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EET Presents Emergency Plan For Economic Stability To President Bola Ahmed Tinubu

Published

3 months ago

June 5, 2024

Joel Ajayi

The Economic Management Team’s Emergency Taskforce (EET), established to formulate an immediate action plan required to restore stability, growth, and confidence, in the nation’s economy has developed a comprehensive plan to restore economic stability.

The EET, following its mandate, has identified five key sectors – agriculture, energy, support to businesses, health and social welfare, and macro-fiscal alignment – and proposed necessary interventions to achieve urgent economic stability.

The team comprised participants from the federal government, state governments, and advocacy groups such as the Manufacturing Association of Nigeria and the Nigeria Economic Summit Group to ensure a collaborative approach.

The proposed emergency package, the Accelerated Stabilisation, and Actualisation Plan, has been presented to President Bola Ahmed Tinubu at the Presidential Villa, State House, and Abuja by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun.

During the presentation, the Minister informed that the plan aims to alleviate the impact of price increases on families, farmers, and businesses, in line with the Renewed Hope priorities.

The EET has proposed an emergency package to Mr. President and the Presidential Economic Coordination Council – The Accelerated Stabilisation and Actualisation Plan – which will provide an accelerated response originated from the aforementioned committees.

The Minister informed further that the Plan, in addition to Executive Orders being developed by the Presidential Committee on Fiscal Policy and Tax Reforms to stem inflation, support employment, and promote non-oil exports will bolster the impact of the stabilization plan.

He expressed confidence that the plan developed by the EET will help restore economic stability, promote growth, and improve the overall well-being of Nigerians.

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Nigeria Will Take Good Shape In No Distant Time- Olawande

Published

6 hours ago

September 16, 2024

The Gleamer

Joel Ajayi

The Minister of State for Youth Development, Ayodele Olawande has urged the citizens of the country to be patient with the Administration of President Bola Ahmed Tinubu in transforming the lives of its citizens through various policies and programs of the federal government.

The Minister made this submission while delivering his speech at the Joint Union Negotiating Council’s week of the Federal Ministry of Youth Development branch. This is the first edition since both Ministries of Youth and Sports had been damaged. The JUNC week which was held at Atiku Hall, Office of Head of Civil Service of the Federation in Abuja had its theme: “The working people in a volatile, uncertain, and complex economy”

In the words of the Honourable Minister: “I urge you to be patient with this administration. In no distant time, the country will take good shape and the lives of its citizens will be transformed”.

“President Bola Ahmed Tinubu is not a pauper, he is an acknowledged epitome of wealth, and so it cannot be said of him that he desires to loot the treasury of Nigeria. He has seen money and as a result of this, he is not interested in looting the nation’s treasury”, Olawande explained.

He emphasized that “leadership is all about being committed to serve. If you are a Minister now, tomorrow you will be addressed as a former Minister, likewise a Director because there is no permanent position but the impact that you made while in that office will speak after you”, the Minister reiterated.

Olawande expressed his gratitude to the workers of the Ministry for being supportive of the government policies and programs. He promised that the welfare of the staff would not be compromised, adding that workers deserve remuneration for being hardworking.

Earlier in his address, the Permanent Secretary of the Ministry, Mr. Olubunmi Olusanya admonished the staff of the Ministry to put in their best as “Performance Management System” which replaces APER is the criteria to be used for promotion effective next year. This, according to him is because the Performance Management System (PMS) records the best efforts and input of each staff which will in turn be used to grade such staff.

Olusanya who disclosed that the welfare of the staff is his priority as workers deserve the best for the services rendered. He opined that “the hungry man is angry and as a worker, if you are not treated fairly and properly, it is impossible to get the best out of you. As a result, all staff will be treated properly as motivation to propel the best in you”, he concluded.

The Head of the Civil Service of the Federation, Mrs. Esther Didi Walson-Jack, OON, MNI, in her address, informed that the activity to reinvigorate the Civil Service in a bid to ensure that Civil Servants carry out their duties with much diligence to have efficient and incorruptible civil service is currently on course. She advised workers to wake up and be committed to the service of the nation.

In his closing remarks, Mr. Jerry Akume, the General Secretary of the Union expressed his delight in celebrating this year’s edition of the Union week, while highlighting the achievements of the union so far. These include:

Upward review of staff welfare, prompt payment of repatriation allowances, payment of first 28 days allowance, assistance to the sick, general training of staff, and sending forth/retirement package for retired staff.

He also appealed to the Management of the Ministry, saying that irrespective of the aforementioned achievements, a lot still needs to be done in such areas as procurement of staff buses, upward review of welfare payment for festive periods, consistent general staff training, and procurement of office and work materials.

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