Joel Ajayi
The Economic Management Team’s Emergency Taskforce (EET), established to formulate an immediate action plan required to restore stability, growth, and confidence, in the nation’s economy has developed a comprehensive plan to restore economic stability.
The EET, following its mandate, has identified five key sectors – agriculture, energy, support to businesses, health and social welfare, and macro-fiscal alignment – and proposed necessary interventions to achieve urgent economic stability.
The team comprised participants from the federal government, state governments, and advocacy groups such as the Manufacturing Association of Nigeria and the Nigeria Economic Summit Group to ensure a collaborative approach.
The proposed emergency package, the Accelerated Stabilisation, and Actualisation Plan, has been presented to President Bola Ahmed Tinubu at the Presidential Villa, State House, and Abuja by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun.
During the presentation, the Minister informed that the plan aims to alleviate the impact of price increases on families, farmers, and businesses, in line with the Renewed Hope priorities.
