NEC holds valedictory session, to consult governors before subsidy removal

The National Economic Council (NEC) has agreed that the timing for the removal of oil subsidy should not be now but preparation work has to be done in consultation with the State Governments and other key stakeholders.

Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, stated this when she addressed State House correspondents on the outcome of the valedictory session of NEC.