VP. Prof Yemi Osinbajo uses Social Media to outline Resolutions reached at the National Economic Council Retreat. cc @DrJoeAbah

Today, we concluded the National Economic Council Retreat in Abuja.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

Some of the resolutions reached at the National Economic Council Retreat, will be listed in subsequent tweets.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

1. Concerted and consistent efforts will be made to diversify revenue sources.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

2. Federal and State Governments must focus on fiscal responsibility as a critical element in macro-economic balance.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

3. Maintain a minimum of 30% of capital expenditure in the national budget.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

4. National targets for self-sufficiency will be set for identified crops, which will also be monitored.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

5. Tomato paste – 2016
Rice – 2018
Wheat – 2019

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

6. Duties and taxes for Agricultural products and equipment will be waived.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

7. The Ministry of Solid Minerals will complete and present the solid minerals development roadmap.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

8. The framework will address issues of illegal miners, licenses, taxes and royalties by 31st March 2016.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

9. The Ministry will also conclude the revalidation/recertification of all mining leases by 30th September 2016.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

10. States are to set up one-stop shops for investors where they do not currently exist to attract investment.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

11. The States’ Ministries of Education and State Universal Basic Education Boards will cooperate to actualize the Teacher Corp program.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

12. Provide logistics support on the proposed upgrade of 75 existing National Directorate of Employment facilities to Empowerment Centers.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

13. Institutionalize a single register as a platform for targeting the authentic poorest and vulnerable, for safety net programmes.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

14. State Governments are encouraged to identify at least two crops in which they have comparative advantage.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016

15. Undertake deliberate policies to create access to funds for Micro, Small & Medium Enterprises.

— Prof Yemi Osinbajo (@ProfOsinbajo) March 22, 2016