• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, June 19, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Buhari’s Economic Advisory Council

The Matters Press by The Matters Press
October 10, 2019
Reading Time: 3 mins read
0
Buhari’s Economic Advisory Council

PRESIDENT BUHARI MEETS ECONOMIC ADVISORY COUNCIL 1A&B. R-L; President Muhammadu Buhari (M) flanked by members of the Economic Advisory Council. Vice Chairman Dr. Mohammed Sagagi, Chairman, Dr Doyin Salami, Prof Chukwuma Soludo, Dr Mohammed Adya Salisu, Dr Mrs Iyabo Masha, Prof Ode Ojowu and Mr Bismarck Rewane during the meeting with Members of the Economic Advisory Council at the State House Wednesday in Abuja. PHOTO; SUNDAY AGHAEZE. OCT 9 2019.

President Buhari with members of ECONOMIC ADVISORY COUNCIL. Muhammadu Buhari (M) flanked by members of the Economic Advisory Council. Vice Chairman Dr. Mohammed Sagagi, Chairman, Dr Doyin Salami, Prof Chukwuma Soludo, Dr Mohammed Adya Salisu, Dr Mrs Iyabo Masha, Prof Ode Ojowu and Mr Bismarck Rewane.

President Muhammadu Buhari has held the maiden meeting with the eight members of the newly constituted Presidential Economic Advisory Council (PEAC).

RELATED POSTS

Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF

Nigeria’s talent export initistive a game changer

Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF

Buhari held the meeting after he inaugurated the Council at the presidential villa, Abuja on October 9, 2019.

He went ahead to set an agenda for what they should accomplish in the shortest possible time.

The President at a meeting with the council chaired by Prof. Doyin Salami charged them to focus on developing reliable data that would properly reflect what is happening in the country.

Buhari described the task before the PEAC as ‘‘most important national assignment’’.

‘‘As you develop your baseline study, I would like you to focus on primary data collection. Today, most of the statistics quoted about Nigeria are developed abroad by the World Bank, IMF and other foreign bodies.

‘‘Some of the statistics we get relating to Nigeria are wild estimates and bear little relation to the facts on the ground.

‘‘This is disturbing as it implies we are not fully aware of what is happening in our own country.

‘‘We can only plan realistically when we have reliable data. As you are aware, as a government, we prioritised agriculture as a critical sector to create jobs and bring prosperity to our rural communities.

‘‘Our programmes covered the entire agricultural value chain from seed to fertiliser to grains and ultimately, our dishes.

‘‘As you travel in some rural communities, you can clearly see the impact. However, the absence of reliable data is hindering our ability to upgrade these programmes and assure their sustainability,” he said.

The President also used the occasion to set agenda and expectations from the Council, constituted on Sept. 16, to replace the Economic Management Team (EMT).

On the Social Investment Programmes (SIPs), the President told members that his administration was working to measure the impact of the programme targeted at improving the well-being of millions of poor and vulnerable citizens.

To this end, the President said he had directed the new Minister for Humanitarian Affairs to commence a comprehensive data-gathering exercise in all Internally Displaced Persons (IDP) camps in the North East.

He said: “Today, we hear international organisations claiming to spend hundreds of millions of dollars on IDPs in the North East. But when you visit the camps, you rarely see the impact.

‘‘In 2017, when the National Emergency Management Agency took over the feeding of some IDPs in Borno, Yobe and Adamawa, the amount we spent was significantly lower than the claims made by these international organisations.

‘‘Therefore, actionable data is critical to implement effective strategies to address pressing problems such as these humanitarian issues.

‘‘I, therefore, look forward to receiving your baseline study as this will help us shape ideas for a sustainable and prosperous future,’’ the President said.

On his expectations from the council, the President urged them to proffer solutions on how to move the country and economy forward.

He directed the Council to coordinate and synthesise ideas and efforts on how to lift 100 million Nigerians out of poverty in 10 years, working in collaboration with various employment generating agencies of government.

”I am told you worked throughout last weekend in preparation for this meeting.

”I have listened attentively to findings and ideas on how to move the country and the economy forward.

”Yes, Nigeria has exited the recession. But our reported growth rate is still not fast enough to create the jobs we need to meet our national ambition of collective prosperity.

”Reason being we had to tread carefully in view of the mess we inherited.

”Many of the ideas we developed in the last four years were targeted at returning Nigeria back to the path of growth.

”I am sure you will also appreciate that during that time, our country was also facing serious challenges especially in the areas of insecurity and massive corruption.

”Therefore, I will be the first to admit that our plans were conservative. We had to avoid reckless and not well thought out policies.

”However, it was very clear to me after we exited the recession that we needed to re-energise our economic growth plans. This is what I expect from you, ” he said.

President Buhari also assured the Council that the Federal Government would ensure that all their needs and requests were met before the next technical sessions in November.

He said all key ministries, departments and agencies would be available to meet and discuss with them on how to collectively build a new Nigeria that caters for all.

”Now, no one person or a group of persons has a monopoly of knowledge or wisdom or patriotism.

”In the circumstances, you may feel free to co-opt, consult and defer to any knowledgeable person if in your opinion such a move enriches your deliberations and add to the quality of your decisions, ” Buhari said.

Speaking, the Chairman of the Council said the mandate was about “Nigeria first, Nigeria second, and Nigeria always,” adding that it was about Nigerians, not as numbers, but as people.

“Our goal is that the economy grows in a manner that is rapid, inclusive, sustained and sustainable, so that Nigerians will feel the impact,” Salami said.

Tags: BuhariEConomic Council
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF
Energy

Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF

June 16, 2025
Commission plans to liberate 38% illiterate Nigerians
Economy/Technology

Nigeria’s talent export initistive a game changer

June 15, 2025
Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF
Economy/Technology

Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF

June 15, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Energy

Military deploys 6,195 soldiers to combat terrorism, insurgency in Nigeria

June 15, 2025
Buhari underscores the opportunities in a single African air transport
Economy/Technology

Maiden flight to Ebonyi

June 14, 2025
Reasons not to attack nuclear facilities – UN
Energy

Reasons not to attack nuclear facilities – UN

June 14, 2025
Next Post
Africa’s remittance inflows hit $72b

$325.5m for Nigeria’s Forex

Luxury items, drinks to attract more VAT

Sharp practices in mining end soon

Recommended Stories

Buhari moves against palm oil importers

Farmers undergo training in palm oil production

August 23, 2023
NMDPRA to release regulations on midstream, downstream operations

NMDPRA meets with oil marketers to resolve distribution challenges

October 10, 2023
New Naira notes unavailable even as CBN campaigns for acceptance

Supreme Court okays indefinite use of old, new banknotes

November 30, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Fubara shames antagonists of emergency rule, vindicates Tinubu – TDF
  • Nigeria’s talent export initistive a game changer
  • Baba-Ahmed’s Assessment of Tinubu’s Performance lacks depth and reflects personal frustration – TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us