In a bid to address the pressing socio-economic challenges in the country, President Bola Tinubu convened a crucial meeting with key stakeholders including prominent business leaders and state governors in Abuja on Sunday, February 25th 2024.
During the tripartite gathering, President Tinubu met with Governors Charles Soludo of Anambra State and Prince Dapo Abiodun of Ogun State, as well as corporate leaders such as Aliko Dangote, Abdulsamad Rabiu, Tony Elumelu, and Segun Ajayi-Kadir, Director-General of the Manufacturers Association of Nigeria (MAN), reiterated his administration's commitment to implementing effective measures aimed at alleviating the hardships faced by Nigerians.
Acknowledging the severity of the nation's challenges, Tinubu emphasized the importance of collaborative efforts in exploring all possible avenues to mitigate socio-economic burdens. He reassured attendees that the government stands ready to engage with stakeholders across sectors to devise sustainable solutions.
The meeting underscored Tinubu's determination to foster dialogue and cooperation among government officials, industry leaders, and other stakeholders as part of a concerted effort to address the pressing issues confronting the nation and usher in tangible relief for the Nigerian populace.
”Let’s look at what we’re doing right and what we’re doing wrong to bring life back to the economy. Like I said, many times, the people of this country are only the people who we have to please.
”We are very much concerned from students to mothers and fathers, farmers, the traders and realising that everyone of us will have to fetch water from the same well.
”We’re looking for additional efforts that might help the downtrodden Nigerians and we will provide that hope and reassurance that economic recovery is on its way. We are not saying that we have all the answers. But we will not be blamed for not trying. We assure Nigerians that we will do our best to get our marshal plans in place and fashion out the best economic future for this country,” he said.
Soludo also said that the meeting allowed for cross fertilisation of ideas on the state of the economy and the way forward, adding that every Nigerian need to contribute to its growth.
”We have all the potentials and we have all that it takes to make Nigeria ride through these turbulent times and put the economy back on a sustainable growth. I think there is unity of purpose, determination, the sense of patriotism and determination by all to make it happen and by the special grace of God, it’s now the execution, execution execution,” he said.
In the same vein, Prince Abiodun stated that all governors have resolved to join hands with the President to provide the necessary intervention to cushion the effect of the administration’s reforms. He assured Nigerians that government at all tiers would not leave them alone in this trying period, adding that better times are in the offering shortly.
”In my state and in other states, we are bringing in rice, we’re bringing food items and we’re selling at rates that can be obtained before the downslide of the Naira.”
Following the meeting, Dangote revealed that the committee discussed topics including the economy, food security, security, and job development. He expressed optimism that Nigeria and Nigerians have the ability to be great again, noting that the country is on the verge of transformation.
Rabiu, the Chairman of the BUA Group, stated that the meeting focused on concerns concerning the foreign exchange rate and how to lower it.
”We discussed on how to bring the foreign exchange rate down because we all know that what is happening as regards the foreign exchange is artificial, it is manipulative and thank God the CBN is doing quite a lot.”
stated that the multiple discussions and suggestions would transform the country by alleviating poverty, creating jobs, and putting food on Nigerians' tables.
According to Ajayi-Kadir of the Nigerian Manufacturing Association, the private sector is looking forward to putting the meeting's recommendations into effect.
"The issues of foreign exchange, insecurity, and the general working environment were reviewed, and Mr. President assured us that we will soon see some substantial changes. I believe that the private sector will play an important part in the newly created advisory group, and Nigerians should be hopeful that we can find solutions to our problems in the future," he said.
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