Osinbajo’s committee, PEAC discuss economic fallout of COVID-19 pandemic



The Economic Sustainability Committee (ESC) headed by Vice President Yemi Osinbajo on has met members of Presidential Economic Advisory Council (PEAC) to discuss the economic fallout of COVID-19 pandemic.

Osinbajo’s spokesman, Laolu Akande, a statement on Thursday Abuja, said PEAC was invited the aim of getting its inputs the ESC’s forthcoming report to the President.

The meeting was anchored via videoconferencing from the Presidential .

The ESC, constituted by President Muhammadu  Buhari  on March 30, was tasked to a clear   until 2023.

“The goals of the include stimulating significant local production, save jobs and creating new ones.

“It also involves protecting the most vulnerable and the working poor; turning the current challenges great opportunities for Nigerians and Nigeria line the President’s vision.

“Besides members of the ESC and PEAC, several were also part of the videoconference.

“ESC’s engagement with the PEAC creates synergy and coordination as Nigeria confronts what is clearly a serious economic situation,’’ he said. (NAN)