STATE HOUSE PRESS RELEASE
POST-COVID-19: WHAT PRESIDENT BUHARI IS DOING, AND WILL DO, BY PRESIDENCY
#Thread
POST-COVID-19: WHAT PRESIDENT BUHARI IS DOING, AND WILL DO, BY PRESIDENCY
#Thread
An economic team, headed by the Minister of Finance, Budget and National Planning @FinMinNigeria has been set up to examine the impact of #COVID19 on the economy.
Economic Sustainability Committee headed by Vice President @ProfOsinbajo to define a post-COVID-19 economy for Nigeria.
The 2020-2022 Medium Term Expenditure Framework and the Budget 2020 assumptions and targets have already been revised.
Extant financial controls are to be strengthened to detect, eliminate and sanction instances of waste, funds misappropriation and corruption.
Expansion of the National Social Investment Programme @NSIP_NG
A Fiscal Sustainability Plan to complement the suite of monetary and banking interventions recently announced by the Central Bank of Nigeria @cenbank
A massive Special Public Works program is being put together, that will hire 774,000 young, unemployed Nigerians (1,000 per LGA) for short-term labour in rural infrastructure, extension services, environmental sanitation etc.
