Tag: National Economic Council
Labour plans showdown with governors over borrowing N17trn from pension fund
The Nigeria Labour Congress (NLC) has vowed mobilise its members nationwide to resist any attempt by state governors to borrow from pension fund.
It would...
Prospects of popular democracy
Kayode Komolafe
If last Thursday’s broadcast by the President failed to fully capture the mood of the nation, the outcome of the National Economic Council...
Net oil, capital inflows declined by N425bn in Q1 – Minister
The minister of finance, budget and national planning, Mrs. Zainab Ahmed has said that the net oil and gas revenue inflows to the federation...
Nigerian economy deteriorated before COVID-19 outbreak – PEACE
The Presidential Economic Advisory Council (PEAC) on the impacts of COVIC-19 on the Nigerians economy yesterday submitted its report saying the economy was in...
Red alert! NGF warns of looming recession
The Nigerian Governors’ Forum (NGF) has told Nigerians and
the newly-elected governors to brace for another cycle of economic recession about
middle of 2020 to the...
Revenue sharing formula reviewed to accommodate minimum wage
Ime Akpan
The federal government has bowed to pressure from the
Nigerian Governors’ Forum (NGF) to review the subsisting revenue sharing
formula as precondition for states to...
SMBLF faults FG’s N179bn cattle ranches fund
The Southern and Middle Belt Leaders Forum (SMBLF) has faulted the federal government’s plan to establish pilot cattle ranches in 10 states of the...
FG earmarks N179bn for 94 cattle ranches in 10 states
The National Economic Council (NEC) chaired by the vice president, Prof. Yemi Osinbajo has approved a 10-year National Livestock Plan which will cost about...