Borno Govt Subsidizes Petrol To ₦600 Per Litres

 

In an effort to ease the economic burden on its residents, the Borno State government has announced a petrol subsidy, reducing the price of fuel to ₦600 per litre. This move comes amid rising petrol prices across the country and aims to provide some relief to citizens in the region, particularly as many have struggled with soaring living costs.

Governor Babagana Zulum made the announcement during a press briefing, stating that the decision was part of the government’s broader strategy to support the welfare of the people in the state. The subsidy is expected to lower the impact of high fuel costs on transportation and other essential services, which have been affected by price hikes.

This initiative has been met with mixed reactions, with some praising the government for its proactive steps to alleviate the financial strain, while others question the long-term sustainability of the subsidy given the country’s fiscal challenges. Nonetheless, the move reflects a growing trend among local governments in Nigeria to find solutions to the rising cost of living, even as federal policies continue to evolve.