Home Topics Economic Advisory Council

Economic Advisory Council

Nigeria President Muhammadu Buhari on Thursday approved the recomposition of the Niger Delta Development Commission (NDDC) board after a forensic audit of the organization.

A letter from the President at New Year

Today marks a new decade. It is a time of hope, optimism and fresh possibilities. We look forward as a nation to the 2020s as the opportunity to build on the foundations we have laid together on security, diversification of our economy and taking on the curse of corruption. These are the pledges on which I have been twice elected President and remain the framework for a stable, sustainable and more prosperous future.
Yutaka Kikuta

Japanese ambassador commends federal government over improved World Bank ranking

The Japanese Ambassador to Nigeria, Mr Kikuta Yutaka, has commended the Federal Government for Nigeria’s improvement in the recently released World Bank’s 2020 Doing Business Index (DBI).
Nigerian Stock Exchange NSE

Financial experts attribute Nigeria stock market lull to economic dislocations

Some financial experts on Monday attributed the incessant lull on the Nigerian Stock Exchange (NSE) to various economic dislocations in the country.

CBN and the $2.6bn or $26bn diaspora remittances

In the World Bank’s 2018 report, titled, “Nigerians Living abroad sent $22bn home in 2017”, the Bank noted that the top recipients of the Diaspora remittances in the world were India with $69bn, Chile ($64bn), Philippines $33bn, Mexico $31bn, Nigeria $22bn and Egypt $20bn

PDP faults President Buhari on alleged cooked-up statistics

The Peoples Democratic Party (PDP) has accused President Muhammadu Buhari of conjuring false statistics to cover what it called its incompetence and failures in governance.

IMF advises Nigeria on reducing vulnerabilities, boosting growth

The International Monetary Fund (IMF) has advised the federal government to take action on a coherent and coordinated set of policies to urgently reduce vulnerabilities and increase growth over the medium term.
President Muhammadu Buhari Wednesday in Abuja administered oaths of office on members of the newly constituted Presidential Economic Advisory Council (PEAC), and also set an agenda of what they should accomplish in the shortest possible time. 3

President Buhari rejects World Bank, IMF statistics on Nigeria

President Muhammadu Buhari yesterday rejected statistics by the World Bank and the International Monetary Fund on Nigeria’s economy.
President Muhammadu Buhari assured on Wednesday that he will do everything within his power to “carry everyone along on my last lap as a democratically-elected leader.” 1

President Buhari: I’m devoted to Nigeria’s unity

President Muhammadu Buhari has restated his commitment to the unity of Nigeria. He vowed to devote all his time and energy to promote it for the benefit of Nigerians.
President Muhammadu Buhari assured on Wednesday that he will do everything within his power to “carry everyone along on my last lap as a democratically-elected leader.” 2

President Buhari: I’ll carry everyone along

President Muhammadu Buhari assured on Wednesday that he will do everything within his power to “carry everyone along on my last lap as a democratically-elected leader.”
President Buhari at the event

President Buhari meets Economic Council in Aso Rock

President Buhari had on the 16th of last month replaced the Economic Management Team, headed by Vice President Yemi Osinbajo, with the Economic Advisory Council, mandated to report to him.

Cashless policy: Regulators, business community set for nationwide rollout

Baring any last minute disruptions in the implementation guidelines, Nigeria’s cashless Policy piloted by the Central Bank of Nigeria (CBN) would go live nationwide from March 31, 2020, after about eight years of clinical trials of its pilot phase.
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

Lagos chiefs declare total support for VP Osinbajo

The Association of Lagos Titled Chiefs has reviewed the allegations against Vice President Yemi Osinbajo and declared its total support to him.
Vice-President Yemi Osinbajo says he will remain loyal to his principal, President Muhammadu Buhari.

APC: No conspiracy, no rift in Aso Rock

The All Progressives Congress has reacted to news stories suggesting a widening rift in the Presidential Villa between President Buhari and Vice President Yemi Osinbajo.

Nigeria needs to ‘innovate, commit, or die’ – Ex-CBN chief

Charles Soludo, a former Governor of the Central Bank of Nigeria (CBN), says Nigeria needs economic restructuring and heavy lifting from its current economic condition.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

President Buhari: I will sanction revenue agencies for not meeting targets

President Muhammadu Buhari has warned that severe consequences await any of the nation revenue-generating agencies that failed to achieve agreed revenue targets.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

[email protected]: President Buhari’s independence day speech — full text

Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and
Nigerian Stock Exchange NSE

Experts: Capital market affected by instability

Ahead of the country’s independence anniversary celebrations on October 1, Nigerian capital market operators have identified some highs and lows of the market as the nation turns 59.
Nigeria’s President, Muhammadu Buhari on Saturday attended the Extra Ordinary ECOWAS Summit on Counter Terrorism in Ouagadougou, Burkina Faso. 4

Yoruba Ronu lauds President Buhari’s new economic advisory council

The Yoruba Ronu Leadership Forum, a socio-cultural group, on Thursday commended President Muhammadu Buhari for constituting an Economic Advisory Council (EAC), comprising of professionals and academics.

Recent Stories

Lagosians express concerns following NAFDAC’s alert on using paracetamol for food preparation

Following recent alert by the National Agency for Food and Drug Administration and Control (NAFDAC) on the use of paracetamol tablets in food preparation, some Lagosians have expressed shock and disappointment.
Nigeria;s striker, Victor Osimhen, has been sanctified fit and ready by medical doctors to play for Lille against Monaco on Saturday in the French Ligue 1 encounter.

Victor Osimhen on target in Lille’s Coupe de la Ligue win

Victor Osimhen scored the second goal as Lille defeated Gonfreville 2-0 in a Coupe de la Ligue clash at the Stade Oceans, Le Havre on Saturday afternoon.
Emeka Ihedioha

Imo guber: Judiciary, electoral system on trial – Emeka Ihedioha

The sacked governor of Imo State, Emeka Ihedioha, has said that the nation’s judiciary and the electoral system have been put on trial.
The Retired Bishop of the Igbomina Diocese, Church of Nigeria (Anglican Communion), Rt. Rev Peter James Akinola, has urged South-West governors to remain resolute in their determination to tackle insecurity and ensure ‘Operation Amotekun’ succeeds

Amotekun: Cleric urges South-West governors to remain resolute in your determination to tackle insecurity

The Retired Bishop of the Igbomina Diocese, Church of Nigeria (Anglican Communion), Rt. Reverend Peter James Akinola, has urged South-West governors to remain resolute in their determination to tackle insecurity and ensure ‘Operation Amotekun’ succeeds.
In furtherance to boosting the airpower assets of the NAF to tackle current and emerging security threats in the country, the Nigerian Airforce is set to induct two new Augusta 109 Westland Attack helicopters into combat operations.

Nigerian Airforce takes delivery of two new Augusta attack helicopters for combat operations

In furtherance to boosting the airpower assets of the NAF to tackle current and emerging security threats in the country, the Nigerian Airforce is set to induct two new Augusta 109 Westland Attack helicopters into combat operations.