Tinubu Meets Business Leaders Dangote and Cardoso at the Presidential Villa

In a bid to strengthen economic ties, President Tinubu welcomed Dangote and Cardoso among other prominent business leaders to the Presidential Villa for critical discussions on Nigeria’s economic future.

President Bola Tinubu is holding a meeting with members of the committee responsible for implementing sales of crude oil and refined products in the local currency.

The committee, headed by Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, proceeded to the State House in Abuja for the meeting.

The meeting attendees consist of Mr. Mele Kyari, the Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL); Dr. Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS); and Mr. Yemi Cardoso, Governor of the Central Bank of Nigeria (CBN).

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In attendance were Mallam Farouk Ahmed, the Chief Executive of the Authority and ACE of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA); Mr. Gbenga Komolafe, Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC); along with Alhaji Aliko Dangote, President of Dangote Group.

The committee is set to update President Tinubu on the progress of the initiative that was devised by his administration to ease foreign exchange pressure on the economy.

Remember that on July 29 of this year, President Tinubu instructed the NNPCL to start selling crude oil to Dangote Refinery and other domestic refiners.