In a proactive move to tackle the prevailing economic hardships in the country, President Bola Tinubu announced the creation of an Economic Advisory Committee during a crucial meeting with key stakeholders at the State House in Abuja on Sunday evening.
The committee is set to include representatives from the federal government, sub-national entities, and the private sector, marking a collaborative effort to navigate and resolve economic challenges.
President Tinubu, addressing the stakeholders, outlined the committee’s overarching goal to contribute “additional efforts” aimed at stabilizing the economy and securing the “best economic future” for the Nigerian populace. Emphasizing the importance of addressing both successful and problematic aspects of economic strategies, he expressed a commitment to evaluating the nation’s economic landscape comprehensively.
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During the meeting, President Tinubu stressed the need to assess current approaches and make informed decisions to revitalize the economy. He underscored the significance of considering the diverse needs of Nigerians, encompassing students, parents, farmers, and traders, recognizing that all citizens share a common reliance on the country’s economic well-being.
President Tinubu highlighted the collective responsibility to provide hope and reassurance to the downtrodden Nigerians, assuring that efforts would be intensified to signal economic recovery. While acknowledging that no single entity possesses all the answers, he pledged a commitment to proactive measures, ensuring that the government would not be faulted for a lack of effort.
In his concluding remarks, President Tinubu assured Nigerians that the committee’s focus is on formulating a comprehensive economic recovery plan. He stated, “We are not saying that we have all the answers. But we will not be blamed for not trying. We assure Nigerians that we will do our best to get our marshall plan in place and fashion out the best economic future for this country.”
The establishment of the Economic Advisory Committee reflects a strategic and collaborative approach to addressing economic challenges, signaling the government’s commitment to proactive measures and inclusive decision-making in the pursuit of economic recovery and growth.