Vice President Kashim Shettima presided over the National Economic Council (NEC) meeting on Thursday in Abuja.
The meeting convened at the Council Chamber of the Presidential Villa and brought together governors from across the country alongside other key stakeholders.
With a focus on resolving pressing economic challenges stemming from the removal of petrol subsidy, the NEC meeting is expected to delve into critical issues affecting the nation’s financial landscape.
Also on the agenda is the discussion of the prevalent security challenges that have been observed in various parts of the country, particularly the recent incidents of attacks in Northern regions..
However, Journalists have been excused from the meeting and are waiting to be briefed on the outcome.
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The meeting comes a day after the Nigerian National Petroleum Company (NNPC) Limited announced the successful acquisition of a $3 billion Emergency Crude Repayment Loan from the African Export-Import Bank (AFREXIM Bank).
According to NNPC in a statement released yesterday, the loan will be used to address the ongoing Naira slide in the exchange market