President Obama is fulfilling a promise he made in his election night victory speech to have lunch with Mitt Romney at the White House.

The Thursday luncheon will be the first meeting between the two men since Romney lost the presidential election to Obama earlier this month.

There's no set agenda for the lunch, but White House officials say the president wants to discuss Romney's ideas for making government more efficient.

"The president noted that Gov. Romney did a terrific job running the Olympics and that skills set lends itself to ideas that could make the federal government work better, which is a passion of the president's," White House spokesman Jay Carney said.

There will be no media coverage of the meeting.