President Bola Tinubu has set up a tripartite economic advisory committee in what he described as part of his efforts in stabilising Nigeria’s economy.

The committee, which comprised representatives from the Federal and State governments as well as the Organised Private Sector, was assembled and announced by the President during a meeting he held with critical stakeholders during a meeting at the State House in Abuja on Sunday.

The President said, “We are doing what we can do right to bring life back to the economy. Like I said many times, the people of this country are only the people we have to please. And we are very much concerned. From students, to mothers, the fathers, farmers, the traders.

“Realising that everyone of us will have to fetch water from the same well, we are looking for additional efforts that might help the downtrodden Nigerians and we will provide that hope and assurance 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.”

Some members of the private sector include Africa’s richest man Aliko Dangote; The Chairman of BUA Group, Abdulsamad Rabiu; ex-Governor of the Central Bank of Nigeria (CBN), Governor Chukwuma Soludo of Anambra State; amongst others.

Briefing the press, Dangote said discussion focused mainly on the economy, food security, and job creation. He said the committee will look at all the issues and address them.

Also, Soludo said the committee will meet time to time and make recommendations to the President on economic matters.

Tinubu Is Trying, He Inherited Dead Economy – Fayose

Meanwhile, former Governor of Ekiti State, Ayodele Fayose, says President Bola Tinubu’s effort to solve Nigeria’s socio-economic challenges is commendable despite that he inherited a “dead economy”.

“President Tinubu inherited a dead economy and whatever we say, we must give him time,” Fayose said on Channels Television’s Sunday Politics.

Nigeria is battling rising inflation, food inflation, forex crisis, economic hardship and high cost of living occasioned by the removal of petrol subsidy, attracting protests in parts of the country.

However, Fayose insisted that Tinubu’s performance has been impressive. According to him, there is no miracle the current President who was sworn in last May could do in nine months.

“Considering what Bola Ahmed Tinubu, the President of Nigeria inherited and our diversity, put all these together, the gentleman is trying,” the ex-governor stated.

‘Stay Out Of Buhari’s Mess’

Fayose flayed ex-President Muhammadu Buhari for “taking Nigeria backwards”, even as he urged the current President to do more and solve the country’s issues.

He described the Buhari government as one of “total regret and today, the consequences of yesterday is manifesting and it’s so disturbing and sad”.

“Look at the eight years of President Buhari, what would be left of a country like Nigeria as of today even if Tinubu means well? Where do we place the debts?” he queried.

Fayose said the Tinubu government should stop praising his predecessor because “Buhari is not a blessing to Nigeria”.

“Stay out of President Buhari’s mess,” he warned the incumbent, even as he advised him to focus on his campaign promises.

“My advise to the President is: stay focused, remember that you gave your word to Nigerians to make this country better than you met it. Please stay focused. Don’t be distracted.” Fayose said.