President Bola Tinubu announced an overhaul of Nigeria's economic governance.
Tinubu, who took office last year, inherited an economy struggling with record debt, high unemployment, low oil output, and power shortages that have crimped growth.
Central to the economic management structure is the creation of the Presidential Economic Coordination Council , chaired by Tinubu himself, his spokesperson Ajuri Ngelale said in a statement. For immediate economic challenges, the president set up the Economic Management Team Emergency Task force which is headed by Finance Minister Wale Edun.
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