National Economic Council (NEC)

NEC Approves N100bln for Security Agencies’ Training Institutions

The National Economic Council (NEC) has approved N100 billion for the rehabilitation of police and other security agencies’ training institutions across the country,...

Nigeria’s Excess Crude Account Sees Marginal Growth – AGF Ogunjimi

The Accountant-General of the Federation, Shamseldeen Ogunjimi, has revealed that Nigeria’s Excess Crude Account (ECA) balance has increased to $535,823.39 as of August....

$1trn Economy by 2030: NEC Unveils Roadmap for Growth

As a strategic move to strengthen Nigeria’s reform agenda and help the Tinubu administration achieve its $1 trillion economy target, the National Economic...

NEC Gives Green Light to Flooding Mitigation Funds

The National Economic Council (NEC) has approved the release of funds to the National Emergency Management Agency (NEMA) to mitigate the impact of...

NEC Approves Cotton, Textile Board to Boost Economy

The National Economic Council (NEC) has approved the creation of a Cotton, Textile, and Garment Development Board to boost the economy. This initiative...

Rivers New Administrator Makes First Appearance at NEC Meeting

The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas, made his debut appearance at the National Economic Council (NEC) meeting at...

Public hearing on tax reform bills: Nigeria’s outdated fiscal policies unsustainable – Senate Pres. Akpabio

As the debate on Nigeria’s tax reform bills heats up, Senate President Godswill Akpabio has sounded a warning that the country urgently needs...

NEC Urges States to Adopt Local Technology to Drive Industrialization

The National Economic Council (NEC) has called on state governments to adopt and patronize technological innovations developed by the National Agency for Science...

State police: NEC gives four states, FCT Sept. 9 deadline to submit reports

The National Economic Council (NEC) has given four states—Kwara, Sokoto, Kebbi, and Adamawa—along with the Federal Capital Territory (FCT), Monday, September 9 ultimatum...

Tinubu authorises disbursement of N155bln for food purchases nationwide

President Bola Tinubu has authorized the purchase and sale of assorted foodstuffs worth N155 billion to be distributed across the nation. The President...

Tinubu to governors: Meet food security targets

In a bid to boost agricultural productivity, strengthen the economy by creating opportunities in the real sectors of agriculture, manufacturing, and construction, and...

VP Shettima chairs NEC meeting

The 142nd National Economic Council (NEC) meeting is currently underway at the Presidential Villa in Abuja, with Vice President Kashim Shettima presiding. The...