
The Vice President, Kashim Shettima, and Nigerian governors have set up committees on crude oil theft and management as well as economic affairs.
This decision was taken during the 138th meeting of the National Economic Council (NEC) which was held virtually on Thursday.
According to a statement by the Senior Special Assistant to the Vice President on Media and Communications, Stanley Nkwocha, the committees will be headed by the Kwara State Governor AbdulRahman AbdulRazak and his Imo State counterpart, Hope Uzodimma, respectively.
He said the meeting followed “deliberations on critical economic matters and assessments of potential short-term, medium and long-term strategies for addressing pressing economic issues.”
The Economic Matters committee is tasked with preparing a clear roadmap for dealing with petroleum subsidy, including a framework for defending wage negotiations, exchange rate management and fiscal consolidation sustainability, liquidity management and inflation, medium-term investment and growth, fiscal transparency and accountability, as well as state of emergency on food production for 2024.
Members of the committee include the Gombe State Governor, representing North East; Governor of Lagos (South West); the Governor of Akwa Ibom (South-South); the Governor of Anambra (South East); the Governor of Niger (North Central), and Governor of Kaduna (North West).
The Special Adviser to the President on NEC and Climate Change, Rukaiya El-Rufai, would serve as its Secretary.
The Crude Oil Theft and Management Committee, an existing NEC committee, was reconstituted with Governor Hope Uzodimma of Imo State as its chairperson.