Tinubu Forms New Economic Teams to Boost Planning and Address Emergency

• President Tinubu approved establishing the Presidential Economic Coordination Council (PECC) and Economic Management Team Emergency Taskforce (EET) to improve economic planning.

• The PECC comprises government leaders like the President and VP plus private sector leaders like Aliko Dangote and Tony Elumelu.

• The EET is mandated to formulate an emergency economic plan over the next 6 months.

• The EET includes government officials like the Finance Minister plus industry leaders like NNPC's GCEO.

• These teams complement existing groups like the National Economic Council to enhance Nigeria's economic management.