Tinubu inaugurates the Presidential Economic Coordinating Committee

President Bola Tinubu has formed a Presidential Economic Coordinating Committee to revitalize 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 into the Nigerian economy to reflate it.

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Tinubu directed the injection of specific monies of N250 billion for Health and Social Welfare and N500 billion for Energy and Power during the Committee’s inauguration on Thursday at the Presidential Villa in Abuja.

These measures may be linked to the country’s inflationary trend, which has prompted various complaints from Nigerians.