President Bola Tinubu, on Thursday inaugurated the National Economic Council at the Council Chamber of the State House Abuja.
Tinubu, who inaugurated the NEC at 11:25 am, said he would not accept excuse for failure from NEC members, saying all hands must be on deck to transform the economy of Nigeria, adding that the task of growing the nation’s economy is quite enormous.
“Therefore, there will be no excuse for failure or complain as all the elected officials, asked, campaigned and danced for the job,” the president said.
The president also urged the council to work together and support his administration’s mandate to transform the economic fortunes of the country saying “Collaboration is not a crime. Please let u do so.”
Afterward, the president left the chambers for Vice President Shettima to chair the meeting.The Council meets monthly, saddled with the responsibilities to “advise the President concerning the economic affairs of the Federation, and in particular on measures necessary for the coordination of the economic planning efforts or economic programmes of the various Governments of the Federation.”
Its members comprise the 36 State Governors, the Governor of the Central Bank of Nigeria, and other co-opted Government officials.
A good numbers of state Governors attended the NEC while
The Secretary to the Government of the Federation, George Akume, Chief of Staff, Femi Gbajabiamila, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, Acting Accountant General of the Federation, Oluwatoyin Madein, Acting Governor of Central Bank, Folashodun Shonubi, Permanent Secretaries Budget and National Planning, Federal Capital Territory Administration and State House are also in attendance.