Finance Minister Inaugurates 15-Member Economic Advisory Team
The Federal Government has inaugurated a Ministerial Advisory Committee to strengthen economic policymaking, improve coordination, and accelerate fiscal and economic reforms.
The committee was launched in Abuja by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, who said it would provide independent, evidence-based advice to help government anticipate risks and ensure reforms deliver tangible benefits.
“Nigeria’s economic landscape is intricate, and our fiscal space is constrained. This committee exists to provide constructive external counsel, identify vulnerabilities before they become crises, and tell us how reforms are affecting factories, shops and communities,” Oyedele explains.
The 15-member body is chaired by Abubakar Suleiman, Managing Director of Sterling Bank, and includes economists, business leaders, and policy experts.
Its work will focus on four areas: economic policy advisory (growth, jobs, productivity, revenue), public financial management (discipline, borrowing, transparency), economic coordination (collaboration across ministries and private sector), and ensuring reforms translate into better living standards.
Responding on behalf of the committee, Suleiman pledged practical recommendations, “Our job is to free you to continue running the ministry while we think about issues not yet on the table. We will not come with advice you already know, but with what Nigerians are really saying.”
Members include Dr. Ayo Teriba, Prof. Uche Uwaleke, Chinyere Almona, Vincent Nwani, Segun Oloketuyi, Jide Adeola, Dimeji Salaudeen, Damilola Akinbami, Idris Belo-Osagie, Engr. Jani Ibrahim, Segun Ajayi-Kadri, Prof. Joseph Nnanna, Dr. Suleyman Ndanusa, and Dr. Baba Yusuf Musa.
The committee is expected to support government efforts to sustain reforms, strengthen fiscal management, and drive inclusive economic growth across Nigeria.