Politics

Buhari setup new Economic Advisory Council to replace Osinbajo’s EMT

President Muhammadu Buhari

President Muhammadu Buhari on Monday replaced the Economic Management Team headed by Vice President Yemi Osinbajo with a new Economic Advisory Council.

The new EAC is headed by Prof. Doyin Salami. Other members of council include; Dr Mohammed Sagagi (vice-chairman); Prof Ode Ojowu; Dr Shehu Yahaya; Dr Iyabo Masha; Prof Chukwuma Soludo; Mr Bismark Rewane; and  Dr Mohammed Adaya Salisu (Secretary).

Osinbajo’s EMT included; the Minister of Finance/Budget/National Planning, Zainab Ahmed; Governor of the Central Bank of Nigeria, Godwin Emefiele; Minister of Industry, Trade and Investment, Adeniyi Adebayo; and Minister of Agriculture,  Sabo Nanon; Minister of Information and Culture, Lai Mohammed; Accountant-General of the Federation;, Ahmed Idris; Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Director-General of the Budget Office of the Federation, Ben Akabueze.

Read the statement issued by the presidency below;

“This advisory council will replace the current Economic Management Team and will be reporting directly to the President.

“The Economic Advisory Council 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.”

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