Tinubu Forms Economic Councils to Address Nigeria's Economic Challenges
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President Tinubu established a 31-member Presidential Economic Coordination Council (PECC) including himself, Vice President, Senate President, Governors Forum Chairman, ministers, CBN Governor, and private sector leaders.
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The PECC aims to re-engineer Nigeria's economic governance framework and ensure robust, coordinated planning.
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Tinubu also set up a 19-member Economic Management Team Emergency Taskforce (EET) to formulate an emergency economic plan for 2024 within 2 weeks.
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The EET will meet twice weekly over 6 months to implement, monitor and evaluate critical economic initiatives.
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The monthly Economic Management Team is suspended for the duration of the EET's 6-month mandate.