The National Economic Council, NEC, meeting held on Thursday, June 16, 2016, in Abuja was presided over by the Vice President, Yemi Osinbajo.
The meeting took place at the Council Chambers of the Presidential Villa, Abuja and was attended by state governors and the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele.
Several resolutions were reached at the gathering including focusing on providing enabling environment initiatives for businesses in the country to grow.
Also, there was a composition of a Presidential Commission to steer the process and report monthly to the Federal Executive Council. The commission has 9 ministers in its membership.
The was also the establishment of a Secretariat for the Commission with active involvement of the private sector, including the appointment of a private sector professional as Executive Secretary.