Economy News

FEC Appoints Osinbajo As Chairman Of National Social Protection Council

FEC Appoints  Osinbajo As  Chairman  Of  National Social Protection Council
  • PublishedDecember 15, 2022

The Federal Executive Council (FEC) has approved the revised National Social Protection Policy for 2021–2022, appointing Vice President Yemi Osinbajo as the chairman.

Clem Agba, the Minister of State for Budget and National Planning, announced this to State House correspondents after the FEC meeting on at the Presidential Villa, Abuja.

One additional memo that was also presented by the Minister of Finance, Budget and National Planning was the revised National Social Protection Policy.

“Council approved the revised national social protection policy for the years 2021–2025.”

“This revised national social protection policy is an offshoot of a previous policy that was implemented from 2017 to 2020.”

“The review was carried out in collaboration with all relevant ministries, departments and agencies at both the federal and state levels as well as other key stakeholders, including development partners.”

According to him, the review has become imperative since the Ministry of Humanitarian Affairs, Disaster Management and Social Development now exists.

“In reviewing this policy, statewide consultations were embarked upon to harness and advise ideas from all stakeholders for the efficient and effective coordination of the policy.

“The National Social Protection Council is to be set up and chaired by the vice president, with the secretariat domiciled in the Ministry of Finance, Budget and National Planning.

“The Ministers of Labour and Employment and then the Minister of Humanitarian Affairs, Disaster Management and Social Development will serve as vice chairs of that council.

“Also, there’s going to be a technical working group, which will be co-chaired by those two ministers,” he said.

NAN

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