To those who think it does not matter who Nigerias VP is, here is - TopicsExpress



          

To those who think it does not matter who Nigerias VP is, here is your redemption from the former CBN governor, Prof. Soludo: Our constitution envisages a federal coordination of the economy, and that function is performed by the National Economic Council (NEC) with Vice-President as chairman. Indeed, the constitution and other laws of Nigeria envisage the office of the VP as the coordinator on the economy. All major economic institutions of the federal government are, by law, chaired by the Vice-President including the national planning (see functions of the national planning commission as coordinator of federal government economic and development programmes), debt management office, National Council on Privatization, etc. As chairman of National Planning (with Ministers of Finance, Agriculture, CBN governor, etc as members), the VP oversees the federal planning and coordination. Then the Constitution mandates the VP as representative of the federal government to chair the NEC, with only CBN governor and state governors as members—to coordinate national economy between federal and states.
Posted on: Mon, 26 Jan 2015 22:14:20 +0000

Trending Topics



Recently Viewed Topics




© 2015