Tag: NEC

  • NEC Approves 90-Day Action Plan to Cut Food Costs, Ease Hardship

    NEC Approves 90-Day Action Plan to Cut Food Costs, Ease Hardship

    By George Omagbemi The National Economic Council (NEC) has endorsed a 90-day economic action plan aimed at easing Nigeria’s cost-of-living crisis, improving food affordability and delivering tangible benefits to households and businesses. The plan was presented by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, during NEC’s 161st meeting held virtually…

  • NEC Approves N83.2bn Flood Prevention Fund, Unveils Climate Response Measures

    NEC Approves N83.2bn Flood Prevention Fund, Unveils Climate Response Measures

    By Opeyemi Adelakun The National Economic Council (NEC) has approved N83.21 billion for the implementation of an Anticipatory Action Task Force aimed at mitigating flooding and other climate-related disasters across Nigeria. The approval was granted during the council’s 158th meeting held on Thursday at the Presidential Villa, Abuja, and chaired by Vice President Kashim Shettima.…