Tinubu decries poverty, orders NEC to work on salaries, palliatives to cushion effect of subsidy removal

NIGERIA – President Bola Tinubu has directed the National Economic Council (NEC) to come up with inputs on palliatives and  the minimum wage review as part of measures to cushion the pain of subsidy removal. The directive is coming as part of a way of meeting the demands of the Trade Union Congress, who said […]

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UBA Foundation opens portal for National Essay Competition 2022

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the commencement of the 2022 edition of its National Essay Competition (NEC) in Nigeria with a call for entries.  The annual National Essay Competition (NEC) is part of UBA Foundation’s education initiative which is aimed at promoting literacy and encouraging […]

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NEC: Fuel scarcity to end next week

The National Economic Council (NEC) on Thursday gave assurance that the scarcity Of Petrol Motor Spirit (PMS) will end by next week.. The Group Managing Director (GMD) of Nigeria National Petroleum Company (NNPC), Mele Kyari, gave the assurances on Thursday at the NEC meeting presided over by Vice President Yemi Osinbajo. Kyari told the council […]

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Obaseki: NEC yet to decide on fuel pump price, removal of subsidy

The National Economic Council NEC meeting which was chaired by Vice President Yemi Osinbajo, on Thursday, failed to reach any concrete resolution on the contentious issue of fuel pump price, including removal of subsidy after several hours of deliberations. Instead, they dwelt on the implications of the COVID-19 pandemic in the country and the need […]

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NEC sets up committee to decentralise police

The national economic council (NEC) has set up a committee to decentralise the operations of the Nigeria Police Force. Babagana Monguno, national security adviser (NSA), disclosed this at the end of the NEC meeting chaired by Acting President Yemi Osinbajo at the presidential villa in Abuja on Thursday. Monguno said Ibrahim idris, inspector-general of police, […]

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Defectors seek acceptance as Saraki, Tambuwal, Ortom, others attend PDP NEC meeting

The Peoples Democratic Party (PDP) on Thursday formally welcomed Senate President Bukola Saraki, Governor of Sokoto Aminu Tambuwal, Samuel Ortom of Benue, former Kano State Governor, Rabiu Kwankwaso, Nigeria’s former High Commissioner to South Africa, Ahmed Ibeto and Sen. Dino Melaye as they attended the party’s National Executive Committee (NEC) meeting in Abuja. All the […]

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NEC accuse 17 revenue generating agencies of underpaying N526bn, $21bn to government

The National Economic Council (NEC) says revenue generating agencies underpaid N526 billion and $21 billion the federation account between 2010 and 2015. This disclosure was made by Ibrahim Dankwambo, governor of Gombe state, when he briefed state house correspondents after the meeting of the council, which was presided over by Vice-President Yemi Osinbajo at the […]

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Governors to start monitoring crude lifting as NEC accuses NNPC of fraud

Governors on Wednesday night expressed displeasure over the handling of affairs at the Nigerian National Petroleum Corporation (NNPC), alleging fraudulent practices. The governors also directed the NNPC to stop payment of any form of royalty to the Federation Account and ordered that every payment should be paid to the Department of Petroleum Resources (DPR), as […]

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APC set to hold fresh NEC meeting over Oyegun’s tenure extension

The All Progressives Congress (APC) has fixed another National Executive Council (NEC) meeting for this month to fix the controversies arising from the one-year tenure extension granted the John Oyegun-led National Working Committee (NWC). Mr Bolaji Abdullahi, national publicity secretary of the party confirmed the coming meeting to Tribune. A definite date for the meeting […]

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NEC supports Buhari administration’s measures to beat recession

The National Economic Council, NEC, on Thursday in Abuja expressed support for the plans and proposals of the Federal Government to steer the country out of economic recession.Gov. Abubakar Bagudu of Kebbi announced this when he briefed State House correspondents on the outcome of the NEC meeting, which was presided over by Vice-President Yemi Osinbajo. […]

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