FEC unfolds three-year economic revival plan, Tinubu warns ministers


The Federal Executive Council on Monday unfolded a three-year economic revival plan to address the social and economic challenges affecting the country.

The inaugural cabinet meeting, which was held at the council chambers of the Presidential Villa, Abuja, was presided over by President Bola Tinubu, who unveiled his vision for “economic growth, prosperity for all and ending poverty.”

Addressing the ministers, the President admonished them to achieve the first phase of his administration’s eight-point agenda within three years.

He asked the members of his cabinet to work hard to revive the country’s economy because Nigeria is in a difficult time.

The President said the ministers have the capacity to make a difference in the ministries they have been assigned to oversee.

“We shall evolve a homegrown re-engineering of our finances, a reimagined stewardship of our resources, and we will let the economy work for the people of this country.

“There are so many things we can and will do. Yes, some cynics will say it is impossible. But in your own dictionary of service, everything is possible, and it must be possible,’’ he told the ministers and other cabinet members.

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