national economic council

  1. Nigeria Business News

    Business Nigerian workers are biggest losers in FG’s plan to raid pension funds for N2trn – Businessday NG

    Nigerian pensioners will be lending to the government at an interest rate well below inflation rate if the Federal government does dip its hands into pension funds. At the end of the National Economic Council (NEC) meeting last week, the council disclosed that the Federal Government had...
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    $650m Capital Injection Raises Nigeria’s Savings in SWF to $2.15bn – Thisdaylive

    Following the approval by the National Economic Council for a fresh cash injection of $650m (N198.25 billion) into the Nigerian Sovereign Investment Authority (NSIA), managers of the Sovereign Wealth Fund (SWF), Nigeria’s savings in the fund since its establishment … Read more via...
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    Politics 9 Key Highlights From December's NEC Meeting Presided Over By Osinbajo

    Below are highlights of December 14th, 2017 Monthly National Economic Council (NEC) Meeting, presided over by Vice President Yemi Osinbajo: - A full report of the Forensic Audit will be ready by January 2018- Forensic Audit Committee Chairman - The balance in the Natural Resources Development...
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    Politics FG Releases N3.5bn For Vaccination Programme

    The National Economic Council, NEC, on Thursday announced that the sum of N3.5 billion has been released for vaccination programme against communicable diseases. The government also said that vaccination campaign for measles in the 17 states in the Southern part of the country has been fixed to...
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    Politics Osinbajo, Governors, Others Hold NEC Meeting At Statehouse

    Acting President, Prof. Yemi Osinbajo will presideover the monthly National Economic Council (NEC) meeting at the State House today. Details soon
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    Business Naira-Dollar Crisis: 7 Different Exchange Rates In Nigeria

    In a bid to sustain the tempo of foreign exchange (FX) supply to the interbank FX market and ensure improved dollar liquidity, the Central Bank of Nigeria (CBN) has been intervening at the substantially on the markets. The Central Bank of Nigeria, CBN, had in February 2017, released a new...
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    Politics NEC Meeting: 7 Things State Governors Discussed With Osinbajo

    Vice President Prof. Yemi Osinbajo presided over the monthly National Economic Council (NEC) meeting; as well as the Presidential Task Force on Polio Eradication on Thursday. The meeting was held at the Presidential villa, Abuja. The following are highlights from the NEC Meeting: 1...
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    Politics Buhari To Crack Down On Cattle Rustlers

    President Muhammadu Buhari-led Federal Government is set to go tough on crush cattle rustlers and militant groups across Nigeria. The resolution forms part of the outcome of the meeting of the National Economic Council (NEC), which held on Thursday at the Presidential Villa, Abuja, under...
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    Politics Osinbajo Meets State Governors at Aso Rock

    Vice President Yemi Osinbajo is currently meeting with state governors at the Aso Rock Presidential Villa in Abuja. The governors stormed the Presidential villa for the National Economic Council (NEC) meeting on Thursday. Details soon...
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    Business CBN Bows To Pressure, Announces New Forex Policy

    The Central Bank of Nigeria, CBN may have bowed to pressure by releasing a new foreign exchange policy in the country with immediate effect. Although details still skeptical but Premium Times said the new policy is coming after the National Economic Council, NEC, urged for immediate review to...
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    Politics FG Appoints 6 Board Members For NSIA [See LIST]

    The National Economic Council (NEC) held Thursday in Abuja unanimously approved the nomination of six Nigerians for the Nigerian Sovereign Investment Authority. The body also approved the injection of a fresh $250 million capital into the Sovereign Wealth Fund. The meeting which lasted for four...
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    Politics Osinbajo, State Governors in NEC Meeting

    Vice President Yemi Osinbajo is currently presiding over National Economic Council (NEC) meeting at the Aso Rock Presidential Villa in Abuja. In attendance are state governors and some ministers.
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    Business Nigeria Will Experience Bumper Harvest This Year, Low Food Prices – NEC

    The National Economic Council (NEC), on Tuesday in Abuja, expressed optimism that the nation would experience bumper harvest this year which would force down the prices of foodstuff. Governor Rochas Okorocha of Imo, spoke at a joint news briefing with Governor Adams Oshiomhole of Edo and...
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    Politics Osinbajo, State Governors In NEC Meeting

    Vice-President Yemi Osinbajo is currently presiding over a meeting of the National Economic Council. The meeting is holding inside the Council Chambers of the Presidential Villa, Abuja. State governors and some deputy governors are attending the meeting. Details soon
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    Politics National Economic Council Approves FG's Plan To Sell Assets

    The National Economic Council has approved a federal government plan to sell some national assets and inject the proceeds into the economy. This drastic step is aimed at tackling the current economic recession, a statement from the office of the Vice President, Yemi Osinbajo, said yesterday...
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    Politics Fayose Attends Economic Council Meeting in Aso Rock

    Ayodele Fayose, governor of Ekiti stateon Thursday attended the National Economic Summit at the presidential villa in Abuja, at a time President Muhammadu Buhari is in the US for the United Nations General Assembly. A staunch critic of Buhari, Fayose is attending the national economic council...
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    Business Finance Minister, Adeosun Reveals Excess Crude Account Balance For June

    The Minister of Finance, Mrs Kemi Adeosun, told the National Economic Council (NEC) yesterday that the Excess Crude Account stood at $3.93bn as at July 20, 2016. The account was $2.259bn in May. - Excess Crude Account Balance For May Adeosun, also said that the Federal Account Allocation...