Vice President Kashim Shettima is currently leading the National Economic Council (NEC) meeting at the Aso Rock Villa in Abuja.
This is the second meeting since President Bola Tinubu established the council.
The main focus of this gathering is to explore measures that can mitigate the impact of removing the petrol subsidy.
As per the provisions of Nigeria’s constitution, the vice president serves as the chairman of the NEC.
This monthly meeting plays a vital role in coordinating the economic planning efforts and programs across various levels of government.
The council is comprised of the 36 state governors, the governor of the Central Bank of Nigeria, the minister of finance, the secretary to the government of the federation, and other relevant government officials and agencies responsible for economic matters.