President Tinubu Holds Crucial Meeting With Dangote, Elumelu, Other Top CEOs

President Tinubu had a crucial meeting with Dangote, Elumelu, and other top CEOs.

Newsone Nigeria reports that Bola Tinubu, Nigeria’s President, had a “crucial” meeting with some members of the organised private sector on Sunday.

This online news platform understands that the meeting took place at the Presidential Villa in Abuja, Nigeria’s capital.

Those in the meeting include Alhaji Aliko Dangote, President, Dangote Groups; Tony Elumelu, Chairman, Heirs Holding and Transcorp Plc; Abdulsamad Rabiu, Chairman, BUA Group; Wale Tinubu, and other members of the private sector.

This is coming amid the economic hardship confronting Nigerians.

The current hardship is occasioned by the rise in the exchange rate of dollars to naira.

News-One recalls that FMDQ data at the close of work on Friday showed that the naira depreciated to N1,665.50 per US dollar from N1571.31 on Thursday.

Meanwhile, Newsone Nigeria had reported earlier that the Central Bank of Nigeria announced draft guidelines in a sweeping policy intervention for BDCs, including a ban on street trading and a fresh per capita share requirement for registration.