In a groundbreaking move aimed at revitalizing Nigeria’s economic governance and fostering coordinated planning and execution, President Bola Ahmed Tinubu has announced the establishment of the Presidential Economic Coordination Council (PECC) and the formation of the Economic Management Team Emergency Taskforce (EET).
The PECC, under the leadership of President Tinubu, comprises an eminent roster of leaders and government officials, including:
1. President Bola Ahmed Tinubu – Chairman of the PECC
2. Vice-President of Nigeria – Vice-Chairman of the PECC / NEC Chairman
3. President of the Nigerian Senate
4. Chairman, Nigeria Governors’ Forum
5. Coordinating Minister for the Economy and Minister of Finance
6. Governor of the Central Bank of Nigeria
7. Minister of Agriculture and Food Security
8. Minister of Aviation and Aerospace Development
9. Minister of Budget and Economic Planning
10. Minister of Communications, Innovation and Digital Economy
11. Minister of Industry, Trade and Investment
12. Minister of Labour and Employment
13. Minister of Marine and Blue Economy
14. Minister of Power
15. Minister of State, Petroleum Resources
16. Minister of State, Gas
17. Minister of Transportation
18. Minister of Works
Additionally, the PECC will feature prominent figures from the private sector, including:
1. Alhaji Aliko Dangote
2. Mr. Tony Elumelu
3. Alhaji Abdulsamad Rabiu
4. Ms. Amina Maina
5. Mr. Begun Ajayi-Kadir
6. Mrs. Funke Okpeke
7. Dr. Doyin Salami
8. Mr. Patrick Okigbo
9. Mr. Kola Adesina
10. Mr. Segun Agbaje
11. Mr. Chidi Ajaere
12. Mr. Abdulkadir Aliu
13. Mr. Rasheed Sarumi
Furthermore, President Tinubu has established the Economic Management Team Emergency Taskforce (EET), tasked with formulating and implementing a consolidated emergency economic plan. The taskforce, chaired by the Coordinating Minister for the Economy and Minister of Finance, includes:
1. Coordinating Minister for the Economy and Minister of Finance (Chairman of the EET)
2. Minister of Budget and Economic Planning
3. Minister of Power
4. Minister of Agriculture and Food Security
5. Coordinating Minister of Health and Social Welfare
6. Minister of Industry, Trade and Investment
7. Governor of the Central Bank of Nigeria
8. National Security Adviser
9. Chairman, Nigeria Governors’ Forum
10. Governor of Anambra State
11. Governor of Ogun State
12. Governor of Niger State
13. Executive Chairman, Federal Inland Revenue Service
14. Director-General, Budget Office of the Federation
15. GCEO, NNPC Limited
16. Director-General, Nigeria Economic Summit Group
17. Special Adviser to the President on Energy
18. Dr. Bismarck Rewane, Economist
19. Dr. Suleyman Ndanusa, Economist
The establishment of these teams reflects President Tinubu’s commitment to enhancing Nigeria’s economic management architecture and fostering collaboration between the public and private sectors. Over the next six months, the EET will focus on the swift implementation and evaluation of critical economic initiatives, aligning with President Tinubu’s vision for sustainable economic growth and development in Nigeria.