- Emir of Kano, Muhammadu Sanusi II.
The Emir of Kano, Muhammadu Sanusi II, has commended President Muhammadu Buhari on the individuals he selected as his new economic team.
A statement made available on Monday by the Special Adviser to the President on Media and Publicity, Femi Adesina had disclosed that Buhari constituted a new Economic Advisory Council (EAC).
The EAC 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.
The council, which will report directly to the president, replaces the Economic Management Team (EMT), which was under Vice President Yemi Osinbajo.
Reacting, The eminent traditional ruler and former governor of the Central Bank of Nigeria (CBN) noted that it was the best decision the President had taken in his second term in office.
Sanusi stated that the team would add a lot of value to the administration’s policy and strategy, and would also be frank and honest in its advice to Buhari.
He said: “In my opinion, this is the single most important decision taken by the President in his second term with great potential for turning the economy around. The team he has assembled is a first-class by all standards and each and every one of them is held in high regard by all our professional colleagues.
“He also has put together a team with balance. In there you have experts in macroeconomics, monetary policy, fiscal policy, development theory and financial markets. I can think of no better team of advisers at this point and we look forward to discussing and debating with and encouraging them as they serve the nation and the President.
“The President deserves to be praised on this decision and supported. It is evidence of commitment to focus on the economy.
“This team will add a lot of value to policy and strategy and will also be frank and honest in its advice. I honestly have not been so excited about prospect on the economy as I am today and you know me. I do not dish out praise,” he concluded.