Vice President Osinbajo presides as Economic Council meets


Cyril Okonkwo, Abuja

The meeting of the Nigeria’s National Economic Council has begun on Tuesday at the Council Chambers of the Presidential Villa, Abuja, with Vice Preident Yemi Osinbajo presiding.

Issues that may be top on the agenda of the meeting include the new National Minimum Wage, security and health.

The Nigerian Governors’ Forum had after their meeting in Abuja on Monday said that the states would not pay a new minimum wage that was beyond their capacity.

The Chairman of the Nigerian Governors’ Forum, Governor Kayode Fayemi of Ekiti State, said after the meeting, states knew that there would be consequential adjustments.

“That would be determined by what happens on the state by state basis because there are different numbers of workers at states,” he said.

The issue may still feature prominently at Tuesday’s NEC meeting as the governors will have an opportunity to bring it up before the Council.

The meeting may also access the implementation of the National Livestock Transformation Plan, NLTP, for which the NEC approved  N100billion budget at its meeting in September.

Among governors attending the meeting are Udom Emmanuel of Akwa Ibom; Willy Obiano of Anambra, Samuel Ortom of Benue; Babajide Sanwolu of Lagos, Kayode Fayemi of Ekiti, Gboyega Oyetola of Osun  and Rotimi Akeredolu of Ondo.

Others are Sani Bello of Niger; Nasir El-Rufai of Kaduna, Seyi Makinde of Oyo and Godwin Obaseki of Edo.

The Minister of Finance and National Planning, Zainab Ahmed and Governor of the Central Bank of Nigeria, CBN, are also attending the meeting.

The NEC is statutory body chaired by the vice president and with governors of Nigeria’s 36 states as members.

Lateefah Ibrahim