Buhari Swears in Economic Advisory Committee

In News 2019-10-09 14:52:23
Buhari Swears in Economic Advisory Committee
Buhari Swears in Economic Advisory Committee

President Muhammadu Buhari on Wednesday, administered oaths of office on members of the newly constituted Presidential Economic Advisory Council.
At a meeting with the 8-man Council led by Prof. Doyin Salami, President Buhari charged them to focus on developing reliable data that will reflect the true situation of things in Nigeria, by developing baseline study and primary data collection.
He noted that most of the statistics quoted about Nigeria are developed abroad by the World Bank, IMF and other foreign bodies.

President Buhari stressed that some of the statistics relating to Nigeria disturbing wild estimates that bear little relation to the facts on the ground.
The President equally used the occasion to set agenda and expectations from the Council, constituted on September 16, 2019, to replace the Economic Management Team.


He said the new Minister for Humanitarian Affairs has been directed to commence a comprehensive data-gathering exercise in all Internally Displaced Persons (IDP) camps in the North East.

He noted that international organisations claim to spend hundreds of millions of dollars on IDPs in the North East. But when you visit the camps, you rarely see the impact.


The President directed the Council to coordinate and synthesize ideas and efforts on how to lift 100 million Nigerians out of poverty. 


Chairman of Council, Professor Salami, said the mandate was about Nigeria first, Nigeria second, and Nigeria always, adding that they work to ensure that the nation's economy grows in a manner that is rapid, inclusive, sustained and sustainable.