BREAKING: Osinbajo presides over National Economic Council
Vice
President Yemi Osinbajo is currently (Thursday) presiding over the monthly
National Economic Council (NEC) at the State House.
In a tweet
by Mr. Laolu Akande, the spokesperson to Prof. Osinbajo, NEC is the
constitutional body that advises the President on the coordination of the
economic affairs of the country. He n
He noted
that state governors, the Central Bank of Nigeria governor and some members of
the Federal Executive Council were in attendance.
“Vice
President Yemi Osinbajo is now presiding over the monthly National Economic
Council, NEC meeting with state governor, CBN governor and some members of the
FEC,” he tweeted. He added that, “NEC is the constitutional body that advises
the President on the coordination of economic affairs of the Nigerian
federation”. Vanguard reports that NEC under the leadership of Prof Osinbajo
between 2015 to April 2019 passed 173 resolutions in 38 meetings. Some of the resolutions
include the approval of $650 million seed funding as the Federal Government
established Presidential Infrastructure Development Fund. NEC also approved
Community Policing in Nigeria as well as synergy among security agencies in a
bid to improve intelligence gathering and end internal security crisis which
included kidnapping.
The Council
approved the National Transformation Livestock Plan (NLTP) which was launched
by the Vice President in Adamawa on September 10. NEC under Osinbajo’s
leadership approved Micro, Small and Medium Enterprises (MSME) clinics to help
MSME with loans, materials and to make the process of doing business easy.
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