The National Executive Council (NEC) on Thursday has unveiled new palliative measures for Nigerians to cushion the effect of subsidy removal.
The council proposed the implementation of a cash transfer programme for states based on their social registers and a cash reward policy for public servants for six months.
NEC also dumped the national social register under Muhammadu Buhari’s administration for lack of credibility.
The decision was reached on Thursday at a meeting held at the Council Chambers of the State House in Abuja.
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.
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.
Recall that Tinubu had unveiled his administration’s plan for a monthly N8,000 transfer to 12 million of the poorest households in the country for six months, in a bid to cushion the effects of the removal of fuel subsidy.
But days after the announcement, President Tinubu said his government will review the palliatives following the backlash it generated among Nigerians as hardships bite harder in the country.