The National Economic Council (NEC) presided over by Vice President Kashim Shettima, has dumped the National Social Register compiled under Muhammadu Buhari’s administration for lack of credibility.
The Council, instead, proposed the implementation of a cash transfer programme for States based on their social registers and a cash reward policy for public servants for six months.
The decision was part of the outcome of the over five hours meeting by members of the council at the state house, Abuja on Thursday.
Other Resolutions made at the National Economic Council meeting include to negotiate a new minimum wage for workers.
Cash Award Policy for public servants for six months, State Governments to pay public servants outstanding liabilities, while government should begin to fund MSME with single digit interest rates.
The Council also decided that implementation of the energy transition plan should commence immediately which means transiting from fossil fuels vehicles to CNG.
Other members of the Economic Council include the 36 State Governors.