The National Economic Council (NEC) has postponed its meeting initially slated for yesterday, with no official reason disclosed for the delay.
Chaired by Vice President Kashim Shettima, NEC holds a constitutional responsibility to advise the President on matters related to the nation’s economic management, particularly the harmonization of economic policies and planning across federal and state governments.
The Council’s membership includes the governors of all 36 states, the Governor of the Central Bank of Nigeria, and select senior government officials who are co-opted as necessary for broader economic deliberations.
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At its 149th meeting held in April, the National Economic Council endorsed the establishment of a Cotton, Textile, and Garment Development Board, alongside new strategies for agribusiness expansion and livestock transformation projects projected to generate up to $90 billion in economic value by 2035.
Although no official reason has been advanced for the postponment of yesterday’s planned meeting, a look at the roll call of governors attending the commissioning of projects in Kaduna State by President Bola Tinubu shows at least 11 governors were with President Bola Tinubu.