President Bola Tinubu on Thursday Inaugurated the Presidential Economic Coordination Council (PECC).
The move is to bolster the nation’s economic governance frameworks and ensure robust and coordinated economic planning and implementation.
AIT.live Correspondent at the State House, Abuja, Mwuese Igonor reports that the Presidential Economic Coordination Council (PECC) comprises leaders from the organised private sector and key government officials drawn from the Federal and State levels.
President Bola Tinubu is the chair of the newly inaugurated Board of the Presidential Economic Coordination Council (PECC), with his deputy, Kashim Shettima to serve as Vice-Chairman.
The President of the Nigerian Senate, Chairman of the Nigeria Governors’ Forum, Coordinating Minister for the Economy and Minister of Finance are to also sit on the PECC Board which has Governor of the Central Bank of Nigeria with other selected Ministers as members.
Key private sector players such as Aliko Dangote, Tony Elumelu, Abdulsamad Rabiu and others have also been drafted into the Committee.
President Bola Tinubu told the Team that the nation is looking up to them for timely interventions in critical sectors such as Energy, Power and Agriculture for food security
Addressing State House correspondents shortly after the inauguration, the Coordinating Minister of the Economy, Wale Edun; Minister of Budget and National Planning, Abubakar Atiku Bagudu, explained the reason behind the setting up of the Presidential Economic Coordination Council and expected outcomes
Speaking on behalf of the private sector, Chairman of Dangote Group, Aliko Dangote and Tony Elumelu, Chairman of UBA assured Nigerians that the PECC would come up with measures that will help the economy bounce back in the shortest possible time.
The Council is to meet and report to the President monthly.
(Editor: Ken Eseni)
