17 months to the end of his second and final term in office, President Muhammadu Buhari on Tuesday January 4, 2022 appointed Dr. Doyin Salami as his Chief Economic Adviser (CEAP).
Until the announcement via a statement issued on Tuesday by the Media Adviser to the President, Femi Adesina, Dr Salami was the Chairman of a seven-member Presidential Economic Advisory Council (PEAC), which President Buhari named in September 2019.
Among other members of the team were a former Governor of the Central Bank of Nigeria and World Bank consultant, Prof Charles Soludo, economist, Mr. Bismark Rewane as well as Dr. Mohammed Sagagi, Dr. Mohammed Adaya Salisu, Prof. Ode Ojowu, Dr. Shehu Yahaya, and Dr. Iyabo Masha. Dr. Sagagi was Vice-Chairman and Dr. Salisu as Secretary.
The body had been largely dormant since it was inaugurated.
A 1989 doctoral degree graduate in Economics of Queen Mary College, University of London, Salami, 59, was the Managing Director and Head Markets Practice at KAINOS Edge Consulting Limited, and member of the Adjunct Faculty at the Lagos Business School (LBS), Pan-Atlantic University, where he recently attained the rank of Senior Fellow/Associate Professor.
The Chief Economic Adviser to the President is expected to address all issues on the domestic economy and present views on them to the president; closely monitor national and international developments, trends and develop appropriate policy responses.
He is also to develop and recommend to the president national economic policies to foster macro-economic stability, promote growth, create jobs and eradicate poverty, among others.
