Local News

Edun Presents Economic Stability Plan to Tinubu

A document containing strategies that will help the stalling Nigerian economy regain buoyancy has been presented to President Bola Tinubu by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

Edun, who presented the document on Wednesday in Abuja, also coordinates the nation’s emergency economic management team’s emergency (EET), a task force recently established to formulate an immediate action plan required to restore stability, growth and confidence in the nation’s economy.

Mohammed Manga, Director, Information and Public Relations at the Finance Ministry, in a statement, noted that the team has developed a comprehensive plan to nurse the Nigerian economy back to good health via an economic blueprint tagged the Accelerated Stabilisation and Actualisation Plan.

He added that the EET, in accordance with 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 was composed of 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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top