The Federal Government through the National Economic Council (NEC) has approved the appointment of six state governors to serve as members of the Board of the Niger Delta Power Holding Company, SAVANNAH NEWSNOW REPORTS.
The President appointed the six state governors to represent the six geopolitical zones of the country.
The state governors appointed are; Borno, Katsina, Imo, Ekiti, Kwara, and Akwa Ibom States.
In the press statement issued by the Presidential spokesperson, Ajuri Ngelale, updates on the country’s financial status provided by Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy also reported.
He reported that the Excess Crude Account holds $473,754.57, the Stabilization Account has ₦28,738,722,369.83, and the Natural Resources fund contains ₦53,891,102,650.71.
President Tinubu also an approved an uplift grant under the National Construction and Household Support Programme for 3.6m Nigerian families.
This initiative will deliver N50,000 to 100,000 families in each state for three months.
The disbursement of the Tinubu uplift grant to families will occur over a three-month period, according to presidential spokesman Chief Ajuri Ngelale.