By Sylvanus Okpe
President Muhammadu Buhari on Wednesday met with Chairman and members of the recently composed Economic Advisory Council (EAC) at the Presidential Villa, Abuja.
The meeting was reported to have commenced at the President’s office around 11.30 am
President Buhari had on the 16th of last month replaced the Economic Management Team, headed by Vice President Yemi Osinbajo, with the Economic Advisory Council, mandated to report to him on matters relating to strategic economic plans and management.
The Council whose functions are mainly advisory 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.
It is also expected just like the Vice President led Economic Management Team, have monthly technical sessions and scheduled quarterly meetings with the President.
unscheduled meetings with the President can also be requested at the instance of the chairman if the need arises.
While the Council is headed by Prof. Doyin Salami, the Vice-Chairman is Dr Mohammed Sagagi.
Other members of the Council include Prof. Ode Ojowu, Dr. Shehu Yahaya, Dr. Iyabo Masha, Prof. Chukwuma Soludo, Mr. Bismark Rewane.
Dr. Mohammed Adaya Salisu, who is the Senior Special Assistant to the President on Development Policy, is the Secretary of the Council.
The meeting with the President was still in progress at the time of filing this report.
Today’s meeting is expected to be an introductory section where the President will brief the Council on its mandate and the expectations of the Federal Government.