Buhari Drops Osinbajo From Economic Management Team Announces Replacement

New council replaces EMT

President Muhammadu Buhari has constituted an eight-member Economic Advisory Council (EAC) to replace the current Economic Management Team (EMT), headed by Vice President Yemi Osinbajo. It remains to be known which role the Vice president is going to play with the new arrangement.

A statement Monday by Femi Adesina, Special Adviser to the President (Media & Publicity), said the newly constituted council, chaired by Prof. Doyin Salami, will report directly to the President.

Other members of the council are  Dr. Mohammed Sagagi (Vice-Chairman),  Prof. Ode Ojowu,  Dr. Shehu Yahaya,  Dr. Iyabo Masha, Prof. Chukwuma Soludo – Member, Mr. Bismark Rewane and  Dr. Mohammed Adaya Salisu, Senior Special Assistant to the President, Development Policy, who will serve as secretary.

The statement said “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.”