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Monday, June 29, 2015

Buhari Inaugurates National Economic Council

President Muhammadu Buhari today inaugurated the National Economic Council (NEC). The council to be chaired by vice president, Professor Yemi Osinbanjo will be charged with the responsibility of guarding the president on his economic policies.

The council comprises the 36 state governors, the Governor of Central Bank of Nigeria and other presidency officials and agencies whose portfolios revolve around the economy.
Speaking at the event, the president urged the members of the council to deliberate and work out modalities of solving the salary crises that has bedeviled many states in the country.
According to Punch, Buhari tasked members to come up with ways of liquidating outstanding salaries and wages across the country.
Channels reports that the president insisted that all revenues from the Nigerian National Petroleum Corporation, Nigerian Customs Service, Federal Inland Revenue Service, Nigerian Ports Authority, Central Bank of Nigeria, Nigerian Maritime Administration and Safety and the Liquefied Natural Gas, among others should be remitted into the Consolidated Revenue fund.
He also restated his government’s commitment to tackling insecurity, corruption and other social vices.
Buhari had earlier dismissed an assessment by the opposition Peoples Democratic Party  that his performance in the last 30 days (first month in office) was “30 days of all motion and no movement”.

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