President Bola Tinubu announced the formation of an economic advisory committee during a meeting with members of the Organised Private Sector at the State House, Abuja, on Sunday.

The committee, consisting of representatives from the federal government, sub-nationals, and the private sector, aims to provide guidance on enhancing the nation’s economic growth and development.

Tinubu emphasized the importance of addressing the welfare of ordinary Nigerians and ensuring government initiatives meet their needs.

He stated the necessity for collaborative efforts to revitalize the economy, stressing the significance of providing hope and reassurance to all Nigerians.

He said: “Let’s look at what we’re doing right and what we’re doing wrong to bring life back to the economy. As I have said many times, the people of this country are the only people whom we have to please, and we are very much concerned, from students to mothers and fathers, farmers, and traders and realise 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. ⁣

“We are not saying that we have all the answers, but we will not be blamed for not trying. We assure Nigerians that we will do our best to get our marshall plan in place and fashion out the best economic future for this country.”

The meeting included Vice President Kashim Shettima; Governors Dapo Abiodun (Ogun); Charles Soludo (Anambra); Chief of Staff to the President, Femi Gbajabiamila; Ministers of Finance and Coordinating Minister of the Economy, Wale Edun; Budget and National Planning, Atiku Bagudu; Agriculture and Food Security, Abubakar Kyari; Information and National Orientation, Mohammed Idris.

Some of the private sector players at the meeting include Chairman of the Dangote Group, Aliko Dangote; Chairman of BUA Group, Abdul Samad Rabiu; Chairman of Heirs Holdings, Tony Elumelu; Group Chief Executive Officer of Pandora Plc, Wale Tinubu; Managing Director of Matrix Group, Abdullabir Aliu; Chief Executive Officer of Financial Derivative Company, Bismarck Rewane; Director-General, Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, among others.