National Economic Council Postpones Planned 150th Meeting

National Economic Council Postpones Planned 150th Meeting

The meeting of the National Economic Council (NEC) was postponed until Thursday, June 19, 2025.

The Constitutional Commission, which is led by Vice President Kashim Shettima, has the authority to consult the President on matters relating to the Federation’s economic affairs, and particularly on how to coordinate the efforts or programs of the Federation’s various governments.

The 36 State Governors, the Central Bank of Nigeria Governor, and other co-opted government officials make up its membership.

The National Economic Council’s 149th meeting in April approved the creation of a Cotton, Textile, and Garment Development Board along with new approaches to expanding agribusiness and changing the livestock industry—projects that are expected to have an economic impact of up to $90 billion by 2035.

READ ALSO: Nigerians Rewane Must Benefit from FG’s Borrowing.

Additionally, it approved the establishment of a national office for the Green Imperative Project (GIP) in Abuja, as well as considering ways to address the country’s current system of animal husbandry, with regional offices spread throughout the six geopolitical zones.

The Vice President had also led the group of attendees to observe a minute of silence in honor of the victims of the Benue and Plateau States killings during the previous meeting. However, it put off discussion of the creation of a state police.

Source: Channels TV

234Radio

234Radio is Africa's Premium Internet Radio that seeks to export Africa to the rest of the world.