President Muhammadu Buhari has been urged to include the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the Minister of Finance, Zainab Ahmed as well as some other ministers in the Economic Advisory Council (EAC). This was said by the Managing Director/Chief Executive Officer, Cowry Asset Management Limited, Mr. Johnson Chukwu during an interview. According to Chukwu, it would be more appropriate if the relevant ministries/agencies were made members of the Council for ease of policy implementation. He stated that some of the decisions of the Council would be expected to cut across monetary policy, and as such, the CBN governor is not expected to be handed over the document by the executive arm for implementation. Chukwu said it was important for Emefiele to come in either as an advisor or as an observer. Chukwu made it known that there has to be a higher level of interface between the Council and the executive arm of government. He also said that the finance ministers and other economic ministers should join the EAC so that it wouldn’t be just advisory but executable government policies.

---

Support this podcast: https://anchor.fm/newscast-africa/support