Connect with us

News

Tinubu establishes 31-member economic coordination council, management task force

Published

on

 

President Bola Tinubu has established the Presidential Economic Coordination Council comprising himself, the Vice President, Senate President and the Chairman of the Nigerian Governors Forum among 27 others.

Wednesday’s move is “in furtherance of his administration’s efforts at re-engineering the nation’s economic governance framework,” the Presidency said in a statement signed by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale.

 

The statement is titled ‘President Tinubu establishes comprehensive economic coordination and planning system for Nigeria.’

 

The PECC also comprises members of the organised private sector who would serve for one year.

1
Tinubu’s new formation also includes 19 other persons to serve on the Economic Management Team Emergency Taskforce, which was approved by the Federal Executive Council on Monday.

Ngelale, who announced the economy-focused initiatives, said the setting up of the PECC and the EET is a strategic move to ensure robust and coordinated economic planning and implementation.

 

Members of the PECC include President Tinubu as Chairman, Vice President Kashim Shettima as Vice-Chairman; President of the Nigerian Senate; Chairman, Nigeria Governors’ Forum; Coordinating Minister for the Economy and Minister of Finance; Governor of the Central Bank of Nigeria; Ministers of Agriculture and Food Security; Aviation and Aerospace Development and Budget and Economic Planning.

 

Others include Ministers of Communications, Innovation and Digital Economy; Industry, Trade and Investment; Labour and Employment; Marine and Blue Economy; Power; State, Petroleum Resources; State, Gas; Ministers of Transportation and Works.

READ  President is not a magician, says Remi Tinubu

 

The 13 members representing the organised private sector for one year include Chairman of Dangote Group, Aliko Dangote; UBA Chairman, Mr. Tony Elumelu; BUA Founder, Abdulsamad Rabiu, Ms. Amina Maina, Mr. Begun Ajayi-Kadir, Mrs. Funke Okpeke and Dr. Doyin Salami.

 

Other private-sector members of the PECC are Mr. Patrick Okigbo, Mr. Kola Adesina, Mr. Segun Agbaje, Mr. Chidi Ajaere, Mr. Abdulkadir Aliu and Mr. Rasheed Sarumi.

 

Meanwhile, President Tinubu also established the Economic Management Team Emergency Taskforce, which Ngelale said is in his determination to “address immediate economic challenges and ensure the streamlined execution of economic strategies.”

 

The EET will is mandated to formulate and implement a consolidated emergency economic plan in “furtherance of the President’s collaborative approach toward achieving economic resilience and growth.”

 

Members include the Coordinating Minister of the Economy and Minister of Finance who serves as Chairman, Minister of Budget and Economic Planning, Minister of Power, Minister of Agriculture and Food Security, Coordinating Minister of Health and Social Welfare, and Minister of Industry, Trade and Investment.

 

Others are the Governor of the Central Bank of Nigeria, National Security Adviser, Chairman, Nigeria Governors’ Forum, Governor of Anambra State, and Governor of Ogun State.

READ  Tinubu grants 50% discount on road fares, free train trips till Jan 4

 

The Governor of Niger State, Executive Chairman, Federal Inland Revenue Service, Director-General, Budget Office of the Federation, GCEO, NNPC Limited, Director-General, Nigeria Economic Summit Group, Special Adviser to the President on Energy, Economists, Dr. Bismarck Rewane and Dr. Suleyman Ndanusa are also members.

 

On its operations, Tinubu mandated the 19-member team to meet twice weekly and submit a comprehensive plan of economic interventions for 2024 to the PECC.

 

The plan covering the next six months will be due for immediate implementation within two weeks of the EET’s inauguration.

 

“Over the next six months, the EET will focus on the rapid implementation, monitoring, and evaluation of critical initiatives, strengthening the Tinubu-led administration’s collective approach to advancing Nigeria’s economic objectives,” said the Presidential Spokesperson.

 

Ngelale also revealed that the Economic Management Team, established in October 2023, and chaired by the Coordinating Minister for the Economy and Minister of Finance, Wale Edun, will serve as the working group under the PECC, “playing a crucial role in the economic governance structure established by the president.”

 

Consequently, the Economic Management Team, which traditionally meets monthly or as required, will suspend all meetings for the duration of the EET’s six-month mandate.

READ  JUST IN: Reps confirm appointment of service chiefs

 

The EMT comprises the Coordinating Minister for the Economy and Minister of Finance, who served as its Chairman, Governor of the Central Bank of Nigeria, Minister of Budget and Economic Planning, Minister of Industry, Trade and Investment, Minister of Communications, Innovation and Digital Economy, Minister of Works, and Minister of Labour and Employment.

