We Will Advise the Govt on the Type of Policies Needed to Boost the Economy– Dangote

Aliko Dangote, billionaire and chief executive officer of Dangote Group. Photo credit: Jason Alden/Bloomberg

The Chairman of Dangote Group, Aliko Dangote has expressed hope that with the right policies implementation, Nigeria’s economy will improve in a few months.

 

The African richest man gave this indication at the inauguration of the Presidential Economic Coordination Council, PECC, by President Bola Tinubu on Thursday 6 July in Abuja.

 

He said the public and private sectors would collaborate to reposition Nigeria’s economy.

 

This is where the public and private sector will work together. We will advise the government on the type of policies needed to revamp the economy.

 

“Our economy can be turned around in a few months. Things will soon change. We will work to make sure that things change for the better.” He emphasized.

 

Meanwhile, his assurance is coming amid his recent outburst on the Country’s high interest rate which stood at 26.25 percent and its negative impact on businesses.

 

The business magnet had also blamed cabals in the oil gas sector for frustrating the full-scale kickoff of his 650,000 barrel per day Lagos-based refinery.

 

In the meantime, Dangote has insisted that his $19 billion refinery will commence supply of Premium Motor Spirit, in Mid-July, 2024.

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