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Tinubu names Dangote, Elumelu, Rabiu, others in economic committee

President Bola Tinubu has approved the establishment of the Presidential Economic Coordination Council (PECC) and the creation of the Economic Management Team Emergency Taskforce (EET).
According to the Presidency, this is a strategic move to bolster the nation’s economic governance frameworks and ensure robust and coordinated economic planning and implementation.
The PECC comprises distinguished leaders and key government officials, including:
(1) President of the Federal Republic of Nigeria – Chairman
(2) Vice-President of the Federal Republic of Nigeria – Vice-Chairman of the PECC/ NEC Chairman
(3) President of the 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
The statement stated that the PECC will also comprise key members of the organised private sector, with the following members joining for a period not exceeding one year, subject to the President’s directive:
(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
The statement by the President’s spokesperson, Chief Ajuri Ngelale also read: “Furthermore, in his determination to address immediate economic challenges and ensure the streamlined execution of economic strategies, President Bola Tinubu has established the Economic Management Team Emergency Taskforce (EET) with a mandate to formulate and implement a consolidated emergency economic plan.
The taskforce comprises key government officials and industry leaders in furtherance of the President’s collaborative approach toward achieving economic resilience and growth.
The EET is now mandated to submit a comprehensive plan of economic interventions for 2024 to the PECC, covering the next six (6) months, for immediate implementation within two weeks of its inauguration. The EET will meet twice weekly and is composed of the following members:
(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 Economic Management Team, established in October 2023, and chaired by the Coordinating Minister for the Economy and Minister of Finance, serves as the working group under the Presidential Economic Coordination Council (PECC), playing a crucial role in the economic governance structure established by the President.
The EMT traditionally meets monthly or as required, but will now suspend its meetings for the duration of the EET’s mandate (six months). The EMT is composed of the following officials:
(1) Coordinating Minister for the Economy and Minister of Finance (EMT Chairman)
(2) Governor of the Central Bank of Nigeria
(3) Minister of Budget and Economic Planning
(4) Minister of Industry, Trade and Investment
(5) Minister of Communications, Innovation and Digital Economy
(6) Minister of Works
(7) Minister of Labour and Employment
(8) Minister of Agriculture and Food Security
(9) Minister of State, Petroleum Resources
(10) Minister of State, Gas
(11) Minister of Power
(12) Minister of Transportation
(13) Minister of Aviation and Aerospace Development
(14) Minister of Marine and Blue Economy
“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.
“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, is the manifestation of 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 (NEC), which is chaired by the Vice-President.
“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”.
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INEC ought to have archived recall petition long ago-Senator Natasha

Senator Natasha Akpoti-Uduaghan on Thursday hailed the Independent National Electoral Commission (INEC) for rejecting a petition to recall her as the lawmaker representing Kogi Central Senatorial District.
The lawmaker, who was a guest on Channels Television’s Politics Today, said the electoral umpire should have thrown out the petition long before it did on April 3, 2025.
“I’m a lawyer. I’m a senator and I understand how Nigeria works. For me, the most important thing is this recall process has been stalled.
“I give kudos and credit to INEC even though I believe they should have thrown it away from the get-go.
“I think it was void ab initio because there is no law in the Electoral Act that says a petition should be discarded just because there is no address but again, what if the address is false?”
The Peoples Democratic Party (PDP) chieftain argued that most of the addresses provided in the petition for her recall were false because most houses in her district weren’t labelled.
Even though INEC did count 208,000 signatures, I bet you if they had gone into the verification stage, they would have struggled to even have 500 people come out to attest to signing that,” she added.
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We’re putting together new 2025 Budget for Rivers-Ibas

