NATIONAL ECONOMIC COUNCIL TO PAY A TWO-DAY WORKING VISIT TO LAGOS STATE FROM DECEMBER 8TH ~ INN Nigeria
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As part of Federal Government efforts to reposition the National economy, the Implementation Monitoring Committee (IMC) of the National Economic Council (NEC) will pay a two-day working visit to Lagos State from Tuesday, Dec. 8 to Wednesday, Dec. 9, 2020.
The Committee, which will be led by the Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, will monitor major projects of the State Government as captured in the 71 Resolutions of the National Economic Council, covering major thematic areas.
A statement issued by the Lagos State Resilience Office, Ministry of Economic Planning & Budget said that the National Economic Council adopted a 71-point Resolution covering seven major thematic areas to be adopted by States to enhance rapid and sustainable economic growth.
The statement explained that the National Economic Council in its efforts to ensure successful implementation of the 71 resolutions, set up two committees; the Implementation Steering Committee (ISC), and the Implementation Monitoring Committee.
Noting that the implementation Monitoring Committee embarked on Phase 1 of the monitoring exercise, which covered about 27 States of the Federation in 2017, the statement revealed that the report was subsequently submitted and adopted by the National Economic Council.
The visiting team, comprising representatives of the NEC, Office of the Vice President and the Nigeria Governors Forum, will monitor projects executed in Lagos while their reports are to be presented to the National Economic Council in February 2021 for consideration and action.