President Muhammadu Buhari has appointed Dr. Doyin Salami as his Chief Economic Adviser.

The development was made known on Tuesday in a statement issued by the Special Adviser to the President on Media and Publicity, Femi Adesina.

Until his new appointment, Dr Doyin was the Chairman of the Presidential Economic Advisory Council (PEAC).

The 59-year-old economist was a 1989 doctorate degree graduate in Economics of Queen Mary College, University of London.

He is Managing Director and Head Markets Practice at KAINOS Edge Consulting Limited, and member of the Adjunct Faculty at the Lagos Business School (LBS), Pan-Atlantic University, where he recently attained the rank of Senior Fellow/Associate Professor.

According to Mr Femi, “The Chief Economic Adviser to the President is expected to address all issues on the domestic economy and present views on them to the President; closely monitor national and international developments, trends and develop appropriate policy responses; develop and recommend to the President national economic policies to foster macro-economic stability, promote growth, create jobs, and eradicate poverty, among others”.