President Bola Tinubu, on Thursday, inaugurated the National Economic Council (NEC), headed by Vice-president Kashim Shettima.
The inauguration came a week after he directed NEC to meet to come up with interventions to mitigate the effects of the removal of petroleum subsidy.
The president charged the council to support his administration in transforming the economic fortunes of the country.
He said the task of growing the nation’s economy was quite enomous, adding that there must be no excuse for failure.
He restated his administration’s commitment to delivering on its promises to Nigerians.
After the inauguration, the council immediately launched into its inaugural meeting.
The NEC meets monthly and has the mandate to “advise the President concerning the economic affairs of the Federation, and in particular on measures necessary for the coordination of the economic planning efforts or economic programmes of the various Governments of the Federation.”
Membership of the NEC comprises the 36 State Governors, the Governor of the Central Bank of Nigeria and other co-opted Government officials.
Those in attendance as of the time the meeting commenced were Kwara, Abdulrahman Abdulrazaq, Osun, Ademola Adeleke, Kogi, Yahaya Bello, Ekiti, Biodun Oyebanji, Nasarawa, Abdullahi Sule, Akwa Ibom, Umo Eno and Enugu, Peter Mbah Cross River, Bassey Otu, Plateau, Caleb Muftwang, Kebbi, Nasir Idris, Katsina, Aliyu Radda and Benue Hycinth Alia.
Others were Zamfara governor, Dauda Lawal, Ogun governor, Dapo Abiodun, Anambra governor, Charles Soludo, Yobe governor, Mai Mala Buni, Taraba governor, Agbu Kefas, Gombe governor, Delta governor, Sheriff Oborevwori, Rivers, Siminalayi Fubara, Niger governor Mohammed Bago and Sokoto governor, Ahmad Aliyu.
Others were Ebonyi, Francis Nwifuru, Kaduna, Uba Sani, Edo, Godwin Obaseki, Abia, Alex Otti, Bayelsa, Douye Diri, Kano, Abba Yusuf, Bauchi, Bala Mohammed, Oyo, Seyi Makinde and Borno State Deputy Governor, Umar Kadafur and Deputy Governor of Ondo, Lucky Ayedatiwa
The Secretary to the Government of the Federation, George Akume, Chief of Staff, Femi Gbajabiamila, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, Acting Accountant General of the Federation, Oluwatoyin Madein, Acting Governor of Central Bank, Folashodun Shonubi, Permanent Secretaries Budget and National Planning, Federal Capital Territory Administration, and State House.
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