Just in: Osinbajo Presides Over National Economic Council- Ekohotblog

– The monthly NEC has been presided over by Vice President Yemi Osinbajo at the State House, Abuja

– Laolu Akande, the spokesperson to the Osinbajo, made this known on Thursday, September 19

– Akande said NEC is the constitutional body that advises the President on the coordination of the economic affairs of the country

Vice President Yemi Osinbajo on Thursday, September 19, presided over the monthly National Economic Council (NEC) at the State House.

In a tweet by Laolu Akande, the spokesperson to the Osinbajo, NEC is the constitutional body that advises the President on the coordination of the economic affairs of the country.

He noted that governors, the Central Bank of Nigeria governor and some members of the Federal Executive Council were in attendance.

He twitted: “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.

“NEC is the constitutional body that advises the President on the coordination of economic affairs of the Nigerian federation.”

NEC under the leadership of Prof Osinbajo between 2015 to April 2019, passed 173 resolutions in 38 meetings

Some of the them 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.