President Muhammadu Buhari is about now chairing the National Council of States (NCS) meeting at the Council Chambers of State House, Abuja.
The meeting is being attended by former Heads of State Generals Yakubu Gowon and Abdulsalami Abubakar, former President Goodluck Jonathan as well as former President Olusegun Obasanjo joining virtually.
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Others in attendance include Vice President Yemi Osinbajo, two fomer Chief Justices of Nigeria, the Attorney General of the Federation and Minister of Justice, Abubakar Malami.
About 14 governors are also attending the meeting both physically and virtually with some represented by their deputy governors.
The meeting, first in 2023 is coming on the heels of twin crisis facing the economy: fuel scarcity and a cash crunch sparked by the naira redesign policy of the CBN just as the nation heads into a general election in 15 days time.
Chairman of the Independent National Electoral Commission (INEC), Prof Mahmood Yakubu; the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and the Inspector General of Police (IGP), Alkali Baba, are also on ground to brief the council.
The council of state is an organ of the federal government saddled with the responsibility of advising the executive on policy making.
The council, which has the President as Chairman and Vice President as Deputy Chairman, has all former presidents and Heads of State, all former Chief Justices of Nigeria, President of the Senate, Speaker of the House of Representatives, all state governors and Attorney-General of the Federation, as members.