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President Bola Tinubu,in a bid to cushion the effects of fuel subsidy removal,  has announced a N5 billion palliative for each state of the federation, including the federal capital territory (FCT).

The governor of Borno state, Babagana Zulum, 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 co-opted government officials.

Details later…

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