Before the meeting kicked off, Osinbajo launched the Nigeria COVID-19 Action Recovery and Economic Stimulus NG-CARES Program.
The program is being funded under the World Bank N750million loan.
As at the time of filing this brief report, there are strong indications that the meeting would deliberate on the contentious issue of fuel subsidy.
Read more: Nigeria 2023 : APC’ll collect Tinubu’s money, give ticket to Osinbajo – Former Niger Gov, Babangida
DAILY POST reliably gathered that most of the state governors who are members of NEC are not favourably disposed to the situation where deductions are made from their federal allocations, which goes into subsidising fuel products for the populace.
Osinbajo serves as chairman of the National Economic Council while the 36 state governors are members, including the FCT Minister, Mohammed Bello, the Minister of Budget and National Planning, Zainab Ahmed among other key agencies of government.
Read more: 2023 Elections: Why I must relocate from Nigeria if Tinubu emerges next president – Bode George
Meanwhile, at the federal level, the government appears to be at crossroads in taking concrete decisions on fuel subsidy removal owing to economic constraints.
Source: DP