Nigeria : FEC shifts meeting to Monday
The Federal Executive Council (FEC) has shifted its meeting initially scheduled to hold yesterday to Monday..
The meeting is expected to put finishing touches to the 2016 Budget ahead of its presentation to the National Assembly on Tuesday..
The Minister of Information, Alhaji Lai Mohammed, said of the meeting: “It was postponed till Monday afternoon. The reason is that there was a meeting of the National Economic Council yesterday (Thursday)..
“At that meeting, many of the key cabinet members made presentations. There were fallout from those presentations that will necessitate going back to the original document that should have been discussed today (Friday).
“So we were given time between now and Monday to go and re-jig our figures, because when the NEC met, certain issues were thrown up which if not resolved would distort the entire budget proposal. So we will all go back, each ministry will do its re-jigging.”
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