By Ishaya Ibrahim
President Muhammadu Buhari has constituted an Economic Advisory Council (EAC) made up of first rate economist to advise him on policies.
According to a statement from Femi Adesina, special adviser to the president on media and publicity, the appointees replace the Economic Management Team led by Vice president Yemi Osinbajo.
The chairman of the economic council is Professor Doyin Salami, who, in November 2017, completed a two-term (8-year) stint as member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee. He is a dull time faculty member of the Lagos Business School (LBS).
Salami will be assisted by a political economist, Mohammed Sagagi.
Members of the council include Professor Ode Ojowu, Dr. Shehu Yahaya, Dr. Iyabo Masha, Professor Chukwuma Soludo, Bismark Rewane and Mohammed Adaya Salisu who will serve as secretary. He is the Senior Special Assistant to the President on Development Policy.
“The Economic Advisory Council (EAC) will advise the President on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues working with the relevant cabinet members and heads of monetary and fiscal agencies.
“The EAC will have monthly technical sessions as well as scheduled quarterly meetings with the President. The Chairman may, however, request for unscheduled meetings if the need arises.” Adesina said in the statement.