James Emejo, assesses efforts by the federal government through National Economic Council to enhance states’ capacity and readiness to better contribute to the national economy and create impact at the grassroots
One of the high points of the recently concluded 2nd National Economic Council (NEC) Conference with the theme, “Delivering Inclusive Growth and Sustainable Development: The Renewed Hope National Development Plan”, was the need to enhance fiscal governance –ensuring that subnational governments remain competitive and growth-focused, taking advantage of the ongoing fiscal reforms, particularly clearing obstacles to the implementation of the Nigeria Tax Administration Act, 2025 (NTAA 2025) at the state level.
The meeting was a clarion call to government at all levels to prioritise spending on human capital development, enabling infrastructure and improved accountability to strengthen trust amid unprecedented revenue boost resulting from major reform initiatives including subsidy removal by the administration of President Bola Tinubu.
