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Economic Recession: Buhari Finally Reveals Composition of His Economic Team & The Aims

President Muhammadu Buhari has said no individual or interest group would be allowed to dictate to his government’s Economic Team.

President Buhari
Speaking in an exclusive interview with a monthly publication, The Interview, in its just released July edition, President Muhammadu Buhari has explained the approach and conduct of his Economic Management Team, as he explains his three wishes as president, including ensuring that every of the nation’s income is used for the good of the ordinary people, Empowered Newswire reports.
The President said regarding his Economic Team, “We will listen to everybody, but we are averse to economic teams whose private sector members frequently steer government policy to suit their own narrow interests rather than the overall national interest.”
President Buhari who spoke on the existence of an Economic Management Team for the administration, said the team headed by Vice President Yemi Osinbajo had as members, the Minister of Finance, Kemi Adeosun, and her counterparts in the Ministries of Budget and National Planning, Udoma Udoma; and Industry, Trade & Investments, Okechukwu Enelamah.
Other members of the team include the Central Bank of Nigeria governor, Godwin Emefiele; the National Economic Adviser, Oluyemi Dipeolu; and Director-­General of the Debt Management Office, DMO, Abraham Nwankwo.
Critics had attributed the current challenges facing the country’s economy to the absence of an Economic Team to provide the direction of government economic policies. “What do they mean by team?” the President asked.“The Vice President heads our economic management team.”‘
Below is the Q & A as reported in the publication.
Q: You have been criticized for not having an economic team. Don’t you think you need one?
A: “What do they mean by team? The Vice President heads our economic management team. You have a finance minister, a budget, and planning minister, a minister for industry, trade & investments, a governor at the Central Bank, a national economic adviser, and others, yet some still ask for a team. I don’t know how they define the word, ‘team.’
 
“We will listen to everybody, but we are averse to economic teams whose private sector members frequently steer government policy to suit their own narrow interests rather than the over-all national interest.”
Also in the publication, the President was asked what his wish list included as president. He listed three:
His words:
1. That we will truly change the way we do things in Nigeria. Therein lies the future of our country as a great entity.
2. A fully diversified Nigerian economy no longer dependent on oil only.
3. A Nigeria where every Naira that comes into the treasury is used for the good of the people, particularly, the ordinary people.

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