THE NATION
To rejig the economy, two committees for ensuring comprehensive coordination and implementation of the Federal Government’s plan were yesterday set up by President Bola Ahmed Tinubu.
They are the Presidential Economic Coordination Council (PECC) and the Economic Management Team Emergency Taskforce (EET).
Their inauguration followed their approval by the Federal Executive Council (FEC) on Monday.
Announcing the two economy-focused initiatives in a statement, Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said the PECC, which will be chaired by President Tinubu, will consist of 31 members made up of key government officials and members of Organised Private Sector (OPS).
The EET is headed by the Minister of Finance and Coordinating Minister of the Economy Mr Olawale Edun.
He said the setting up of the PECC and EET was a strategic move to bolster the economic governance frameworks and ensure robust and coordinated planning and implementation.
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