The minister revealed this when she briefed State House correspondents on the outcome of the meeting of the National Economic Council, presided over by Vice-President Yemi Osinbajo, at the State House, Abuja.She said that already, NEC had agreed to constitute a team to finalise modalities for commencement of repayment of the loan facility.
“Council agreed to constitute a team from the Nigerian Governors Forum to meet with the CBN and Ministry of Finance to finalise modalities for commencement of payment,’’ she said. Ahmed also made presentation on the Medium-Term Expenditure Framework and Medium Term Strategy Paper. She said that the presentation was to get inputs and recommendation from the Council for further presentation to Federal Executive Council for approval and implementation.
Ahmed noted that contribution of the non-oil sector to GDP had increased by 90.4per cent in the first quarter of 2018 to 90.9per cent in first quarter of 2019.
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