President Muhammadu Buhari on Monday announced the appointment of Prof. Doyin Salami, of Lagos Business School (LBS) as the chairman of his newly constituted 8-member Economic Advisory Council (EAC).
A statement issued by the President’s Special Adviser (Media & Publicity), Mr. Femi Adesina, listed Dr. Mohammed Sagagi as Vice Chairman while members include Prof. Ode Ojowu, Dr. Shehu Yahaya, Dr. Iyabo Masha, Prof. Chukwuma Soludo, Mr. Bismark Rewane, and Dr. Mohammed Adaya Salisu, the Senior Special Assistant to the President, Development Policy, as Secretary.
Adesina stated that the advisory council replaced the current Economic Management Team (EMT) and will be reporting directly to the President.
Specifically, the EAC will advise the President on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues.
The SSA disclosed that in order to discharge its functions, the council would be working with the relevant cabinet members and heads of monetary and fiscal agencies.
He stated further that the EAC would have monthly technical sessions as well as scheduled quarterly meetings with the President, adding that the Chairman may, however, request for unscheduled meetings if the need arises.
