Bola Tinubu, president of Nigeria, also chairs ECOWAS
AFP

President Bola Tinubu on Sunday held a meeting with business owners and governors to discuss socio-economic challenges faced by the country and how they can be resolved.

The meeting was attended by governors Charles Soludo of Anambra State and Dapo Abiodun of Ogun State alongside the owner of Dangote Industries, Aliko Dangote, industrialist Abdul Samad Rabiu, and banker Tony Elumelu at the Presidential Villa Abuja.

During the meeting, the president told all the attendees that his administration wants "additional efforts" from private players and governors to help Nigerians struggling with poverty.

"Let's look at what we're doing right and what we're doing wrong to bring life back to the economy. Like I said, many times, the people of this country are only the people whom we have to please," the president said, Premium Times reported.

He added, "And we are very much concerned from students to mothers and fathers, farmers, the traders and realize that every one of us will have to fetch water from the same well. We're looking for additional efforts that might help the downtrodden Nigerians and we will provide that hope and reassurance that economic recovery is on its way."

Tinubu admitted that, at this moment, his government doesn't have all the answers but noted that his administration should not be blamed for trying to help make Nigeria a better place to live.

He assured all Nigerians that his administration is doing its best to ensure the best economic future for the country.

Elumelu, who also serves as Chairman of Heirs Holdings, spoke after the meeting and said that the discussions and solutions presented during the meeting will help to reshape the country, create employment opportunities, and alleviate poverty.

"Implementing the decisions we arrived at today will help propel our economy," he added.

Rabiu, on the other hand, said after the meeting that they discussed "how to bring the foreign exchange rate down because we all know that what is happening as regards the foreign exchange is artificial, it is manipulative, and thank God the CBN is doing quite a lot," Peoples Gazette reported.

The governor of Ogun State assured Nigerians that the Tinubu-led administration is trying to help Nigerians and better times will come shortly. "In my state and in other states, we are bringing in rice, we're bringing food items and we're selling at rates that can be obtained before the downslide of the naira," Abiodun said.

Nigerians have been dealing with an economic crisis since Tinubu announced fuel subsidy removal on May 29 last year, which skyrocketed food and fuel prices in the country.