According to Punch, Aliko Dangote, Chairman of the Dangote Group, has expressed optimism that Nigeria's economy can be turned around in a few months. Speaking after the inauguration of the Presidential Economic Coordination Council (PECC) by President Bola Tinubu, Dangote emphasized the need for collaboration between the public and private sectors to achieve this goal.
The PECC, comprising 31 members, includes top government officials and private sector players like Dangote, Tony Elumelu, and Abdulsamad Rabiu. The council aims to strategize a way out of the current economic situation in the country.
Dangote, Africa's richest man, stressed that the private sector is committed to investing heavily in job-creating initiatives. He believes that the issues facing the economy are not insurmountable and can be addressed through the right policies and collaboration.
President Tinubu also expressed determination to partner with the private sector to overcome economic challenges, including increasing crude oil production and generating more electricity for Nigerians.
The PECC is expected to meet monthly and report to the President, with Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announcing a N2 trillion package to boost the economy.
Overall, Dangote's statement reflects a sense of hope and optimism for Nigeria's economic future, with the private sector poised to play a key role in driving growth and development.