President Bola Tinubu has charged the National Economic Council (NEC) to support his administration in transforming the economic Fortunes of the country.
The President who gave the charge when he inaugurated the council, headed by Vice President, Kashim Shettima at the chamber of the Presidential Villa Abuja, said the task of growing the nation’s economy is quite enormous adding that there is no excuse for failure.

The inauguration comes a week after he directed NEC to meet to come up with interventions to mitigate the effects of the petroleum subsidy removal. 

(cue in: Bola Tinubu 1) 

Our Correspondent, Raliat Adenekan reports that the President restated his administration’s commitment to delivering on its promises to Nigerians. 

(cue in: Tinubu)

The NEC meets monthly and is mandated 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 programmes of the various Governments of the Federation.

Membership of the NEC comprises the 36 State Governors and other co-opted Government officials and they are all in attendance. 

Others in attendance include 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, 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.