Tinubu implements extensive economic coordination and planning systems in Nigeria

President Bola Tinubu has recently launched the Presidential Economic Coordination Council (PECC) as part of his administration’s commitment to restructuring the country’s economic governance system.

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Additionally, the Economic Management Team Emergency Taskforce (EET) was established and approved by the Federal Executive Council (FEC) on Monday.

Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed that the PECC, led by President Tinubu, will consist of 31 members, including government officials and representatives from the private sector.

The creation of these two entities aims to strengthen the economic governance structures of the nation and ensure effective economic planning and execution.

The PECC’s membership comprises high-ranking officials such as Vice President Kashim Shettima, the President of the Nigerian Senate, and various ministers responsible for key sectors like finance, agriculture, transportation, and energy.

Furthermore, the PECC includes 13 private sector representatives, including prominent figures like Alhaji Aliko Dangote, Mr. Tony Elumelu, and Ms. Amina Maina, who will serve for a maximum of one year under the President’s guidance.