He stated this on Thursday while briefing State House reporters after President Bola Tinubu inaugurated the Presidential Economic Coordination Council (PECC).

President of the Dangote Industries Limited, Mr Aliko Dangote, says Nigeria has all it takes to turn its economy around within months.

He stated this on Thursday while briefing State House reporters after President Bola Tinubu inaugurated the Presidential Economic Coordination Council (PECC).

The PECC, tasked with strategising a way out of the current economic situation in the country, has a mix of government officials, top private sector players, and consultants including Dangote; Chairman of the United Bank of Africa, Mr Tony Elumelu; and Chief Executive Officer of the Financial Derivatives Company Limited, Bismarck Rewane.

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun said the Council is to meet and report to the President monthly.

Dangote applauded the president initiative, saying it will better the economy of the country and the Nigerian populace.

He said members of the council from the private and public sectors would sit regularly to advise the government on the kind of policies that government should roll out.

“Most of these things, we have them, there are already been discussed over and over again, it is a matter of implementation. I think the choice of people that are on the PECC, they are good enough to be able to advise government on how to implement the policies,” said Dangote, who is Africa’s richest man.

“The private sector will do its own bit which is to invest heavily and create jobs. Government don’t really create jobs, what they do is to give us the right policies. We have all these policies.

“I keep saying our issues are not that bad, this economy can be turned around within few months and I think we are on that way. I thank the President for inaugurating this Council.

“We will start working immediately and I can assure you (that) you will see a lot of changes coming. We have what it takes to turn around this economy. We are going to work hard to make Nigerians proud.”

Nigeria is battling inflation, high cost of living, and other economic crisss sparked by the government’s twin policies of petrol subsidy removal and unification of forex windows.

https://www.channelstv.com/2024/07/04/nigerias-economy-can-be-turned-around-in-months-dangote/

That's is our daily prayers

If you know this much why didn't you contest.

Dey play dangote. The same APC that could not turn it around for 11 years??

Leave story oga. Tell ur Mafia caucus we want action and results,not ''we can' 'we will. Nonsense

You called capitalists to come and create business opportunities for themselves, not to come and make the economy better.

Shabi I have been shouting it here they said it's theory

Tinubu is not doing the Right thing at all

It happened in Zambia and Argentina it can happen here

What if the man we entrusted our economy in his hands spends most of his time wrapping powder with his close friends?

Because how can you explain how someone who has all the advisers and resources to grow an economy ends up with nonsense policies?

slimfit1:
If you know this much why didn't you contest.

Would Nigerian you vote for him if he contests?

The intelligent ones are never allowed to rule.

Dangote a humble role model

Some things must change, the first is listening to Foreign Advisers.

Their Advisers has send many companies off our shores instead of increased Taxes

OriOko88:

Dey play dangote. The same APC that could not turn it around for 11 years??

Leave story oga. Tell ur Mafia caucus we want action and results,not ''we can' 'we will. Nonsense

Many of you talk as if God created heaven and earth in 2015.

Why can't PDP do it in 16 years?

Ttalk:


Many of you talk as if God created heaven and earth in 2015.

Why can't PDP do it in 16 years?

Pdp tried by clearing the country's debt. Pdp regime had the highest external reserve ever. Google it. Naira was steady against the dollars during the 16 years of pdp. Naira never went beyond 200 to $. Google it. Bag or rice was 8k in 2014 during pdp govt. Google it.So don't just compare the two.

“I keep saying our issues are not that bad, this economy can be turned around within few months and I think we are on that way. I thank the President for inaugurating this Council."

Hand the borders to israelis securities let them prevent smuggling of fuel outside Nigeria.
Privatise the presidency such that Obama could even contest to be Nigeria president.

Dangote should respectfully withdraw himself from the political theatre of folly.

Bismarck Rewane: seasoned economist but a Shylock, merchant of Venice. He played this same role in the previous administration and has been invited for a remake like the aso-wood actor that he is.

Elumelu: one for the lackey… corny and shrewd. As stated by Otedola. His ambition knows no bounds.

Mr Wale Edun: do the honorable thing and resign your position if the politicians wouldn’t heed to your advice. The rejig we need isn’t alien to us, it a lack of willingness on the part of the politicians and you know this. Why soil your name?

How about solving the logistics debacle by having railway across the region for cargo? Freight by road is very expensive and unsafe.
Also, invest in electricity and railway for transit and see Nigeria come alive.
For security, get surveillance drones to watch hot areas, get perimeter radars all over the north, middle belt and SW. Nigeria is too small for the level of mysticism we allude to these bandits.

Slash state funds and divert it into renewable energy. Solar farms up north, dams in the middle belt, windmills and geothermal in the south.

It can be a PPP so the govt doesn’t shoulder the cost alone.

PitObi and his urchins will be unhappy about.this news .

Well Jagaban has promised and we are hoping for the best soon

Rewane dey here? He'll stop all the lamentations of an idle professor.
All of them only talk like parrots when they don't have government appointment.

Jagaban don deal with this one

This is an indirect insult to their Lord and Saviour who 'built' Lagos but has destroyed Nigeria within 1 year.

Give us fuel to test it Mr Man. Stop talking too much.

Okay sir.

OriOko88:

Pdp tried by clearing the country's debt. Pdp regime had the highest external reserve ever. Google it. Naira was steady against the dollars during the 16 years of pdp. Naira never went beyond 200 to $. Google it. Bag or rice was 8k in 2014 during pdp govt. Google it.So don't just compare the two.

Short memories.

Now MEN are talking !!!

I want to see why NIgeria will not be great again , when Men like Dangote and Elumelu are on board including my humble self here doing everything i can to make things happen .

NIgeria up we go !

Correct your mindset !

slimfit1:
If you know this much why didn't you contest.

When Jonathan assembled technocrats to run this country and he was developing grey hair up and down, APC hijackers thought that running the economy was a child's play.

Nine years into APC government, they have destroyed the economy of Nigeria like never before in the century-long history of Nigeria.

Let love reign

Never have a doubt ok .....
Nigeria will be great , including you [ thomas ]

OriOko88:

Dey play dangote. The same APC that could not turn it around for 11 years??

Leave story oga. Tell ur Mafia caucus we want action and results,not ''we can' 'we will. Nonsense

... thereby creating work for you the { it can't work crew }.

Welcum:
You called capitalists to come and create business opportunities for themselves, not to come and make the economy better.

Mr Cover, is Observing

Then what is your suggestion ?

mrvitalis:
Shabi I have been shouting it here they said it's theory

Tinubu is not doing the Right thing at all

It happened in Zambia and Argentina it can happen here