NEC SETS UP AD-HOC COMMITTEE ON SALARIES & WAGES
Written by Samson Ojeniran on June 16, 2023
The National Economic Council (NEC) has set up an ad-hoc committee to come up with an appropriate road map on salaries/wages to alleviate the impact of the removal of fuel subsidies on workers taking into cognizance the financial status of the States of the Federation.
NEC which is chaired by Vice President, Kashim Shettima and has as its members the 36 state governors and the CBN governor held its inaugural meeting at the Council Chambers of the Presidential Villa, Abuja on Thursday.
The Vice President urged members to strive to build a globally competitive, strong, and diversified economy that is driven by industrialization, education, agricultural transformation, infrastructural development, and human capital development.”
Shettima solicited their “cooperation and commitment in utilizing the Council to resolve national matters and advance the national economy towards prosperity.
After careful deliberations, Council set up an Ad-hoc Committee to look into the modalities as to how to alleviate the impact of the removal of fuel subsidies on workers.
The Committee is to come up with an appropriate road map taking into cognizance the financial status of the States of the Federation.