 

Other members are the Minister of Agriculture and Food Security, Minister of State, Petroleum Resources, Minister of State, Gas, Minister of Power, Minister of Transportation, Minister of Aviation and Aerospace Development, and Minister of Marine and Blue Economy.

 

The presidential spokesman explained that “The Chairman of the EMT may, as needed, call on any Federal Minister or Head of Agency to brief the EMT on key programmes and developments affecting the economy.”

 

He noted that the President’s formation of the PECC, under his Chairmanship, alongside the creation of the EET, led by the Chairman of the EMT, and the EMT itself, manifests a unified strategy aimed at enhancing Nigeria’s economic management architecture for verifiably improved performance.

“The formation of these teams will complement existing economic governance structures, including the National Economic Council, which is chaired by the Vice-President,” the statement said.

Continue Reading
Click to comment

Leave a Reply

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

News

Kano anti-graft agency files fresh charges against Ganduje

Published

on

By

 

The Kano state anti-corruption and public complaints commission says it has brought fresh charges against Abdullahi Ganduje, national chair of the All Progressives Congress (APC).

Appearing on Sunrise Daily, a Channels Television programme, on Tuesday, Muhuyi Magaji, chair of the anti-graft agency, said the commission is investigating a case where N51 billion was allegedly diverted by the Ganduje administration.

Ganduje was governor of Kano from 2015 to 2023.

 

Magaji said during the twilight of the Ganduje administration, N1 billion was withdrawn from the state’s accounts for rehabilitation of roads, but that the sum was allegedly diverted.

 

“What is happening now is a tip of the iceberg,” he said.

 

“As I am talking to you, we are investigating a case whereby N51.3 billion local government funds were directly taken from the government coffers (and) sent to other individuals, and we traced it to people.

 

“We have piled a series of cases. We have a case whereby N1 billion in April last year (2023) was removed from government coffers under the allocation of renovating 30 roads in the metropolis and it was taken away, sent to Bureau de Change.

READ  What happens to Gbaja’s rep seat now that he’s COS?

 

“We have a case of N4 billion whereby it was sent from the consolidated revenue account of Kano state to an agricultural company. All these cases are before the court.”

 

The chair said the commission is not driven by politics and is dedicated to the fight against corruption.

 

“Incidentally, His Excellency, the former governor, was the one that appointed me in 2015 to head the agency and I was re-appointed in 2020 for another five-year term,” he said.

 

“Basically, we have an institution in the Public Complaints and Anti-Corruption Commission (PCACC) that is devoid of political activities and dedicated to fight corruption, check maladministration and fight injustice.”

It was learnt that a formal invitation will be extended to the former governor.

 

On Monday, executives in Ganduje’s APC ward in Kano suspended the former governor from the party over corruption allegations.

 

Soon after, however, the APC in Kano nullified the suspension and handed the executives behind the move a six-month suspension from the party.

READ  NDLEA intercepts Australia-bound Meth consignments concealed in cornflakes packs at Lagos airport

Continue Reading

News

Testimony controversy: After backlash, Enenche apologises, meets Abuja testifier

Published

on

By

 

The woman who was accused of lying while giving testimony at the Dunamis International Gospel Centre, Abuja, Vera Anyim, has said she bears no grudge against the church.

 

This followed the controversy that trailed the treatment that was meted out to her by the church’s Senior Pastor, Dr Paul Enenche, on Sunday.

 

In a video that emerged online, Anyim, during her testimony in the church, said she graduated with a “Bsc in Law” from the National Open University of Nigeria.

 

She was however interrupted by Enenche who said she was lying. The pastor also questioned the credibility of the woman’s testimony while he chided her on how she spoke.

Enenche who said there was nothing like “Bsc in Law” immediately asked her to leave the pulpit.

 

The action however generated a flurry of reactions as netizens demanded an apology from the cleric.

 

But Anyim, in a post on her Facebook page on Monday, said she had put the situation behind her.

 

She made the statement after meeting Enenche and his wife, Becky.

Sharing photos from the meeting, she wrote, “I want to inform the whole world that I just had a warm meeting with my spiritual father and mother, Dr Paul Enenche, and Dr Becky Enenche.

 

“I don’t have any grudge against the church or them. I remain committed to serving God as a member of Dunamis Church.

READ  ‘A man of absolute integrity’ — Tinubu hails Buhari at 81

 

“I am thankful for the concern of the public.

