NEC

The National Economic Council has approved a $4.5bn refinancing of the Project Gazelle oil-backed loan, replacing the 2023 $3.3bn facility. The refinancing will unlock about $3bn in fresh liquidity while reducing the volume of crude pledged as collateral...

February 09, (THEWILL) — President Bola Tinubu, on Monday, declared open the Second Edition of the National Economic Council (NEC) Conference, unveiling key pillars of the Renewed Hope National Development Plan (2026-2030) aimed at accelerating inclusive growth, social investment...

September 21, (THEWILL) — The National Agency for Science and Engineering Infrastructure (NASENI) welcomes the endorsement of its solar-powered irrigation pumps by the National Economic Council (NEC) for nationwide rollout ahead of the 2025 dry-season farming.   This landmark decision, taken...

June 24, (THEWILL) – Governors elected on the platform of the Peoples Democratic Party (PDP) and key members of the party’s leadership, on Wednesday, met with officials of the Independent National Electoral Commission (INEC) at the commission’s headquarters in...

December 12, (THEWILL) - The National Economic Council (NEC) has approved the draft legislation seeking to repeal and renew the law establishing the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). It also approved a recommendation to allocate 0.05% of non-oil...

November 22, (THEWILL) - The National Economic Council (NEC) has constituted a committee on National Electrification, to help address the challenges in the power sector. The formation of the committee was among the key decisions taken by NEC at the...

November 21, (THEWILL) - The Arewa Consultative Forum, the apex northern socio-cultural group, has suspended Mamman Mike Osuman, SAN, the chairman of its National Executive Council, following controversial remarks attributed to him regarding the 2027 presidency and the state...

September 09, (THEWILL) – The Nigeria Labour Congress (NLC) has demanded the immediate and unconditional release of its President, Comrade Joe Ajaero, on or before midnight. THEWILL had earlier reported that Comrade Ajaero was arrested at the Nnamdi Azikiwe International...

September 04, (THEWILL) – The National Economic Council (NEC) has threatened to impose its decision on states that have failed to submit their reports on State Police. President Bola Tinubu had in February, agreed on the need to establish state...

January 09, (THEWILL) - The Sports Writers Association of Nigeria (SWAN) held a tense National Executive Committee (NEC) meeting from January 7-9, 2024 in Uyo, Akwa Ibom State. With SWAN President, Isaiah Benjamin, refusing to call a physical NEC...