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‘You asked for the job, no excuse for failure’, Tinubu tells FEC members

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President Bola Ahmed Tinubu on Thursday told the newly inaugurated members of the Federal Economic Council, FEC, that there is no excuse to complain on the challenges of their job, reminding them that they all campaigned vigorously for the positions.

Speaking at the inauguration of the NEC at the Council Chambers of the State House in Abuja, President Tinubu noted that the task of reviving the economy before the new administration is daunting.

He charged the Council to get to work, pointing out that Nigerians are waiting for them, saying “it is very reassuring that our citizens are behind us, but they want reforms and they want them very quickly”.

He promised to sustain the rejuvenation of the nation’s economy and charged the council to join forces to support his administration towards transforming the nation’s economy.

The president said, “Therefore, there will be no excuse for failure or complain as all the elected officials, asked, campaigned and danced for the job.’’

The NEC, which is under the chairmanship of the Vice President, was inaugurated on Thursday, a week after Tinubu called for its convening to fast track the process of finding answers that will mitigate the effects of the petroleum subsidy. 

The NEC meets monthly and has the mandate to “advise the President concerning the economic affairs of the Federation, and in particular on measures necessary for the coordination of the economic planning efforts or economic programmes of the various Governments of the Federation.”

The NEC was established by the provisions of the Constitution of the Federal Republic of Nigeria, 1999, as amended; Section 153(1) and Paragraphs 18 & 19 of Part I of the Third Schedule.

Chaired by Vice President Kashim Shettima, the Council, which meets monthly, has the mandate to “advise the President concerning the economic affairs of the Federation, and in particular on measures necessary for the coordination of the economic planning efforts or economic programmes of the various Governments of the Federation.”

Its members comprise the 36 State Governors, the Governor of the Central Bank of Nigeria, and other co-opted Government officials.

Present are the Governors of Kwara, Abdulrahman Abdulrazaq; Osun, Ademola Adeleke; Kogi, Yahaya Bello; Ekiti, Biodun Oyebanji; Nasarawa, Abdullahi Sule; Akwa Ibom, Umo Eno; Enugu, Peter Mbah; Cross River, Bassey Otu; Plateau, Caleb Muftwang; Kebbi, Nasir Idris; Katsina, Aliyu Radda; and Benue, Hycinth Alia.

Others are Governors of Zamfara, Dauda Lawal; Ogun, Dapo Abiodun; Anambra, Charles Soludo; Yobe, Mai Mala Buni; Taraba, Agbu Kefas; Gombe, Inuwa Yahaya, Delta, Sheriff Oborevwori; Rivers, Siminalayi Fubara; Niger, Mohammed Bago; and Sokoto, Ahmad Aliyu.

Also attending are those of Ebonyi, Francis Nwifuru; Kaduna, Uba Sani; Edo, Godwin Obaseki; Abia, Alex Otti; Bayelsa, Douye Diri; Kano, Abba Yusuf; Bauchi, Bala Mohammed; Oyo, Seyi Makinde; and Deputy Governors of Borno, Umar Kadafur and Ondo, Lucky Ayedatiwa.

Top Federal Government officials present at the inauguration include; Secretary to the Government of the Federation, George Akume, Chief of Staff, Femi Gbajabiamila, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, Acting Accountant General of the Federation, Oluwatoyin Madein, Acting Governor of Central Bank, Folashodun Shonubi, Permanent Secretaries Budget and National Planning, Federal Capital Territory Administration and State House are also in attendance.

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