President Bola Tinubu on Thursday inaugurated his Presidential Economic Coordination Council , drawn from different sectors of society in the drive to strengthen the economy.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who led selected members of the Council to address newsmen after the briefing, gave a breakdown of the areas to benefit from the emergency funding to include Health, Agriculture, Energy/Power, and other areas.
“The sum of that very important exercise is that a N2 trillion package involving N350 billion funding for Health and Social Welfare; N500 billion funding for Agriculture and Food Security; N500 billion for the Energy and Power sector and general business support of about N650 billion.“In addition to a range of policy measures and tax measures, there is a range of executive orders which Mr.
Other members of the PECC are Vice President Kashim Shettima, Vice-Chairman; President of the Nigerian Senate; Chairman, Nigeria Governors’ Forum; Coordinating Minister for the Economy and Minister of Finance; Governor of the Central Bank of Nigeria; Ministers of Agriculture and Food Security; Aviation and Aerospace Development and Budget and Economic Planning.