Vice President Yemi Osinbajo is currently presiding over the National Economic Council NEC meeting at the Presidential Villa, Abuja, where a good number of state governors are in attendance.
Before the meeting kicked off, Osinbajo launched the Nigeria COVID-19 Action Recovery and Economic Stimulus NG-CARES Program.
The program is being funded under the World Bank N750million loan.
As at the time of filing this brief report, there are strong indications that the meeting would deliberate on the contentious issue of fuel subsidy.
This online medium reliably gathered that most of the state governors who are members of NEC are not favourably disposed to the situation where deductions are made from their federal allocations, which goes into subsidising fuel products for the populace.
Osinbajo serves as chairman of the National Economic Council while the 36 state governors are members, including the FCT Minister, Mohammed Bello, the Minister of Budget and National Planning, Zainab Ahmed among other key agencies of government.
Meanwhile, at the federal level, the government appears to be at crossroads in taking concrete decisions on fuel subsidy removal owing to economic constraints.
More details later…
A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…
IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…
NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…
Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…
Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…
– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…
