Buhari's new economic team

You're referring to the new economic team appointed by President Muhammadu Buhari of Nigeria!

In August 2021, President Buhari announced a new economic team, comprising experts in various fields, to help revitalize the country's economy. The team is led by Dr. Ngozi Okonjo-Iweala, a renowned economist and former Minister of Finance, who was appointed as the Special Adviser to the President on Economic Matters.

The new economic team includes:

  1. Dr. Ngozi Okonjo-Iweala - Special Adviser to the President on Economic Matters
  2. Dr. Ayo Teriba - Special Adviser to the President on Economic Policy
  3. Dr. Doyin Salami - Chairman, Economic Advisory Council (EAC)
  4. Dr. Mohammed Sagagi - Member, EAC
  5. Dr. Mohammed Adaya Salisu - Member, EAC
  6. Dr. Shehu Yahaya - Member, EAC
  7. Dr. Bismarck Rewane - Member, EAC
  8. Dr. Chukwuma Soludo - Member, EAC
  9. Dr. Mohammed Kyari - Member, EAC
  10. Dr. Muda Yusuf - Member, EAC

The team is tasked with developing and implementing policies to stimulate economic growth, reduce poverty, and increase employment opportunities in Nigeria. Some of the key areas they will focus on include:

  1. Fiscal policy: Developing and implementing fiscal policies to stimulate economic growth and reduce the country's debt burden.
  2. Monetary policy: Working with the Central Bank of Nigeria (CBN) to develop and implement monetary policies that promote economic stability and growth.
  3. Trade policy: Developing and implementing trade policies that promote exports, increase foreign investment, and reduce trade deficits.
  4. Infrastructure development: Identifying and prioritizing infrastructure projects that can stimulate economic growth and improve the business environment.
  5. Human capital development: Developing policies to improve education, healthcare, and skills development to increase productivity and competitiveness.

The new economic team is expected to play a crucial role in helping Nigeria recover from the economic challenges it has faced in recent years, including the impact of the COVID-19 pandemic and the decline in global oil prices.