The Federal Government has formed a Ministerial Economic Advisory Committee to strengthen economic policymaking and accelerate fiscal reforms.The committee, comprising economists, public finance experts, and private sector leaders, aims to bridge the gap between policy formulation and implementation.

Members include Abubakar Suleiman (Sterling Bank MD), Dr Ayo Teriba (Economic Associates CEO), Prof Uche Uwaleke (Capital Market Academics Nigeria President), and Chinyere Almona (Lagos Chamber of Commerce Director-General).

Minister of Finance Taiwo Oyedele emphasized the committee's role in providing independent, evidence-based advice to support government decisions and ensure reforms translate into tangible improvements for Nigerians.Key reforms include removing fuel subsidies, unifying the foreign exchange market, and implementing tax reforms to restore fiscal sustainability.The government targets 7% annual growth and a $1tn economy by 2030, requiring collaboration between public and private sectors.

Committee members are urged to focus on practical recommendations, assess policy impacts, and engage stakeholders to align policies with economic realities.