The National Economic Council (NEC) has approved key initiatives to boost Nigeria's economy, including the rollout of a National Agribusiness Policy and the establishment of the Green Imperative Project (GIP) central office in Abuja, with six regional…  | By Busola Bamidele on April 25, 2025 | The National Economic Council (NEC) has approved key initiatives to boost Nigeria's economy, including the rollout of a National Agribusiness Policy and the establishment of the Green Imperative Project (GIP) central office in Abuja, with six regional branches. At its 149th meeting, Vice President Kashim Shettima urged members to prioritize action over rhetoric, calling on them to deliver measurable outcomes that build a resilient, inclusive economy. A major highlight was the revival of the Cotton, Textile, and Garment Development Board—funded by levies on textile imports—to reduce dependence on foreign textiles and stimulate local production. Read also: "Nigeria can grow cotton in 34 states, yet we produce just 13,000 metric tonnes. This must change," Shettima said. He emphasized turning discussions into impact, urging NEC's monitoring committee to embark on field visits to track real-world progress. | | | |
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