Petroleum price hike: Makinde approves N10,000 allowance for civil servants

Governor Seyi Makinde of Oyo State has approved N10,000 monthly transportation support allowance for civil servants in the state.
Makinde announced this on Monday during the supervision of the YEAP-SAFER support disbursement and stakeholder engagement programme at the Fashola Agribusiness Hub in Oyo town.
He said the initiative would be implemented for an initial period of three months.
According to him, the payment of the N10,000 transport allowance will take effect from March.
The governor said that details of the disbursement guidelines would be communicated through appropriate government channels in due course.
Makinde said that the initiative was part of the state government’s strategic response to prevailing economic challenges, particularly the rising cost of transportation driven by the ongoing energy crisis.
According to him, the challenge had significantly affected workers’ welfare and productivity.
He said that the support scheme was aimed at easing the financial strain on civil servants while sustaining efficient service delivery across ministries, departments, and agencies.
On February 28, hostilities broke out involving Israel and USA against Iran and this had led to rise in the price of petroleum products on the international market.
In Nigeria, pump price of petrol sharply jumped from N860 per litre to between N1,320 and N1500 in filling stations.
The situation subsequently led to increase in transport fares and food items.