The Special Aide to the President on Media and Publicity, Ajuri Ngelale has alleged that the Tinubu administration has stabilized the exchange rate and paid off a $7 billion debt inherited from the previous administration.
Addressing the Federal Government's strategy for economic revitalization, he underscored the imperative of forging a robust alliance between the public sector and private industry. He stated that the President is actively working to create a seamless partnership among economic managers across all levels of the public sector and to involve the private sector in a consistent and sustainable manner.
He highlighted that prominent figures in the private sector such as Alhaji Akiko Dangote and Tony Elumelu are playing a crucial role. He stated that the President's plan involves engaging these industry giants to drive economic development and ensure that the private sector's expertise and resources are fully utilized
He said in an interview with TVC, ''In recent times we have not had a total unification of the exchange rates and Nigerians are seeing the evidence of our work now. The exchange rate is now stable and we have paid off the $7BN debt owed by previous government. We have a totally different picture based on the hardwork that has been done by this President in this administration.''
Speaking about the FG plan to collaborate with private sector in revamping the economy, he said ''The President is mandated to create a total union between public sector economic managers in the country at all levels and also ensuring that you have the private sector at the highest level engaged directly in a sustainable and consistent format. It's something that Nigerians have long sought for and it's something that the President has now put in place with giants like Alhaji Akiko Dangote and Tony Elumelu.''