 

“I have put the situation at my back, and I have moved forward, and I want everybody to do the same. Peace.”

 

The church in a statement on Monday said it reached out to Anyim over the issue, while it explained that concerns arose during her testimony at the Glory Dome on April 14, 2024, regarding her language proficiency and the clarity of her academic credentials.

 

It stated that her speech suggested a level of English proficiency below what might be expected of a university graduate, particularly one with a Law degree, while noting that discrepancies also emerged regarding the nature and duration of her academic pursuit, raising doubts about the legitimacy of her qualifications.

 

The statement added that the Senior Pastor’s actions stemmed from a commitment to upholding standards of excellence and integrity within the church community.

 

The statement read, “A scenario was created on Sunday the 14th April, 2024 at the Glory Dome, the Global Headquarters of Dunamis International Gospel Centre, when Ms Anyim Veronica Nnenna came out to testify of how God helped her graduate from the university, thus making her the first person to attain that feat in her family.

 

“These were the immediate triggers for the said scenario: First, listening to the testifier’s expressions as it borders on basic spoken English, conveys the impression that the minimum standard expectation of a graduate, especially a graduate of Law was not met.

READ  He lived to tell the story: How terrorists attacked Owo church - Priest

“Second, stating that she studied Law for 10 years begged the question of what her degree actually was.

 

“Third, she was unable to state exactly what the correct degree was for Law which is LLB, rather she said it was a BSc in Law which is largely unknown as a Law degree in Nigeria and possibly globally.

 

“These prompted the Senior Pastor. Dr. Paul Enenche, to stop the testimony immediately as a product of a ‘lie.’ However, relief came when it was later confirmed that she actually graduated from a university.

 

“It must be pointed out clearly here that embarrassing the testifier publicly with the attendant media frenzy was never intended; whatever happened was under the spur of the moment.”

 

The church disclosed further that the Senior Pastor was rather based on his and the church’s aversion to seeming mediocrity and any appearance of untruth.

 

“While we remain resolute in our passion for excellence, intolerance of mediocrity and falsehood, we wish to reiterate the fact that no harm or hurt was ever intended by the Senior Pastor against Ms. Anyim Veronica. The Senior Pastor feels deeply concerned and had already reached out to her.

READ  NDLEA intercepts Australia-bound Meth consignments concealed in cornflakes packs at Lagos airport

 

“As a commission, we regret every inconvenience, hurt, and embarrassment this unfortunate scenario has caused to Ms Anyim Veronica Nnenna. We remain committed to her physical welfare as well as her spiritual growth. God bless us all,” the statement added.

 

Some photos confirming that the woman graduated from NOUN were discovered on her Facebook page and shared online.

 

Reacting earlier to the treatment meted out to her, Vera lamented that she was disgraced and labelled a liar by her spiritual leader because she couldn’t speak English and mistakenly said B.Sc instead of LLB.

 

In a post on her Facebook page on Monday, she stated that she graduated with a 3rd class from NOUN and was no. 2262 on the list of graduates from the school.

She wrote: “It’s disheartened because I couldn’t speak English like lawyers. I was labelled a liar for mistakenly saying B.Sc instead of LLB. Actually, I graduated with a Third Class at NOUN. The rejected stone can become the cornerstone. We’re reminded not to look down on anyone.

 

“You can’t imagine what I endured throughout the service. How shattered I must have felt to be disgraced by my spiritual leader in such a manner? I am no. 2262 on the list. I, Vera, deserve better now.

“The Devil came to steal my testimony but Jesus said NO!,” she stated in a separate post.

Continue Reading

News

Sack non-performing appointees, review your policies, El-Rufai tells Tinubu

Published

on

By

 

Former governor of Kaduna, Nasir el-Rufai, says President Bola Tinubu should sack appointees in his cabinet who do not deliver on their mandate.

 

El-Rufai, who spoke in Maiduguri, Borno state capital, on Monday, urged Tinubu to look into the possibility of adjusting some of his policies that are not yielding expected results.

 

“You appointed a person into a position and he is not working according to the expectation, you should have the humility to tell him that I need a better person, go and do something else,” NAN quoted him as saying.

 

The former governor urged Nigerians to pray and assist the administration in its efforts to make things better.

 

“What we must do as citizens is to pray for our leaders for God to guide them to see or do what is right,” he said.

 

“For God to give them the humility to reverse themselves when necessary and do the right thing; that’s how society progresses.”

READ  Again, court orders remand of EFCC chair over contempt

Continue Reading

Trending News