Governors of the 36 States have endorsed proposals of the Federal Government Economic Management Team, EMT, under President Muhammadu Buhari, to tackle the economic recession.
The Governors, at the meeting of the National Economic Council, NEC, on Thursday, September 22, in Abuja, also gave backing to the Minister of Budget and National Planning, Udoma Udo Udoma, and his Ministry of Finance counterpart, Kemi Adeosun, for their policies, which they said are tailored to revive the economy.
The NEC, is the highest economic decision making body, chaired by the Vice-President, Yemi Osinbajo. Other members are Governors, and key Ministers in charge of the economy, and also the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele.
The Governors met with Osinbajo, at the Presidential Villa, to deliberate on the state of the economy, where they endorsed Udoma and Adeosun, barely a day after the leadership of the Senate called for re-assignment of the duo, citing incompetence and inability to manage the economy as reasons.
No fewer than 23 Governors attended the NEC Meeting. They include: Governors Ayo Fayose (Ekiti), Abubakar Atiku Bagudu (Kebbi), Ifeanyi Okowa (Delta), Abubakar Mohammed (Bauchi), Willy Obiano (Anambra), Ifeanyi Ugwuanyi (Enugu), Abdufatah Ahmed (Kwara), Yahaya Bello (Kogi), Nasir El-Rufai (Kaduna), Olusegun Mimiko (Ondo), Aminu Tambuwal (Sokoto), Abiola Ajimobi (Oyo), and Badaru Abubakar (Jigawa).
Deputy Governors of Rivers, Nasarawa, Katsina, and Lagos, represented their Bosses.
A statement from the media office of the Vice-President on the meeting said:
“Rising from its monthly meeting today at the Presidential Villa, members of the National Economic Council, NEC, presided over by Vice-President, Prof Yemi Osinbajo (SAN), expressed support for the plans and proposals of the Federal Government, to steer the country out of recession.
“While acknowledging the current economic challenges and difficulties, Governors at the meeting also endorsed the work of the President’s Economic Management Team, and specifically commended the Budget & Planning, and Finance Ministers.
“Council members in response, commended the Economic Management Team, and generally welcomed the presentation, and expressed support for the plan to steer the nation out of recession.
“Under AOB, Council members expressed confidence in, and unanimously commended the EMT and both the Budget and National Planning and Finance Ministers, for the presentations to the Council, praising their efforts, competence, and capabilities.”