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President Muhammadu Buhari on Monday morning, inaugurated the National Economic Council at the presidential villa.
The Council is made up of the 36 state governors, Ministers of Finance, the Central Bank Governor as well as the Attorney General of the Federation. It will be headed by Vice President, Yemi Osinbajo.
He called on the state governors and other members of the council to device ways of gradually liquidating all unpaid salaries of staff, which have brought untold hardship to thousands of families.
President Buhari also called on the states to also devise ways of increasing their revenue base in order to cushion the effect s of dwindling revenue from the federation account.
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