President Bola Tinubu arrived 2:30pm on Tuesday arrived at the Presidential Villa, Abuja, his first official day after inauguration as President.

The President was received at the forecourt of his office by Vice President Kashim Shettima and some other senior government officials, including Speaker Femi Gbajabiamila and the Permanent Secretary of the State House, Tijjani Umar.

Also in the receiving party were the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele; the Group Chief Executive Officer (GCEO) Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari; former Lagos Commissioner for Finance, Mr Wale Edun; Mr Dele Alake; Hon. James Faleke.

It was gathered that President Tinubu would be meeting with the NNPCL Boss, Kyari and Emefiele, on his arrival at the office, supposedly over the brewing fuel crisis.

Wale Edun, former Lagos Finance Commissioner; and James Faleke, a House of Reps member, were also at the villa.

Minutes before his entrance, the new Commander-in-Chief inspected the Quarter Guard at the presidential gate.

After Tinubu’s first meeting today, the presidency is expected to announce key principal officers of the new administration including his Chief of Staff, Secretary to the Government of the Federation, National Security Adviser and Spokesperson.

In his inaugural address, Tinubu had charged the Central Bank to work towards a unified exchange rate.

He had also vowed to review the naira redesign policy of the former administration which was implemented by the CBN.

He had said: “Monetary policy needs thorough house cleansing. The Central Bank must work towards a unified exchange rate. This will direct funds away from arbitrage into meaningful investment in the plant, equipment and jobs that power the real economy.

“Interest rates need to be reduced to increase investment and consumer purchasing in ways that sustain the economy at a higher level. Whatever merits it had in concept, the currency swap was too harshly applied by the CBN given the number of unbanked Nigerians.

“The policy shall be reviewed. In the meantime, my administration will treat both currencies as legal tender.”

This is the third president that Emefiele would work under.

Appointed by ex-President Goodluck Jonathan, Emefiele also worked with immediate past President Muhammadu Buhari who reappointed him.

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