President Bola Tinubu has told the members of the National Economic Council (NEC) that there will be no excuse for failure.
He said the task of growing the nation’s economy is quite enormous, adding that there is no excuse for failure.
The President stated this Thursday in Abuja during the inauguration of NEC headed by the Vice President, Senator Kashim Shettima.
TheHintsNews reports that the President had last week directed NEC to come up with interventions to mitigate the effects of the petroleum subsidy.
Meanwhile, the council is currently holding its maiden meeting of the new administration under Shettima.
The NEC meets monthly and has the mandate 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.”
NEC comprises the 36 State Governors, the Governor of the Central Bank of Nigeria (CBN), the Minister of Finance and other co-opted Government officials.
Those in attendance as at the time the meeting commenced are: Zamfara, Dauda Lawal, Ogun, Dapo Abiodun, Anambra Charles Soludo, Yobe, Mai Mala Buni, Taraba, Agbu Kefas, Gombe, Delta, Sheriff Oborevwori, Rivers, Siminalayi Fubara, Niger Mohammed Bago and Sokoto, Ahmad Aliyu.
Others are: Kwara governor, Abdulrahman Abdulrazaq, Osun, Ademola Adeleke, Kogi, Yahaya Bello, Ekiti, Biodun Oyebanji, Nasarawa, Abdullahi Sule, Akwa Ibom, Umo Eno, Enugu, Peter Mbah Cross River, Bassey Otu, Plateau, Caleb Muftwang, Kebbi, Nasir Idris, Katsina, Aliyu Radda and Benue Hyacinth Alia, among others.