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Tinubu in crucial meeting with Dangote, Elumelu, others

President Bola Tinubu, on Sunday, held a “crucial” meeting with some members of the nation’s organised private sector.

The meeting was held at the Presidential Villa in Abuja.

The meeting was attended by 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.

The meeting is coming amid the economic hardship confronting Nigerians.

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

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, Central Bank of Nigeria has 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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