BAT: In saudi Arabia, When They Had Economic Trouble, They Called The Big Guns Into Hotel -Peterside

The founder of Anap Foundation and Stanbic IBTC Bank, Atedo Peterside has told President Bola Ahmed Tinubu what they did in Saudi Arabia when the nation had economic problems.

This statement was contained in a report that was published on the official X handle of ARISE NEWS on Tuesday, January 6, 2026.

In the report that surfaced online, Atedo Peterside claimed that the policies of President Bola Ahmed Tinubu has weakened the economy and thrown many Nigerians into poverty. He said when Saudi Arabia faced similar issue, the big guns called themselves together and told themselves some hard truths.

Atedo Peterside said the government removed fuel subsidy yet a lot of things remain the same.

Here is what Atedo Peterside said according to ARISE NEWS;

“In Saudi Arabia, when they had economic trouble, they called the big guns into one hotel and told themselves some home truths. I don’t think revenue will come easily here”.

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