Buhari Inaugurates National Economic Council Today

President Muhammadu Buhari will today inaugurate his administration’s National Economic Council (NEC).

The council, which will be inaugurated in the council chambers of the presidential villa, Abuja, is expected to draw up a road-map that will actualise the economic policies of the new administration.

As is the tradition, the council which is to be chaired by Vice President Yemi Osinbajo, and comprising of all the 36 state governors will also hold its first session.

The permanent secretaries of the ministries of finance, national planning, and Central Bank of Nigeria (CBN) governor will also be members of the council. Section 18 of the 1999 Constitution provides for the NEC to serve as an advisory body to the president on the economy.