NEC Sets Up Committee To Review Modalities For States’ Repayment Of FG’s Budget Support Facility
*Also to compose Committee on flood mitigation
*Endorses revised National Social Protection Policy
*Commends vaccination of 46 million Nigerians by NPHCDA
In a move to explore how to provide further financial succor for States regarding repayment of the Federal Government’s Budget Support Facility, the National Economic Council (NEC) has decided to review the Central Bank of Nigeria’s (CBN) plan to commence deductions from State governments’ share of the monthly federal allocations.
At a meeting presided over by Vice President Yemi Osinbajo, SAN, the Council resolved to set up a committee with representatives of the Federal Government and the States to review the matter.
According to the Vice President, “bearing in mind all of the financial difficulties, we take the position to review the plan to commence the deduction for the loan.”
NEC resolved that representatives of the Governors’ Forum, the Central Bank of Nigeria and the Federal Ministry of Finance, Budget and National Planning, among others, meet to review modalities for the imminent deductions of funds from States by the Central Bank of Nigeria, to repay the Budget Support Facility granted to States by the Federal Government.
It noted that the decision was in consideration of the current difficulties experienced by State governments in fulfilling their financial obligations.
Another resolution of today’s Council meeting is the endorsement of the revised National Social Protection Policy presented by Minister of Finance, Mrs Zainab Ahmed. The policy will now go to the Federal Executive Council and from there to the National Assembly.
When passed, the new policy will replace the “2017-2022 National Social Protection Policy.”
The Minister said the 2017-2022 National Social Protection Policy “was reviewed in consultation with all States and other stakeholders and it is to be subjected to review every five (5) years for update and accommodation of some emerging issues including Pandemics, insecurity and shock responsive Social Protection as well as new institutions.”
She added that the expected benefits of the revised NSPP include among others, “reduction of multi-dimensional poverty; promoting social justice, equity and inclusive growth; reduce unemployment, social and economic vulnerabilities, and other threats to sustainable development.”
NEC also resolved to constitute a committee of the Federal Government and State governors to liaise with other relevant stakeholders to find immediate and long-term solutions to flooding problems across the country.
Regarding this, the Vice President noted that the committee liaising with critical stakeholders will support efforts, whether short, medium or long term, in mitigating the impact of flooding as well as finding lasting solutions to the issue.
Council also commended the efforts of stakeholders including the National Primary Health Care Development Agency (NPHCDA) in the vaccination of more Nigerians against COVID-19.
According to the presentation of the COVID-19 Scorecard by the Executive Director of NPHCDA, Dr Faisal Shaibu, “over 127 million doses of COVID-19 vaccines have been procured and administered through collaborations by the Federal Government and other partners since the inception of the exercise.
“Additional 10.5 million doses of Johnson and Johnson vaccines have been procured by the Federal Government and is being expected in the country before the end of the year.”
Dr Shaibu added that 46 million persons have been fully vaccinated, representing 42 percent of the total eligible population targeted for the exercise. He commended Nasarawa and Jigawa State governments for their efforts in ensuring take-off of the accelerated COVID-19 vaccination exercise in their states.
The decisions were among resolutions reached by the Council on Thursday at the end of its 128th meeting with Governors and other Federal Government officials in attendance virtually.
The meeting also had in attendance the new Ekiti State Governor, Mr Oyebanji Abiodun.
Other details and highlights of the meeting are as follows:
PRESENTATION ON STATE PERFORMANCE REPORT ON COVID-19 BY DR JOHN OLADEJO, NATIONAL CENTRE FOR DISEASE CONTROL
Globally, the number of new weekly cases decreased by 6% during the week of 10-16 October, 2022 as compared to the previous week with over 2.9 million new cases reported. The number of new weekly deaths decreased by 17% as compared to the previous week with about 8,300 fatalities reported (WHO COVID -19 EPIDEMIOLOGICAL UPDATE). ·
NO OF CASES – 265,741 ·
NO OF CASES TESTED – 5,593,537 ·
ACTIVE CASES – 3,593 ·
DISCHARGED CASES – 258,993 ·
NO OF DEATHS – 3,155 ·
Council was informed that there was a high burden of cases in 2021 compared to the same period in 2022.
· PCR testing declined significantly in 2022 to compared to 2021
· More of ROT testing in 2022 compared to 2021
· No death reported on the past week
· Case fatality ration (CFR) for week 41,2022 is 0%
. The presentation also noted that there is an ongoing review of the COVID-19 protocols in the country.
WASH – WATER SANITATION AND HYGIENE PRESENTATION BY THE WATER RESOURCES MINISTER, ENGR SULEIMAN ADAMU
The presentation updated the Council on the current situation of the WASH Campaign. For instance, the presentation noted that 28 out of 36 States have urban water utilities with 16 States being fully functional. Only 11% of schools in the country have basic water supply, sanitation and hygiene services.
The presentation urged governors to endorse the WASH Pledge Card which is a commitment to make Nigeria Open Defecation Free by 2025. The presentation also prayed that governors should prioritize the WASH Campaign.
Council welcomed the prayers.