Tinubu Inaugurates Committee of Governors, Private Sector Major Players to Tackle Foreign Exchange Crisis

President Bola Tinubu has inaugurated an economic advisory committee to work with the federal government in effectively tackling the economic crisis in the country.

Members of the committee, include top players in Nigeria’s Manufacturing and Banking Sectors, Ministers, and State Governors.

The committee is expected to come up with policies.

Chairman of the Dangote group, speaking to the state house correspondents after the meeting at the Presidential Villa, said the discussions with the President were frank, open, and exhaustive.

He listed major areas of talks including the foreign exchange crisis, and food security.

Also, the chairman of Heirs Holdings, Tony Elumelu, was hopeful that decisions taken at the meeting would bail out the economy from its present woes.

Read Also:

Ogun Inaugurates a 12-member Committee to Drive Investments into the State

Governor Dapo Abiodun also said the state governors resolved to join hands with the federal government to provide palliatives while awaiting the results of the fiscal and monetary policies being implemented.

The Director General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadiri, said the organized private sector expects the implementation of decisions taken, especially on foreign exchange and security.

According to him,  Manufacturers are looking forward to an environment that is conducive to business.

And so the issues surrounding foreign exchange, insecurity, and the general operating environment were discussed and we received assurances from Mr. President that very soon we are going to start to see some major changes.

I think the advisory committee that has been formed, the private sector will play a very significant role, and Nigerians, going forward should be hopeful that we are having solutions to the challenges that we have he said.