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BREAKING: Buhari Chairs Council Of State Meeting Over Naira Redesign

TheOpeyemi A.A² by TheOpeyemi A.A²
February 10, 2023
in BREAKING, Politics
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The meeting of the Council of State is currently being presided over by President Muhammadu Buhari in the Council Chamber of the State House in Abuja.

The meeting, which is the first in 2023, takes place 14 days before the presidential elections and in the midst of the economy’s twin crises of a lack of fuel and a cash shortage brought on by the Central Bank’s policy to redesign the naira.

Along with former President Goodluck Jonathan, former Heads of State General Yakubu Gowon and Abdulsalami Abubakar are present.

Former President Olusegun Obasanjo is joining the hybrid meeting virtually as only about 14 governors are present both physically and virtually with some represented by their deputies.

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Also present are Vice President Yemi Osinbajo, The Attorney-General of the Federation and Minister of Justice, two former Chief Justices of Nigeria, amongst others.

The Chairman of the Independent National Electoral Commission, Prof Mahmood Yakubu, the CBN Governor, Godwin Emefiele, and the Inspector General of Police, Usman Baba, are also present to brief the council.

The Senate President, Ahmad Lawan, and Speaker of the House of Representatives, Femi Gbajabiamila, are also present.

The Council of State is an organ of the Federal Government of Nigeria which advises the executive on key policy making.

It comprises the President as chairman, Vice President Yemi Osinbajo (deputy chairman), all living former Presidents and Heads of State, the President of the Senate, Ahmed Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, all the 36 state governors and Minister of Justice and Attorney-General of the Federation, Abubakar Malami.

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