President Muhammadu Buhari is currently presiding over the meeting of the Federal Executive Council (FEC) holding at the presidential villa, Abuja.
The meeting started at about 11am with the arrival of the president.
It was learnt that a major decision on the 2016 budget, which has generated a lot of controversy, is expected to be taken at the meeting.
Present at the meeting is President Yemi Osinbajo, the secretary to the Government of the Federation, Babachir Lawal and the 36 Ministers of the federation.
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