President Bola Tinubu has initiated measures to alleviate hardship by approving N50,000 uplift grants for 100,000 families in each state for three months. Eko Hot Blog reports that the President has also sanctioned the distribution of foodstuff worth N155 billion across Nigeria. These decisions were made during the National Economic Council (NEC) meeting in Abuja … Read more
President Bola Ahmed Tinubu has given state governors a seven-day deadline to report back on their plans to boost food production and security in their respective states. Speaking at the National Economic Council (NEC) meeting, Tinubu emphasized the urgency of increasing food production and pledged his support to states in achieving this goal. “Our states … Read more
Eko Hot Blog reports that Oyo State governor, Engr Seyi Makinde has described the submission of memoranda by state governors for state police as a waste of time. Governor Makinde who stated this in an interview on Channels TV’s Politics Today, faulted the 16 governors’ submission of a report on the matter to the National … Read more
President Bola Ahmed Tinubu has inaugurated the National Economic Council (NEC) at the Council Chambers, Aso Villa. The NEC, constitutionally headed by Vice President Kashim Shettima, includes State governors and the Central Bank of Nigeria governor as members. The establishment of the NEC is mandated by the Constitution of the FRN, 1999, as amended. EKO … Read more
The federal government of Nigeria has not dropped plans to remove fuel subsidy by June 2023. NEC has stated that the fuel subsidy must be removed as it’s not sustainable. The full subsidy removal by June 2023 remains the target as contained in the 2023 fiscal framework and appropriation act as well as the petroleum … Read more
The Federal Government (FG) and state governors have spoken about a national lockdown in Nigeria over COVID-19 third wave. EKO HOT BLOG reports that the Federal Government and state governors have said there is no indication of an imminent lockdown in Nigeria as the country prepares for the COVID-19 third wave. The governor of Lagos … Read more