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- President Muhammadu Buhari has received the ambitious economic recovery strategy report prepared by his Economic Management Team, EMT, to steer the nation off recession.
- The multi-prong strategy, which was prepared by the EMT, in collaboration with the Ministries of Budget and National Planning, Finance, the Presidency and the Central Bank of Nigeria, is to enable the President appreciate the Economic Recovery and Growth Plan, ERGP, before setting out to present it to Nigerians next month.
- It was gathered that the ERGP is hinged on five key sectors, namely, macroeconomic policy, economic diversification and growth drivers, competitiveness, social inclusion and jobs, and governance and other enablers.
- A top source, who is privy to the ERGP, confirmed that President Buhari had received the document with a high level of appreciation to the EMT and would gladly make it public early next month, Vanguard confirmed.
- ”Given the current challenging economic environment, the government will consider setting up a special delivery unit (with a “war room”) to drive the implementation of the ERGP.”
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