Nigeria: Dangote, Elumelu, Others Make Tinubu's New Economic Team

In a strategic move to bolster the nation's economic governance frameworks and ensure robust and coordinated economic planning and implementation, President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council and the creation of the Economic Management Team Emergency Taskforce .

In a statement by Presidential spokesman, Ajuri Ngelale, the Presidential Economic Coordination Council comprises distinguished leaders and key government officials, including: President of the Federal Republic of Nigeria - chairman of the PECC, Vice-President of the Federal Republic of Nigeria - Vice-Chairman of the PECC/NEC chairman, Senate President, chairman, Nigeria Governors' Forum, coordinating minister for the economy and minister of finance, governor of the Central Bank of Nigeria,...

Furthermore, Ngelale said in his determination to address immediate economic challenges and ensure the streamlined execution of economic strategies, President Bola Tinubu had established the Economic Management Team Emergency Taskforce with a mandate to formulate and implement a consolidated emergency economic plan.

The EET will meet twice weekly and is composed of the following members: coordinating minister for the economy and minister of finance , minister of budget and economic planning, Minister of power, minister of agriculture and food security, coordinating minister of health and social welfare, minister of industry, trade and investment, governor of the Central Bank of Nigeria, national security adviser, chairman, Nigeria Governors' Forum, governor of Anambra State, governor of Ogun State,...

The chairman of the EMT may, as needed, call on any Federal Minister or Head of Agency to brief the EMT on key programmes and developments affecting the economy.

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