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Tinubu Establishes Tripartite Economic Advisory Committee to Tackle Nigeria’s Economic Challenges

The Federal Government has approved the disbursement of N25 billion through the Basic Health Care Provision Fund (BHCPF) to bolster healthcare infrastructure in states.

President Bola Tinubu has taken a significant step towards stabilizing Nigeria’s economy by establishing a tripartite economic advisory committee. 

The committee, comprising representatives from the Federal and State governments, as well as the Organised Private Sector, was unveiled during a meeting convened by the President at the State House in Abuja on Sunday.

During the meeting, President Tinubu emphasized the importance of addressing the economic challenges facing Nigerians, stating, “We are doing what we can to bring life back to the economy.” He underscored the government’s commitment to improving the lives of all citizens, from students to farmers, and expressed optimism about the country’s economic recovery efforts. He acknowledged the complexity of the issues but emphasized the government’s determination to find solutions.

Prominent members of the private sector, including Aliko Dangote, Abdulsamad Rabiu, and ex-CBN Governor Chukwuma Soludo, are part of the committee.

Dangote highlighted that the discussions focused on critical areas such as the economy, food security, and job creation. He stressed that the committee’s mandate is to address these pressing issues comprehensively.

Governor Soludo affirmed that the committee would convene regularly to deliberate on economic matters and provide recommendations to the President. The establishment of this advisory committee underscores President Tinubu’s proactive approach to addressing Nigeria’s economic challenges and fostering sustainable growth and development.

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