President Bola Ahmed Tinubu has Inaugurated the Presidential Economic Coordination council.
The president also approved a package of 2trn to fund critical sectors of the economy.
The council will comprise the present economic management team, the leadership of the legislature, the sub-national government led by the chairman of the Nigeria governors forum and the private sector led by Prominent industrialist Aliko Dangote, Chairman Heirs Holdings Tony Elumelu, Bismark Rewane among others.
The economic coordination council will meet and report to the president on a monthly basis.
In addition to a range of policy measures and tax measures, the mandate of the newly inaugurated council is to ease the cost of doing business and to reduce interest rates for MSME and certain sectors.
This is to stabilise the economy and get business growing again.
President Tinubu has also told the council that his focus is on enhancing food production and food security, and providing food at an affordable price and sufficientgurates presidential economic coordination council.
The president also Approved a package of 2trn to fund critical sectors of the economy.
The council will comprise the present economic management team, the leadership of the legislature, the sub-national government led by the chairman of the Nigeria governors forum and the private sector led by Prominent industrialist Aliko Dangote, Chairman Heirs Holdings Tony Elumelu, Bismark Rwwane among others.
The economic coordination council willeet and report to the president on a monthly basis.
In addition to a range of policy measures and tax measures, the mandate of the newly inaugurated council is to ease the cost of doing business and to reduce interest rates for MSME and certain sectors.
This is to stabilise the economy and get business growing again.
President Tinubu has also told the council that his focus is on enhancing food production and food security, and providing food at an affordable price and sufficient.
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