REJUVENATING THE NIGERIAN ECONOMY: THE PRESIDENTIAL ECONOMIC COORDINATING COUNCIL INITIATIVE.

249TH EDITION OF BUSINESS AND ECONOMY LIVE PROGRAMME FOR MONDAY 15TH.JULY, 2024.
TOPIC: REJUVENATING THE NIGERIAN ECONOMY: THE PRESIDENTIAL ECONOMIC COORDINATING COUNCIL INITIATIVE.
INTRO:
This is another interesting episode of your regular programme, Business and Economy where we focus on the performance of global economy, with reference to Nigerian,
I am ILE EMEJE.
As part of determination to rejuvenating the Nation's economic growth and development, President Bola Ahmed Tinubu unfolds multifaceted plans to ensuring adequate and sustainable development across the real sectors of the economy.
President Tinubu recently in Abuja announced this to the National Economic Council, acknowledged that, the multi-dimensional measure is aimed at tl stabilizing the economy, enhance job creation, and foster economic security.
He explained that the measures under the Economic Stabilization Programme will run concurrently with the National Construction and Household Support Programme.
While Inaugurating the Committee on the Presidential Economic Coordinating Council, the President affirmed that the measures will include the real sectors of :
- Energy Security,
- Agriculture and Food Security,
- Health and Social Welfare,
AND,
- Fiscal Measures
The Presidential Economic Coordinating Council has members from the government and the Organized Private Sector.
Members of the Organized Private Sector are :
Alhaji Aliko Dangote; Mr. Tony Elumelu; Alhaji Abdul Samad Rabiu;
Ms. Amina Maina, Mr.Wale Tinubu.
Mr. Segun Ajayi-Kadir; and ,Dr. Funke Opeke.
Others include:
Dr. Doyin Salami;
Mr. Patrick Okigbo; Mr. Kola Adesina;
Mr. Segun Agbaje;
Mr. Chidi Ajaere;
Mr. Abdulkadir Aliu; and,
Mr. Rasheed Sarumi.
Today on the Programme, Economic Analyst Mr Abraham Olakpade is joining us to discuss on the need to rejuvenating the Country's economy through the newly inaugurated Presidential Economic Coordinating Council (PECC).
We will be back right after the Business News.
Stay with us!
My guest,an Economic Analyst,Mr Abraham Olakpade is here, and, will be taking us through the economic stabilization initiative of the President, through the newly inaugurated PECC.
We will be running a series on the PECC measures with the Energy Security in view on today's episode because of the limited time.
Mr.Olakpade, you are welcome to the Programme.
1. Our President, President Bola Ahmed Tinubu is such a lovable, sociable, and easy going man who is not known to be a high headed person. Unfortunately,many Nigerians are groaning under his administration.
- what do you think is responsible ?.
- you mean the policies are meant to punish Nigerians?
- Is there anything he knows about the economy as the sitting President that he does not want to disclose to the generality of Nigerians?
2. Recently, the President inaugurated the PECC to rejuvenate and stabilize the economy in what look like a reform in the 4 major sectors of the economy, including : Energy, Agriculture,Health, and Fiscal policies.
Now, we will dwell on the Energy Sector in this episode .
- And,The question to ask now is:
- what is the President going to do differently in the Energy Sector which was not done before without a result?
- Has the President evaluated the enormous corruption, and has he developed a strong political will to confront the Cabal in the sector that has held Nigeria over the years?.
3. As it is today, Nigeria cannot say with certainty how much barrels of crude produced per day , and how much of it is stolen to various Countries abroad.
- What measures can the President put in place to ascertain this reality, and put a stop?
4 . In a Country where employment is based on sentiment and not intelligence and skills as we can find them in the Energy Sector.
- Can the President be strong enough to sanitize and get rid of those hoodlums, and bring in the relevant and incorruptable professionals in the Energy sector ?
BREAK:
Incase you just tune in, we are making an analysis of the newly inaugurated Presidential Economic Coordinating Council of President Tinubu to stabilize the Domestic economy.
Our guest is an
Economic Analyst,Mr. Abraham Olakpade .
5. Mr.Olakpade,It has always been reported that there has been a massive stealing of our crude Oil. This cannot be perpetuated by the ordinary Nigerians but by those with technical knowledge in collaboration with security agencies, and the powerful Nigerians.
- In which way can this menace be handled?
6. Nigeria is the only Oil producing Country but cannot refine.
- The question is, why is our Refinery shut down?.
ROUNDING :
That is how far we can go on this episode.
The guest has been an Economic Analyst Mr. Abraham Olakpade.
Mr.Olakpade, thank you for coming on the Programme.
And to you out there our esteemed audience, we also appreciate you for investing your time with us.
I am ILE EMEJE saying, have a great week ahead.
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