A review of the 2020 budget over the coronavirus outbreak has been demanded by the Presidential Economic Advisory Council (PEAC).
The council, led by Presidential Economic Advisory Council (PEAC), made this call during a meeting with President Muhammadu Buhari today in Abuja.
Buhari at the meeting had stated that the Economic problems the country is likely to see in the wake of Coronavirus pandemic has been foreseen and all alternatives would be taken to protect citizens.
Buhari said many variables, including production cost and political impact, determine oil prices, “and we will see how to survive fallen prices, as we already envisaged the problem.”
The President explained that protecting the people from vagaries of international economic fortunes, and associated fallen prices of oil, is a priority of government, “and we will do our best to do so.”
On education and healthcare, the Nigerian leader stated that if people were adequately educated, “they won’t accept any form of mismanagement by leadership, nor would they allow themselves to be manipulated by those promoting ethnic and religious sentiments.”