Dangote, Elumelu Join Tinubu’s Initiative to Inject ₦2 Trillion Into Nigeria’s Economy

President Bola Tinubu has inaugurated the Presidential Economic Coordinating Committee to boost Nigeria’s economy. Key figures, including Aliko Dangote and Tony Elumelu, will inject over ₦2 trillion into sectors like health and energy.

President Bola Tinubu has launched the Presidential Economic Coordinating Committee aimed at revitalizing Nigeria’s economy swiftly.

The committee, featuring prominent figures like Aliko Dangote and Tony Elumelu, plans to inject over ₦2 trillion into sectors like health, energy, and social welfare. This initiative, inaugurated at the Presidential Villa in Abuja, underscores efforts to combat inflation and address economic challenges faced by Nigerians.

During the inauguration ceremony at the Presidential Villa in Abuja on Thursday, Tinubu directed the allocation of specific funds: ₦250 billion for Health and Social Welfare and ₦500 billion for Energy and Power, among other economic support measures.

These initiatives are likely in response to the current inflationary trends that have sparked widespread complaints among Nigerians.