A committee set up by the national economic council (NEC) is expected to review suggestions from the salary and wages commission to address the impact of the removal of the fuel subsidy.
June 15, 2023 9:32 PMThe national economic council has set up a committee to review recommendations by the National Salaries and Wages Commission to cushion the impact of the removal of the petrol subsidy.
The committee which comprises governors from each geo-political zone is chaired by Nasir Idris, governor of Kebbi. the NEC to kickstart the process of working on interventions to ameliorate the impact of the subsidy removal on the people. “As you are aware, the NG-Cares programme is a programme that started in 2021 running up to 2024. And then is to provide some emergency on palliatives, social needs on so many issues ranging from small farmers holders, MSMEs and other interventions,” he said.“It’s a $750 million from the World Bank-assisted funds and it commenced a long time ago.
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