…hosts Delegation Of Rivers NASS Caucus
The Administrator of Rivers State, Vice Admiral (Rtd) Ibok Ete Ekwe Ibas, has said that an appropriation bill for 2025 is being articulated to provide for critical development concerns in healthcare delivery, education, agriculture and infrastructure.
Vice Admiral (Rtd) Ibas also said that the anticipated budget will cater to creating more employment opportunities for Rivers people and advance delivery of technology in critical facets of public life.
The administrator gave the hint when he hosted the delegation of Rivers State caucus at the National Assembly, led by Dr Barinada Mpigi, the Senator representing Rivers South-East District, at Government House in Port Harcourt on Thursday.
Those on the delegation included Senator Allwell Onyesoh, the minority leader of the House of Representatives, Rep. Kingsley Chinda, Hon Dumnamene Dekor, Hon Solomon Bob, Hon Cyril Godwin Hart,
Hon Blessing Amadi, Hon. Felix Nwaeke, Hon Kelechi Nwogu, and Hon Victor Obuzor
Ibas said he has been resolute, since assumption of office, to restore law and order, and with support from the security agencies, an environment has been created where Rivers residents feel valued and safer.
The Administrator stated that the commitment is to make Rivers a model of peace in the comity of States, with a stable economy and citizens courageous to pursue their livelihood without fear or molestation.
“In addition to our peace building efforts, we are also focused on the economic stability and development of Rivers State.
“Since the Supreme Court verdict on the state’s budget, we have acted swiftly and decided to put together a new budget that reflects our commitment to healthcare, education, social services, and continued infrastructural development.
“We have worked diligently to ensure that the process is transparent, inclusive, and most importantly expedited. Our goal is to ensure that we do not lose any more time in making the necessary investments that will improve the lives of citizens.”
Vice Admiral (Rtd) Ibas stated: “The budget which is been finalized focuses on creating job opportunities and investing in key sectors such as agriculture, infrastructure, and technology.
“We understand the urgency of this initiative, and we are committed to ensuring that they are implemented without delay.”
The Administrator noted that to get the task done, the support of the legislators will be required as key representatives of Rivers State in the National Assembly.
He sued for their assistance in securing the necessary resources and legislative backing that would bring the initiative of his administration to fruition.
“Your partnership is critical to success in ensuring that Rivers State remains on the path of progress and enduring peace for future generations.”
He explained that in the face of the challenges that beset Rivers, which led to the State of emergency declared by President Bola Tinubu, dialogue, community engagement and reconciliation were deplored to build trust among the citizenry.
He noted that the people of Rivers State have shown incredible resilience and patience in the efforts taken so far to restore the State back to the path of peace and respect for the law.
Vice Admiral (Rtd) Ibas assured that his administration remains committed to achieving enduring peace for the state.
He said: “Beyond security, we have prioritised community engagements as a central part of our strategy. Dialogue, reconciliation, and inclusivity have been key to building trust among our people.
“We are determined to strengthen the bond of unity in Rivers State and to foster an environment where every citizen feels valued, heard, and respected. Together, we are making strides in ensuring that peace becomes a permanent feature of our state.”
Responding, Senator Barinada Mpigi, representing Rivers South-East District, said they are dedicated representatives of Rivers people at the National Assembly and resolved to support all efforts that will bring development to the State.
While commending the administrator for the modest successes he had achieved so far, Senator Mpigi pledged the support and cooperation of the legislators to ensure the return of the state on the path of law and order.
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Just in: Shettima jets out to attend Senegal’s independence

Vice President Kashim Shettima has departed Abuja for Dakar, Senegal for official assignment.
The VP is expected to represent President Bola Ahmed Tinubu at the West African nation’s 65th Independence Anniversary celebrations.
Senegal marks its Independence Day on April 4 each year, commemorating its liberation from French colonial rule in 1960.
The annual celebration is a significant event featuring national parades, cultural displays, and ceremonies highlighting the country’s achievements and unity.
A statement issued on Thursday by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, said Shettima’s participation followed an official invitation from Senegalese President, Bassirou Diomaye Faye.
This underscored the strong diplomatic and economic ties between Nigeria and Senegal.
The two nations share longstanding relations, particularly within the Economic Community of West African States (ECOWAS), fostering cooperation on regional security, trade, and development initiatives.
The event is expected to reaffirm Senegal’s commitment to democratic governance and regional cooperation.
Vice President Shettima is scheduled to return to Nigeria immediately after the one-day celebrations, continuing his engagements in national development and diplomatic outreach.
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