As the novel Corona Virus Pandemic continues to affect the economies of nations across the globe, the Vice President of Nigeria, Prof. Yemi Osinbajo, SAN, has left no stone unturned to ensure that the black most populous country, Nigeria, sustains its economy. Osinbajo on Tuesday, held meetings via video conferencing with representatives of the World bank as well as the International Monetary Fund over its possible collaboration with President Buhari’s Forthcoming Additional Economic Stimulus Packages.
It could be recalled that a Seven-Man Economic Sustainability Committee (ESC) headed by Vice President Yemi Osinbajo, SAN, was set up by President Muhammadu Buhari as a response to the recent challenges in the economic front resulting from the fall in the prices of oil in the international market as well as the disruptive impact of the pandemic that has disrupted the global economy.
Other members of the committee include: Ministers of Finance, Budget and Planning; Industry, Trade and Investment; Labour and Employment; Minister of State Petroleum Resources; CBN Governor; NNPC Group Managing Director and Permanent Secretary, Cabinet Secretariat who serves as secretary of the committee.
Acting in his capacity as the Chairman of the ESC, Prof. Yemi Osinbajo, SAN, major focus has been on seeking ways to protect jobs and also create new ones after the coronavirus pandemic.
Speaking on Tuesday, through his official twitter handle, the spokesman of Vice President, Mr. Laolu Akande said:
“VP Osinbajo has been busy today holding videoconference-based meetings with IMF & World Bank representatives on how the agencies can collaborate with President Buhari’s forthcoming additional economic stimulus packages. Video shows just concluded meeting with World Bank Ngr reps”.
The Osinbajo- led Committee now sits regularly every week to articulate policy measures to address emerging challenges due to the pandemic.