Nigerian Govt Secretly Consults Ngozi Okonjo Iweala, Other experts on the Nation's Economy

ABUJA – In a bid to strengthen the economy, President Buhari’s Economic Management Team met with top economists and financial experts in Abuja on Tuesday in its consultations towards tackling the country’s economic recession.

 

The team also reached out to the former finance minister, on how she managed the economy at her time. Some delegate of the finance ministry was in the United States to seek her Advise.

 

The meeting in Abuja was presided over by Vice President Yemi Osinbajo, had in attendance Bismarck Rewane, Akpan Ekpo, Ayo Teriba, Badeye Sani and Bode Augusto.

The Minister of Budget and National Planning, Udoma Udo Udoma, told State House Correspondents after the meeting that the economic team was in the middle of consultations to develop a mid-term economic framework.

He said the experts made presentations to the Economic Management Team on their response to the draft Medium Term Economic Framework (MTEF), which was still a consultative document.

“It is part of a comprehensive consultation process that we are embarking on to make sure that we reach out to a wide spectrum of Nigerians to get a feed back in terms of how best to make sure that we come out of this recession.

“That we get the best possible MTEF (Medium Term Economic Framework).

“The Fiscal Responsibility Act requires us to do so.

“On Thursday, we will be meeting in Lagos with private sector to continue with the consultations,’’ Mr. Udoma said.

He acknowledged that the Economic Team had met with some Non-Governmental Organisations (NGOs) last week and would hold similar consultations with members of the organised private sector.