President Muhammadu Buhari has constituted a seven-man Economic Advisory Council (EAC), to advise the President on economic policy matters, including fiscal analysis and economic growth.
According to a statement by the Presidential spokesman, Femi Adesina, the advisory council will replace the current Economic Management Team (EMT) and will be reporting directly to the President.
The Eight-man committee will be chaired by Professor Doyin Salami and has Dr. Mohammed Sagagi at its Vice-Chairman.
Others are: Professor Ode Ojowu (Member), Dr. Shehu Yahaya (Member), Dr. Iyabo Masha (Member), Professor Chukwuma Soludo (Member), Mr. Bismark Rewane (Member), Dr. Mohammed Adaya Salisu (Secretary, who is also the Senior Special Assistant to the President, 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.
