Sunday, July 12, 2026

Tinubu inaugurates NEC, says Nigerians want quick economic reforms

“Very reassuring that our citizens are behind us, but they want reforms and they want them very quickly.”

• June 15, 2023
Bola Tinubu and Kashim Shettima
Bola Tinubu and Kashim Shettima

President Bola Tinubu on Thursday inaugurated the National Economic Council (NEC) with a charge to revive the nation’s economic fortunes.

At the inauguration at the Council Chambers of the State House in Abuja, Mr Tinubu said reviving the economy was a daunting task.

He, however, said there would be no excuses for not delivering.

The president urged the NEC members to put in their best, pointing out that Nigerians are waiting eagerly for them to deliver democratic dividends.

“It is very reassuring that our citizens are behind us, but they want reforms and they want them very quickly,” stated Mr Tinubu.

The NEC is constitutionally under the chairmanship of the vice-president.

The NEC meets monthly and has the mandate to advise the president concerning the nation’s economic affairs.

The NEC is also expected to advise on measures necessary for the coordination of the economic planning efforts or programmes of the various governments.

Membership of the NEC comprises the 36 governors, the governor of the Central Bank of Nigeria and other co-opted government officials.

No fewer than 30 governors and two deputies were in attendance at the inauguration.

They included Governors Abdulrahman Abdulrazaq, Ademola Adeleke, Yahaya Bello, Biodun Oyebanji, Abdullahi Sule, Umo Eno, Peter Mbah, Bassey Otu, Caleb Muftwang, Nasir Idris, Aliyu Radda and Hycinth Alia.

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 (NNPCL), Mele Kyari, etc., were also in attendance.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Kashim Shettima

NationWide

Speaker Abbas hails Shettima’s re-nomination as Tinubu’s running mate in 2027

Mr Tajudeen said the vice president had remained dependable since assuming office.

PTAD

NationWide

Harmonisation reforms will promote pension equity, restore confidence: PTAD

PTAD manages pensions under the old Federal Government pension arrangement.

NECO/WAEC logos

NationWide

Mixed reactions trail FG’s N50,000 approval for WAEC, NECO exam fee

Ms Ogunkoya urged the government to balance cost recovery with citizens’ access to essential public services.

Armed policemen

Hot news Home top

Man arrested for allegedly beating wife to death over food in Nasarawa

The police spokesman added that the suspect expressed remorse over the incident.

ROAD CRASH

Heading 5

Seven die in Bauchi-Maiduguri road crash

The police spokesperson said an investigation had commenced to determine the immediate and remote causes of the accident.

Federal Bureau of Investigation (FBI)

World

FBI offers $50,000 reward for information on fugitive wanted for violent crimes

A federal arrest warrant was issued for Mr Singh in the United States District Court, Central District of California, Los Angeles, California on July 1.