As Tinubu Appoints Billionaires to Rescue Nigeria’s Economy
Everything begins from a single point, whether it is the popularisation of an ideal or the salvaging of a nation-ship. Nigeria’s president, Bola Tinubu, has demonstrated his awareness by requesting the help of industry captains to help steer the nation’s economy. But the question on many lips is if it will work or not.
Extensive policy reviews have characterised presidential moves in the past few months. President Tinubu, attempting to stabilise Nigeria’s economy, has done, considered, and reconsidered much. He has gone so far as bowing his head to visit a distant nation that shares no business ties with his own. This new reliance on some of the most homegrown successful industrialists is the latest strategy of the president.
According to reports, President Tinubu instituted a new Economy Advisory Committee comprising leading business people. They include Aliko Dangote, Femi Otedola, Abdul Samad Rabiu, and Tony Elumelu, each a distinct and local hegemon of financial prowess and industrial might.
Tinubu believes that the involvement of these billionaires will change the waves of economic depression covering the nation and her people. He is especially looking forward to seeing them review the nation’s public and private sectors to see how the integration of each sector’s advantages can cut down the ugly weight of economic challenges mostly attributed to currency devaluation.
Tinubu is not the only one looking forward to positive changes due to the involvement of Dangote and his peers. Even they have been affected by the growing problems caused by the unfavourable Naira-Dollar wahala. Dangote and Rabiu have particularly felt it in their net worth and are consequently expected to put in their best efforts to rescue Nigeria.
Almost handing over the nation’s economy to experts—it looks like a good deal, especially as they’re also feeling the heat. All eyes are locked on Dangote and Co.