The meeting would deliberate on the 2020 budget proposal. The president had earlier today declared open the 25th Nigerian Economic Summit with a charge to public and private sector leaders to look inward to solve the unique challenges confronting the nation’s socio-economic development.

The ongoing extraordinary FEC meeting which was shifted from October 5th, is being attended by Vice President Yemi Osinbajo and Secretary to the Government of the Federation, Boss Mustapha.

Others in attendance are the Chief of Staff to the President, Abba Kyari, acting Head of Civil Service of the Federation, Folasade Yemi-Esan and cabinet ministers. Minister of Aviation, Sen. Hadi Sirika, would also make a ‘special presentation’ at the meeting.

In her place the president have announced Mrs Folasade Yemi-Esan as her acting successor. The announcement was made via the presidency’s twitter handle, @presidencynigeria.

Yemi-Esan, until her appointment was the Permanent Secretary, Ministry of Petroleum Resources.

Oyo-Ita, 55, has been directed to proceed on an indefinite leave to allow conclusion of the investigation being carried out by EFCC. Oyo-Ita is currently being investigated by the anti-graft agency for alleged N3 billion contract scam. She is also being investigated for alleged abuse of duty tour allowance, money laundering and alleged theft of government funds.