Aliko Dangote, Chairman of Dangote Group, has pledged that the private sector will invest heavily in job-creating initiatives, expressing optimism that Nigeria’s economy can be turned around within a few months.
Speaking at the inauguration of the Presidential Economic Coordination Council (PECC) at the Aso Rock Villa, Abuja, Dangote said, “The private sector and the public sector will work together to better the lives of our people…we will advise the government on policies that will create jobs.”
President Bola Tinubu inaugurated the 31-member council, comprising representatives from the public and private sectors, including Dangote, Tony Elumelu, and Abdulsamad Rabiu.
Tinubu expressed determination to increase crude oil production to two million barrels per day and generate more electricity for Nigerians, describing the current power generation and crude oil production as “shameful.”
The President emphasized food security and infrastructural development, citing the Sokoto-Badagry road project, which he said will generate electricity and create arable farmland.
Dangote assured that the private sector will invest heavily and create jobs, while the government provides the right policies. He expressed confidence that the economy can be turned around within a few months.
The PECC aims to advise the government on economic policies and initiatives to drive growth and development.
