HomeEconomyEconomic Hardship: Tinubu meets...

Economic Hardship: Tinubu meets governors, Dangote, BUA, Elumelu, others

President Bola Tinubu says the administration will continue to put in place measures to bring succour to Nigerians.

At a tripartite meeting with governors and business people in Abuja on Sunday, Tinubu said that all options would be explored to resolve the nation’s socio-economic challenges.

The President met with Governors Charles Soludo of Anambra and Dapo Abiodun of Ogun, Aliko Dangote, Abdulsamad Rabiu, Tony Elumelu and Mr Segun Ajayi-Kadir, Director-General of the Manufacturers Association of Nigeria.

At the meeting, Tinubu said that government was ready to rub mind with all stakeholders to find lasting solutions to the current situation in the country.

“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.

The governor of Ogun said 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.

Dapo 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.”

Dangote, after the meeting, also disclosed that the committee deliberated on issues concerning the economy, food security, security and job creation.

He expressed the confidence that Nigeria and Nigerians have the potential to be great once again, adding that the nation is on the path of transformation.

Rabiu, who is the Chairman of the BUA Group, said that the meeting dwelt on issues about the foreign exchange rate and how to bring it down.

“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.”

Elumelu, Chairman of Heirs Holdings, said that the various discussions and solutions would reshape the country, alleviate poverty, create employment and put food on the tables of Nigerians.

Ajayi-Kadir of the Manufacturing Association of Nigerian, said that the private sector was looking forward to the implementation of the decisions taken at the meeting.

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

“I think in 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.

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Why Mobile Gaming Is Growing Faster Than Ever in Africa

Meta Title: Mobile Gaming In Africa – Why It's Growing Fast Meta Description: Mobile...

Toyin Akinniyi: Building blocks of the Future, education financing for sustainable outcomes

Opening Remarks by Ms. Toyin Akinniyi, Regional Portfolio Director, Luminate at...

Cheta Nwanze: The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke

Cheta Nwanze The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke at...

Lazarus Angbazo: Building Nigeria’s Infrastructure Economy

BUILDING NIGERIA'S INFRASTRUCTURE ECONOMY Mobilizing Private Capital to Build the Foundation of...

- A word from our sponsors -

spot_img

Read Now

Why Mobile Gaming Is Growing Faster Than Ever in Africa

Meta Title: Mobile Gaming In Africa – Why It's Growing Fast Meta Description: Mobile gaming in Africa is growing faster than any other digital sector: affordable smartphones, mobile payments, local content and what the data shows for 2026. Why Mobile Gaming Is Growing Faster Than Ever in Africa Few industries are expanding...

Toyin Akinniyi: Building blocks of the Future, education financing for sustainable outcomes

Opening Remarks by Ms. Toyin Akinniyi, Regional Portfolio Director, Luminate at the Bold Action Session on Education: "Building Blocks of the Future: Education Financing for Sustainable Outcomes"  (A Day Zero event of the 2026 Africa Social Impact Summit) on 21 July 2026. Protocols. Good morning distinguished guests, the board and CEO...

Cheta Nwanze: The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke

Cheta Nwanze The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke at Southwark Crown Court, London, on 17 June 2026 has brought up an uncomfortable question that has long shadowed international anti-corruption efforts: is justice truly universal, or is it reserved for the powerless? After a nearly six-month trial...

Lazarus Angbazo: Building Nigeria’s Infrastructure Economy

BUILDING NIGERIA'S INFRASTRUCTURE ECONOMY Mobilizing Private Capital to Build the Foundation of National Prosperity Keynote Address by Dr. Lazarus AngbazoChief Executive Officer, InfraCorpNACCIMA Infrastructure Conference (INFRACON) — July 14, 2026 Your Excellencies, distinguished guests, ladies and gentlemen. Please permit me to stand on established protocol. Let me begin with a simple observation. Every...

Lazarus Angbazo: Beyond Roads and Power, Who Will Finance Human Capital Infrastructure for Africa’s Workforce?

By Lazarus Angbazo |  [email protected] Africa is entering one of the most ambitious periods of infrastructure and industrial investment in its history. Governments are expanding power generation, transport networks, ports, industrial parks, and digital infrastructure, while African private sector leaders are making unprecedented long-term commitments to manufacturing and industrial...

Residents: Key Factors to Consider When Choosing a Self Storage Facility in Philadelphia

Finding the ideal self-storage unit can be challenging, especially in Philadelphia, where options abound. Many residents seek facilities that not only safeguard their belongings but also provide value and convenience. In this article, you'll learn the key factors to consider when selecting a self-storage facility in the...

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...