President Bola Tinubu has established a tripartite economic advisory committee as part of his initiatives to stabilize Nigeria’s economy.
The committee, comprising representatives from the Federal and State governments as well as the Organized Private Sector, was formed during a meeting with key stakeholders at the State House in Abuja on Sunday.
Tinubu emphasized the importance of addressing the economic challenges faced by Nigerians, stating, “We are committed to revitalizing the economy and improving the livelihoods of our citizens. Our focus is on students, mothers, fathers, farmers, traders, and every Nigerian who relies on a robust economy for their well-being.”
He underscored the need for collaborative efforts to uplift the less privileged and instill hope in Nigerians for economic recovery. While acknowledging that solutions may not be immediate, Tinubu stressed the importance of proactive measures.
The private sector members include prominent figures like Africa’s richest man Aliko Dangote, Chairman of BUA Group Abdulsamad Rabiu, former Governor of the Central Bank of Nigeria Chukwuma Soludo, among others.
Dangote highlighted that discussions centered on critical economic issues such as food security and job creation. The committee aims to address these challenges through strategic recommendations and interventions.
Soludo emphasized the committee’s commitment to regular meetings and providing actionable recommendations to the President on economic matters. This collaborative effort reflects a concerted approach to addressing Nigeria’s economic concerns and fostering sustainable growth.