The Minister of Finance, Kemi Adeosun and her counterpart at the Ministry of Budget and National Planning, Udoma Udo Udoma have been passed a vote of confidence by the 36 Governors in the Federation.
According to a statement from the spokesperson of Vice President Yemi Osinbajo, Laolu Akande, the governors passed their votes on the ministers at the monthly National Economic Council, NEC, meeting which was presided over by Vice President Osinbajo at the presidential villa in Abuja.
The Economic Council also supported the sale of some national assets to rescue Nigeria from current economic recession.
According to the statement released, Prof Yemi Osinbajo, SAN, expressed support for the plans and proposals of the Federal Government to steer the country out of recession.
While acknowledging the current economic challenges and difficulties, state governors at the meeting also endorsed the work of the President’s Economic Management Team and specifically commended the Budget Planning and Finance Ministers.
The Vice President is the Chairman of the Council, which advises the President on economic affairs of the federation and in particular on measures necessary for the coordination of the economic planning in the country. NEC is composed of Governors of all 36 states of the federation, and the Central Bank Governor.