VP Shettima presides over crucial NEC meeting

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Vice President Kashim Shettima on Thursday presided over a meeting of the National Economic Council (NEC) at the Council Chambers of the Presidential Villa in Abuja.

The NEC consists of the 36 state governors, finance ministers, the Central Bank of Nigeria (CBN) Governor, and Mele Kyari, Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPCL).

Established by the Nigerian Constitution, NEC operates under Section 153(1) and Paragraphs 18 & 19 of Part I of the Third Schedule.

The council’s core mandate revolves around advising the President on the nation’s economic affairs, specifically focusing on coordinating financial planning efforts among the various tiers of government.

Governors from states, including Kaduna, Bauchi, Ogun, Bayelsa, Kwara, Kogi, Jigawa, and several deputy governors were in attendance.

The meeting’s agenda and outcomes are not yet disclosed, but sources said the meeting was convened to deliberate on crucial economic matters