President Muhammadu Buhari Thursday directed the Federal Ministry of Finance and National Planning to pay workers’ salaries.
The President also directed the Ministry to ensure that critical infrastructure like roads and rails are protected and as much as possible, use local inputs so that the country retains value within her economy.
Buhari further directed that measures that protect the poor and the vulnerable should be put in place.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, who heads the Presidential Committee to Review the Impact of Coronavirus on the economy, made the disclosure while fielding questions from State House Correspondents.
She said the committee briefed the President on current happenings around the world due to Coronavirus and the impact on the nation’s economy.
Minister of State Petroleum Resources, Timipre Sylva, who is also a member of the Committee, said the economy is not in the best of shape due to Coronavirus and oil prices are collapsing every day, hence the need for the President to be constantly briefed.
Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, said the economy is not looking as simple as everyone thought it would be.
Other members of the committee are Minister of State, Budget and National Planning, Clement Agba and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari.