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JUST-IN: Tinubu In Crucial Meeting With Dangote, Elumelu Others

The meeting is held at the Presidential Villa in Abuja.

W.N YEMI by W.N YEMI
February 25, 2024
in BREAKING, Politics
Reading Time: 1 min read
A A
0
  • 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.

President Bola Tinubu had a “crucial” meeting with some members of the organised private sector on Sunday.

The meeting is held at the Presidential Villa in Abuja.

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.

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

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

Meanwhile, 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.

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