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National Economic Council

17 Dec 2018
Governors elected on the platform of Peoples Democratic Party (PDP) in South-East geo-political zone have resolved to adopt cautious support for the party’s presidential standard bearer, Alhaji Atiku Abubakar.    A source close to one of the three PDP governors confided in The Guardian that even before the meeting with President Muhammadu Buhari as part…
19 Oct 2018
The National Economic Council (NEC) has urged governors to declare emergency on education in the 36 states of the federation. It also urged the state and federal governments to allocate at least 15 per cent of their yearly budgets to education with a view to revolutionising the sector. They were also enjoined to constitute a…
1 Oct 2018
MR. UCHE ORJI is the Managing Director and Chief Executive Officer of the Nigeria Sovereign Investment Authority (NSIA). He has been reappointed by the current administration for a fresh term of five year, having led the organisation creditably from inception. Through NSIA, he has been driving a growth strategy for the country, making NSIA a…
17 Aug 2018
The National Economic Council (NEC) yesterday resolved to decentralise police operations across the country to curb insecurity. National Security Adviser (NSA) Babagana Monguno made the disclosure after a meeting presided over by Acting President Yemi Osinbajo at the Presidential Villa, Abuja. He told State House correspondents: “The council decided that a committee would be set…
16 Aug 2018
The National Economic Council (NEC) says states are owing the Federal Inland Revenue Service (FIRS) N41 billion in Value Added Tax (VAT). Gov. Badaru Abubakar of Jigawa State, disclosed this while briefing State House Correspondents shortly after NEC meeting presided over by the Acting President, Prof. Yemi Osinbajo, on Thursday in Abuja. He said that…
13 Aug 2018
One lesson that history teaches mankind is to look before leaping. When extrapolated in real terms, it means that a person or group should think, strategize and review strategy...
30 Jul 2018
The National Economic Council’s (NEC’s) lamentation over fallen standard of education and setting up of a committee to address such a serious national crisis is a further demonstration that this administration is yet to grasp the whole essence of restructuring that this newspaper has been addressing regularly here.
27 Mar 2018
The federal government’s economic team, led by the National Economic Council (NEC), has once again received a hard knock for its poor understanding of how to grow a national economy. Bill Gates; yes, Bill Gates of the Microsoft fame, who came calling a couple of days previously, was reported to have told a special session…
21 Jul 2017
The National Economic Council (NEC) presided over by Acting President Yemi Osinbajo has adopted stringent criteria for access and disbursement of the ecological fund for proper management.
13 Jun 2017
By way of illustration, available World Bank indicators put domestic bank credit to the economy as a proportion of GDP for Malaysia in 2014 and 140 per cent and 22 per cent for Nigeria.
25 Oct 2016
Governor Rochas Okorocha of Imo, spoke at a joint news briefing with Governors Adams Oshiomhole of Edo and Jubrilla Bindow of Adamawa at the end of the NEC meeting, presided by Vice President Yemi Osinbajo.
3 Oct 2016
Following what seemed a successful probing of a sample of branches of banks for non-remittance of tax revenues they collected on behalf of the Federal Government from 2008-2012, a decision was reportedly taken by the National Economic Council....

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The Special Representative of the Secretary-General in the Democratic Republic of the Congo told the Security Council on Monday that “a lasting solution” to the violence “requires a broader political commitment to address the root causes of conflict.”  NEW YORK, USA, December 07, 2021,-/African Media Agency (AMA)/-Bintou Keita argued that, for stability to return to eastern Congo, “the State must succeed…
7 mins ago
 The latest global passport index has ranked Nigeria 103 out of 116 countries with the most powerful international passports in the world. Nigeria is sharing the 103rd position with Ethiopia in the 2021 Henley Passport Index. A Nigerian passport, according to the report only guarantees visa-free access to 45 countries of the world. The…
31 mins ago
A Kenyan police officer on Tuesday shot dead six people, including his wife, and wounded two others before turning the gun on himself, police said.
31 mins ago
A massive fire ripped through an overcrowded prison in Burundi before dawn on Tuesday, with fears of heavy casualties as many inmates were still sleeping at the time, witnesses said.
1 hour ago
Lagos State Police Command has arrested three students of Dowen College over the death of Sylvester Oromoni jnr. Lagos police commissioner Hakeem Odumosu disclosed that three out of the five students are already in custody. Before his death, Oromoni had named five students who he claimed attacked him in his dormitory, inflicting on him multiple…