The Federal Executive Council has unfolded a three-year economic revival plan to address the social and economic challenges affecting the country.

Briefing journalists at the end of the FEC meeting, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, explained that the Tinubu administration met a very bad economy with inflation at 24 percent.

The minister also said that the Federal Government was not in a position to borrow money at this time, adding the emphasis is on how to create a macro-economic environment where both local and foreign investors will invest and increase production.

He noted that the job is now to work out plans to actualize the eight point agenda of the president.