Leaders in the organised private sector on Sunday revealed what President Bola Tinubu told them over the troubled country’s economy.

The President had met businessmen and leaders of corporate interests in the country to intimate them with details of what government has been doing and what other proposals they might have to solve the logjam.

Dangote said after the meeting late Sunday, “I think we had a very good meeting and what we discussed is generally about the economy, food security and security of the nation. We discussed everything in detail,” Mr Dangote said, adding, “There is the economic presidential advisory committee which has been set up and I think this will look at all the issues and address them, coming from job creation, food security, coming from also reflected the economy.”

“So, all these things they have been discussed in detail. I can’t give you all the details right now, but we are hopeful and we’re a great nation. We have what it takes to turn around the economy and we’re going to do that.”

Also speaking, Chairman of UBA group Tony Elumelu, said he believed that measures being put in place would achieve the desired outcome.

Alhaji Abdulsamad Rabiu , who is the chairman of BUA group, said what is happening sina case of manipulation of the Dollar by speculators adding that once that is solved the hike will come back.

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.

“Now, the exchange rate has come down from N1800 to maybe 1600 and N1500 now, and as you all know, everything in Nigeria is indexed to the foreign exchange, especially when it comes to stuff that we import into the country.” He said

Speaking to the corporate giants at the beginning of the meeting, Tinubu said, “

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.

⁣”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.”

Others at the meeting on Sunday include Governors Dapo Abiodun of Ogun, Charles Soludo of Anambra, and and Segun Ajayi-Kadir, director-general, Manufacturers Association of Nigeria (MAN).

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

Mr Tinubu said, “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 are 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.’’

Mr 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 needs to contribute to its growth.

”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 growth path. 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 and execution,” he said.

The governor of Ogun State said that governors had resolved to join hands with the President to provide the necessary intervention to cushion the effect of the administration’s reforms.

Mr Abiodun assured Nigerians that the government at all tiers would not abandon them in this trying period, adding that better times were coming shortly.

He said, “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.”

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

Mr 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.

He added, “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.”

Mr 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.

Also, Mr Ajayi-Kadir of MAN, said that the private sector was looking forward to the implementation of the decisions taken at the meeting.

He stated, “The issues surrounding foreign exchange, insecurity and general operating environment were discussed and we received the assurances of Mr President that 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 significant role, and Nigerians, going forward should be hopeful that we are having solutions to the challenges that we have.’’