Buhari, others to Convene Emergency Meeting Over Recession Today In Abuja

mm
2 Min Read
CROSS SECTION OF MINISTERS AND MEMBERS OF NATIONAL RESEARCH AND INNOVATION COUNCIL (NRIC) AT THE MAIDEN MEETING AT THE STATE HOUSE IN ABUJA. PHOTO; SUNDAY AGHAEZE.

Buhari has called for an emergency meeting along with some other ministers in a bid to tackle the current recession and find a way to dig Nigeria out of her current predicament.

Notable attendees expected to be at the meeting are; Vice President Yemi Osinbajo,  members of the Federal Executive Council (FEC), heads of relevant Ministries, Departments and Agencies (MDAs) and some private sector stakeholders and economic experts.

The meeting will according to the Budget & National Planning Minister Udoma Udo Udoma, focus on ways to revamp the economy.

It has also been reported that the meeting will focus on priority areas for next year’s budget and brainstorm on ways to bring about national growth and development.

In a statement by Udoma’s spokesperson Akpandem James, he said, “The key objective of the retreat is to discuss the 2017 budget as well as steps being taken to get the economy out of recession.

“The meeting is part of a scheduled arrangement to fine-tune and set the right parameters for the 2017 Budget. It (the meeting) will provide an opportunity to discuss the framework of the 2017 Budget, the key priorities and the deliverables of the budget.

“The retreat is expected to deliver improved understanding of the measures being taken to get the country out of recession; improve synergy among the various ministries for enhanced implementation of planning and budget; and enhance knowledge of how to develop 2017 budget which is effectively linked with the medium term plan.

“The meeting will also review prioritised projects and programmes of ministries to fit into the 2017-2019 MTSS, 2017-2020 Medium Term Plan and 2017 Budget; and improved understanding on budget ceiling for MDAs for 2017 Budget,”

Share this Article
Leave a comment