Economy

Kwara, Imo govs head economic affairs, oil theft committees

Kwara State Governor AbdulRahman AbdulRazaq and his Imo State counterpart, Hope Uzodimma, have been named as the chairmen of the Economic Affairs Committee and the Crude oil Theft and Management Committee of the National Economic Council.

The announcement was made by the Vice President, Kashim Shettima, at the 138th meeting of NEC which held virtually on Thursday.

A Government House statement made available to Sunday PUNCH in Ilorin, Kwara State on Saturday said that the committees were saddled with the task of preparing a clear roadmap for dealing with petroleum subsidy, including a framework for defending wage negotiations and exchange rate management.

Other functions are listed as 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.

Recall that Abdulrazaq is the current chairman of the Nigeria Governors’ Forum.

“Members of Governor AbdulRazaq’s committee according to the statement are 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).

“Special Adviser to the President on NEC and Climate Change, Rukaiya El-Rufai, is to serve as Secretary, the statement indicated.

“The second committee on Crude Oil Theft and Management is an existing NEC committee which has been reconstituted with Governor Hope Uzodimma of Imo State as the chairman.

“Other members are the Governor of Ogun State representing South-West; the Governor of Plateau State (North-Central); the Governor of Rivers (South-South) Governor of Borno (North-East); Governor of Jigawa State (North-West); the Governor of Abia State (South-East); Minister of Budget and Economic Planning; Minister of Finance and Coordinating Minister of the Economy; CBN Governor; GCEO of NNPCL, NDDC Chairman, and Service Chiefs.

“The Secretariat will be domiciled at the Ministry of Budget and Economic Planning and the Special Adviser to the President on Economic Matters, Dr Tope Fasua will serve on the committee, the statement further said.

“Part of the Government house statement reads: Meanwhile, following deliberations on critical economic matters and assessments of potential short-term, medium and long-term strategies for addressing pressing economic issues, NEC set up the committees on Economic Affairs, as well as the committee on Crude Oil Theft And Management.

“Both committees are to be headed by Kwara State Governor, Alh AbdulRahman AbdulRazak, and his Imo State counterpart, Senator Hope Uzodimma, respectively.”

(Punch)

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