President Buhari Constitutes New Economic Council

• President Buhari Constitutes New Economic Council

President Muhammadu Buhari has replaced the old Economic Management Team (EMT) headed by the Vice President, Prof Yemi Osinbajo, with Economic Advisory Council (EAC).

In a statement signed by the special adviser to the president on media and publicity, Mr. Femi Adesina, Prof. Doyin Salami, the former member of the Central Bank of Nigeria’s Monetary Policy Committee and senior lecturer at Lagos Business School, has been appointed as the Chairman of the EAC.

The other members of the EAC are:

Mohammed Sagagi as the vice-chairman

Ode Ojowu — member

Shehu Yahaya — member

Iyabo Masha — member

Chukwuma Soludo — member

Bismark Rewane — member

Mohammed Adaya Salisu — secretary (Senior Special Assistant to the president, development policy).

According to the statement, the EAC committee will also advise the president on economic matters both local and global happenings.

The EAC will hold monthly technical sessions as well as quarterly meetings with President Muhammadu Buhari. However, the Chairman, Doyin Salami, may request for unscheduled meetings depending on the situation of things.