Mr Aliko Dangote, says Nigeria has all it takes to turn its economy around within months.
Aliko Dangote, President of Dangote Industries Limited, expressed optimism about Nigeria’s economic prospects during a briefing on Thursday after President Bola Tinubu inaugurated the Presidential Economic Coordination Council (PECC).
The PECC, a body comprised of government officials, private sector leaders, and consultants, is tasked with developing strategies to address Nigeria’s current economic challenges.
Dangote, alongside other prominent figures like Tony Elumelu (UBA Chairman) and Bismarck Rewane (CEO, Financial Derivatives), will contribute their expertise to the council’s efforts. The council is expected to meet monthly and report its progress to the president.
Dangote commended President Tinubu’s initiative, believing it will lead to a more robust economy for the nation and its people.
He said members of the council from the private and public sectors would sit regularly to advise the government on the kind of policies that the government should roll out.
“Most of these things, we have them, there are already been discussed over and over again, it is a matter of implementation. I think the choice of people that are on the PECC, they are good enough to be able to advise the government on how to implement the policies,” said Dangote, who is Africa’s richest man.
“The private sector will do its bit which is to invest heavily and create jobs. Government don’t create jobs, what they do is to give us the right policies. We have all these policies.
“I keep saying our issues are not that bad, this economy can be turned around within a few months and I think we are on that way. I thank the President for inaugurating this Council.
“We will start working immediately and I can assure you (that) you will see a lot of changes coming. We have what it takes to turn around this economy. We are going to work hard to make Nigerians proud.”
Nigeria is battling inflation, high cost of living, and other economic crises sparked by the government’s twin policies of petrol subsidy removal and unification of forex windows.
