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National Economic Council (NEC)

NEC raises the alarm over rise in COVID-19 cases

NEC

By Rotimi Fadeyi The National Economic Council (NEC) at its monthly meeting on Thursday presided over by Vice President Yemi Osinbajo, raised the alarm at the increase in COVID-19 cases in the country and decided to act on the strict enforcement of measures to contain the spread of the disease. In a resolution released after […]

Lockdown: NEC to collaborate with PTF on re-opening national economy

The National Economic Council (NEC) says it has set up a committee to work with Presidential Taskforce on COVID-19 on re-opening of the national economy. Gov. Badaru Abubakar of Jigawa State, who briefed State House correspondents virtually after the online NEC anchored from the Presidential Villa, Abuja, on Thursday, said the committee consisted of some […]

Excess Crude Account hits all-time low at $274.583m

Nigeria’s Excess Crude Account has been depleted to an all-time low of $274.583 million, which is believed not adequate to sustain the country in a stormy financial shock should oil prices fall below the budget benchmark. The Honourable Minister of State for Budget and National Planning, Zainab Ahmed, disclosed this while reporting to the National […]