state of the federation, including the federal capital territory (FCT), to cushion the impact of the removal of the petrol subsidy.

Babagana Zulum, governor of Borno state, made the announcement in Abuja on Thursday when he spoke to State House correspondents at the end of a national economic council (NEC) meeting.

Vice President Kashim Shettima presided over the meeting.

The council is made up of governors of the 36 states, the governor of the Central Bank of Nigeria (BN) and other coopted government officials.

Good initiative

5 Likes 2 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by americanigga(m): 6:19pm On Aug 17, 2023

Good

2 Likes 3 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by sotall(m): 6:26pm On Aug 17, 2023

1 Like 1 Share

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by tunwumi: 6:27pm On Aug 17, 2023

Money for the boys

52 Likes 2 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by QuinModah(f): 6:27pm On Aug 17, 2023

1 Like 1 Share

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Bevista: 6:27pm On Aug 17, 2023

How much did NASS members (less than 500) get? I think around ₦110 billion. And a state with millions of residents gets ₦5 billion.

66 Likes 3 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Nobody: 6:27pm On Aug 17, 2023

Palliatives never a solution

45 Likes 4 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Spaxon(f): 6:27pm On Aug 17, 2023

something that governors will steal

102 Likes 5 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by MrCuteking(m): 6:27pm On Aug 17, 2023*

How many times will they tell you before you know that Nigeria is not for you? 😂

57 Likes 1 Share

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by kemiomobomi: 6:27pm On Aug 17, 2023

Some states will collect this money - from there - otilo - it is gone

25 Likes 2 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Nobody: 6:27pm On Aug 17, 2023

Governors will steal it. No wonder the federal govt bribed states to support this heartless fuel policy, so that they will bleed the masses both those who voted the evil and those who voted against. O b.j is d only civilian president we have had. Palliative isn't solution.its evil

46 Likes 3 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by cliqtips: 6:27pm On Aug 17, 2023

What's this rubbish na ?

The same way they embezzled the palliative relief packages they'll swallow this too and more.

The money they suppose use to fix the refinery.
Anyway, politicians no want this country to move forward

30 Likes 5 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Rayjnr: 6:27pm On Aug 17, 2023

Rubbish, for governors to embezzle

31 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by KillMNKnow(f): 6:27pm On Aug 17, 2023

He is paying them back for rigging the election... FG workers nko?

35 Likes 1 Share

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Emu4life(m): 6:27pm On Aug 17, 2023

Buhari Go, Buhari Come

Palliative is never the Solution

12 Likes 2 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by SALIMAN(m): 6:27pm On Aug 17, 2023

Money Dem don dey expect tey tey , he don finish already

12 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Mossadd: 6:27pm On Aug 17, 2023

4b go reach governor's hand,1b billion will be used to buy expire rice to share to the apc members In the state,the remaining 3b will be shared by governor and their cronies and that's how Nigeria money is been embezzled by those thieves in govt,Buhari embezzled billions of Nigeria through Trade money without anyone seeing anybody that knows somebody that collect the audio money. Nigeria is fuvked

8 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Fugazy2023: 6:27pm On Aug 17, 2023

Hold your governors accountable. No be everytime Tinubu Tinubu.
The governors know the attention is on the Federal and so they can do whatever they like. After all nobody will question them.

23 Likes 2 Shares

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by IMASTEX: 6:27pm On Aug 17, 2023

You mean, fg share money to the state politicians to enjoy while the masses continue to struggle to exist. This is just a change of looters. Only that the masses will benefit nothing unlike the subsidy regime that the people get at least cheaper fuel.

10 Likes 1 Share

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by seunlayi(m): 6:28pm On Aug 17, 2023

For embezzlement

7 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by RelevantSolutio(f): 6:28pm On Aug 17, 2023

Great Initiative.

We need our refineries to work now.

3 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by mariahAngel(f): 6:28pm On Aug 17, 2023

They've disbursed it amongst themselves ooo!
More funds to loot.
IconicR, what did you say you saw in your Asiwaju ooo?

9 Likes 1 Share

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by theophorus(m): 6:28pm On Aug 17, 2023

Palliatives wen dem don Palliate the Nigerian way already.

Money dey to go round but na Greediness dey disturb us.

6 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by Chuknovski(m): 6:28pm On Aug 17, 2023

mumu government, the governors now have pocket money, on the contrary I hope it goes well for citizens

3 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by BoldBrainz(m): 6:28pm On Aug 17, 2023

Apart from Babagana Zulum of Borno State and Ademola Jackson Adeleke of Osun state, the rest of the governors are already pricing houses in Saudi Arabia, London and the US as we speak.. huh

11 Likes

Re: FG Allocates ₦5 Billion To 36 States & FCT As Palliative For Subsidy removal by ivolt: 6:28pm On Aug 17, 2023

YourMrBoo:
Can't they just map the money to revive some refineries and crash fuel importation killing the forex and inflating fuel price

This one has been cajoled.
Forex crisis is a crisis of earnings, not importation.

2 Likes

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