Aliko Dangote, chairman of the Dangote Industries Limited, says Nigeria’s economy can be turned around in a few months.
Dangogte addressed journalists in Abuja after the
inauguration of the presidential economic coordination council (PECC) on
Thursday.
“What I keep saying is that our own issues are not that bad,
this economy can be turned around within few months and I think we are on that
way,” he said.
The billionaire also pledged the support of the private
sector in investing in job creation for Nigerians.
“The private sector will support the government to invest
heavily and create jobs,” the business tycoon said.
“Government does not create jobs but they give us the right
policies, you can see the interventions in gas sector, getting the OB3 to work
will give the country additional $2 billion.”
On July 4, President Bola Tinubu inaugurated the PECC and
announced a N2 trillion economic stabilisation plan in a move to revive
Nigeria’s struggling economy.
Established in March, the PECC is chaired by the president
and includes key government officials such as the vice-president, the senate
president, and the chairman of the governors’ forum.
Prominent private sector leaders, including Dangote, Tony
Elumelu, and Bismarck Rewane will serve on the council for one year.
On July 2, Dangote had warned that the increase of interest
rate to almost 30 percent by the Central Bank of Nigeria (CBN) would stifle
growth.
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