Tinubu Inaugurates Presidential Economic Coordinating Committee, Aims To Reflate Economy With N2trn.

President Bola Tinubu has formed a Presidential Economic Coordinating Committee to revitalise the economy in the shortest possible time.

Going forward, the Committee, which includes key private sector players such as Dangote Group Chairman Aliko Dangote, Heirs Holdings Chairman Tony Elumelu, Minister of Finance and Coordinating Minister for the Economy Wale Edun, and others, is expected to inject more than N2 trillion naira into the Nigerian economy to reflate it.

Tinubu, who inaugurated the Committee on Thursday at the Presidential Villa in Abuja, directed the injection of specific funds of N250 billion for health and social welfare, N500 billion for energy and power, and other bolster measures.

Elumelu, who spoke briefly about private sector involvement, stated that massive job creation is required to engage more Nigerians.

More details later…