The new Economic Advisory Council (EAC) will henceforth brief President Muhammadu Buhari at least once in six weeks, rather than quarterly, the presidency has announced.
Presidential spokesperson, Shehu Garba, announced this on Thursday at the end of a meeting President Buhari had with the eight-member council chaired by Doyin Salami, a professor of Economics.
Mr Buhari pledged to be guided by the advice of the Council on matters related to the economy, considering the strategic importance of the issues.
“The economy is the most delicate and sensitive of all aspects of our national life. A little change in the matrix can lead to major disruptions in the national economy,” he noted.
He cited the examples of changes in crude oil prices at the international market, bad harvests,…