The President has set up an Economic Sustainability Committee chaired by Vice President @ProfOsinbajo, to develop a comprehensive economic plan to respond to the disruptions and dislocations caused by the #Covid19 pandemic:
The President has also set up a Presidential Task Force on #Covid19, chaired by the Secretary to the Government of the Federation, Boss Mustapha. National Coordinator is @DrSaniAliyu. #PTFCOVID19 is coordinating Nigeria’s multi-sectoral inter-governmental approach to #COVID19.
The Federal Government of Nigeria @NigeriaGov has rolled out several measures and directives on healthcare, border security, and fiscal and monetary policies in response to the pandemic. More measures are coming.
State Governments are also being encouraged to rollout stimulus packages aimed at helping Nigerians—especially the poor & vulnerable—cope with these challenging times. To set an example, the President directed the release of 70,000MT of grain from the National Strategic Reserves.
The 70,000MT of grain will be distributed across the country, with a focus on the frontline states of the #COVID19 pandemic.
The President also set up a Committee made up of the Minister and Minister of State @FinMinNigeria, Minister of State @FMPRng, Governor @cenbank and GMD @NNPCgroup, to assess the impact of #Covid19 on the 2020 Budget and to recommend appropriate, immediate response strategies.
This Committee has since received Presidential approval for the following measures, relating to a @NigeriaGov Stimulus Programme as well as a revision of the 2020 Budget: statehouse.gov.ng/wp-content/upl…
