After removing the petrol subsidy and implementing a recent petrol price hike of up to N617/liter, the National Executive Council (NEC) has agreed to implement palliative measures for Nigerian citizens. The decision was made during a meeting chaired by Vice President Kashim Shettima at the Council Chambers of the State House in Abuja on Thursday.
The meeting was attended by governors from all 36 states of the Federation, the Director General of the Nigerian Governors’ Forum, and representatives from the World Bank and other government agencies.
As part of the palliative measures, the NEC discussed conducting integrity tests on state social registers and agreed to carry out cash transfers through state social registers, considering each state’s specific needs.
During the meeting, government officials were encouraged to reduce the cost of governance in their respective domains. Additionally, the Federal Government introduced a six-month cash award policy for public servants.
To further support the citizens, state governments distribute food items such as grains and fertilizers at the rates obtained from the National Emergency Management Agency (NEMA). Moreover, states are urged to focus on energy transition plans in the transport sector.
This marks the second meeting of the Council, where discussions centered on the revised palliative package for Nigerians in response to the removal of the petrol subsidy and fuel price hike.
Earlier, President Bola Tinubu had announced a monthly N8,000 transfer to 12 million of the poorest households in the country for six months to mitigate the effects of the fuel subsidy removal. The plan was presented in a letter read on the floor of the House of Representatives concerning the $800 million loan request for a social safety net program from the previous Muhammadu Buhari administration.
However, due to the backlash from Nigerians, the Federal Government decided to review the plan shortly after its announcement.