Tinubu announces injection of N2tr into sectors of the economy for stabilisation

President Bola Tinubu’s administration plans to inject N2 trillion into the economy in the next six months.

The Presidential Economic Coordination Council (PECC) has been inaugurated to implement this plan, with members from various sectors, including the government, legislature, private sector, and more.

The N2 trillion package will be allocated to various sectors, including Health (N350 billion), Agriculture and Food Security (N500 billion), Energy and Power (N500 billion), and general business support (N650 billion).

The private sector, including representatives from Dangote Group and Elumelu Foundation, is expected to play a key role in the economic revival plan, with a focus on job creation and improving daily oil production.

Report

Leave a Reply

Your email address will not be published.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