Tinubu Establishes Economic Coordination Council


In what has been described as a strategic move to strengthen the nation’s economic governance framework and ensure robust and coordinated economic planning and implementation, the Presidency has announced the establishment of the Presidential Economic Coordination Council (PECC) and the creation of the Economic Management Team Emergency Taskforce (EET).

The statement by the Special Adviser on Media and Publicity to the President, Ajuri Ngelale, outlined the membership of the PECC as:

(1) President of the Federal Republic of Nigeria – Chairman of the PECC

(2) Vice-President of the Federal Republic of Nigeria – Vice-Chairman of the PECC/NEC Chairman

(3) President of the Nigerian Senate

(4) Chairman, Nigeria Governors’ Forum

(5) Coordinating Minister for the Economy and Minister of Finance

(6) Governor of the Central Bank of Nigeria and 12 ministers.

Key members of the organised private sector will also be part of the council, joining for a period not exceeding one (1) year, subject to the President’s directive.

They include :

(1) Alhaji Aliko Dangote

(2) Mr. Tony Elumelu

(3) Alhaji Abdulsamad Rabiu

(4) Ms. Amina Maina, amongst others.

The formation of these teams, according to the statement, will complement existing economic governance structures, including the National Economic Council (NEC), which is chaired by the Vice-President.

Over the next six months, the EET will focus on the rapid implementation, monitoring, and evaluation of critical initiatives, strengthening the Tinubu-led administration’s collective approach to advancing Nigeria’s economic objectives.

Kayode Oyero

Disqus Comments Loading...
Published by
Kayode Oyero

Recent Posts

Bodies Of Foreign Aid Workers Killed In Gaza Strike To Be Repatriated

Palestinian militants on October 7 also seized around 250 hostages. Israel believes about 130 remain…

9 mins ago

Security Agents Hunt Gunmen Who Attacked Anambra Police Stations

The Commissioner of Police, CP Aderemi Adeoye, who ordered the operation vowed that it would…

13 mins ago

Obi Continues Fraternal Visits To Muslim Communities As Fasting Enters Last Lap

Mr Obi thanked the Muslim Community and their leaders, for their warm hospitality, prayers, and…

35 mins ago

‘The Earlier, The Better’, Ex-DSS Director Urges Govs To Accelerate State Police 

The ex-DSS director also said security agents in Nigeria have been handicapped as they have…

1 hour ago

Troops Clear Terrorists’ Road Blockade In Zamfara, Neutralize Terrorists In Katsina

The troops recovered one locally fabricated gun, 2 motorcycles, 6 mobile phones and other sundry…

2 hours ago

Uganda Court Rejects Petition Against Harsh Anti-Gay Law

Last month, a Ugandan court dismissed an appeal by a gay rights group seeking government…

2 hours ago