Tinubu attends NEC as council silent on minimum wage

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PRESIDENT Bola Tinubu in an unusual move on Thursday attended the 142nd meeting of the National Economic Council, NEC, at the Council Chamber, Presidential villa, Abuja.

—- FG approves $1bn agric consortium initiativeABUJA — PRESIDENT Bola Tinubu in an unusual move on Thursday attended the 142nd meeting of the National Economic Council, NEC, at the Council Chamber, Presidential Villa, Abuja.

The president had said he would only submit a new national minimum wage to the national assembly for passage into law after such consultations. He explained: “We’ll have a minimum of 2000 tractors a year for the next five years and all other aggregation of agricultural commodities is going to be utilized at least nothing less than 600,000 youths to man these 1000 service centres.”

According to him, the Greener Imperative Project, which he said is still in the works, is a 950 million euro project that will soon be unveiled. Kyari noted that a deal is being anticipated with Belarus Tractors to supply 2000 tractors per year for the next five years, with 9000 implements and spare parts, among others.The agriculture minister also said that Saudi Arabia has expressed interest in 200,000 metric tons of red meat every year and 1 million tonnes of soya from Nigeria.

In his remark, Governor Hope Uzodimma of Imo State said that the NEC directed the sub-committee of crude oil theft right provide comprehensive recommendations to end the menace during the next meeting.

 

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