Economic Crisis: What Dangote, Rabiu, Elumelu said after meeting with Tinubu

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The meeting which had some state governors in attendance also discussed the crumbling rate of the Naira to the Dollar.

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The governors of Ogun and Anambra states, Dapo Abiodun and Charles Soludo, were also present at the meeting held at the Presidential Villa in Abuja. “Like I said, many times, the people of this country are only the people who we have to please. And we are very much concerned from students to mothers and fathers, farmers, the traders and realising that every one of us will have to fetch water from the same well,” he said.

On his part, Mr Rabiu said the downward slope of the Naira’s rate to the Dollar is inauthentic and commended the Central Bank of Nigeria’s effort in addressing the challenge.“We discussed 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,” he said.

He said the private sector will play a significant role in the advisory committee recently formed by the president. “We have one national economy, and it’s the responsibility of the 225 million Nigerians to work together to make it great and we have all the potential and we have all that it takes to make Nigeria ride through these turbulent times and put the economy back on a sustainable keel,” he said.

 

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