Nigeria’s Economy Can Be Turned Around In Months, Says Dangote

 

Dangote praised the president Bola Tinubu’s initiative, saying it would improve the country’s economy and the well-being of the Nigerian people

President of Dangote Industries Limited, Mr. Aliko Dangote, has expressed confidence in Nigeria’s ability to transform its economy within months.

The billionaire industrialist made this statement on Thursday while briefing State House reporters following the inauguration of the Presidential Economic Coordination Council (PECC) by President Bola Tinubu.

The PECC is tasked with devising strategies to navigate the current economic situation in the country and is comprised of government officials, top private sector players, and consultants, including Dangote; Chairman of the United Bank of Africa, Mr. Tony Elumelu; and Chief Executive Officer of the Financial Derivatives Company Limited, Bismarck Rewane.

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Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, mentioned that the Council will convene regularly and provide monthly reports to the President.

Dangote commended the president’s initiative, stating that it would enhance the country’s economy and the well-being of the Nigerian populace.

He also emphasized that council members from the private and public sectors would convene regularly to offer advice on the government’s policy direction.