8 April 2021 By Georgina Humphrey
The Government of Kogi State has set up an Economic and Advisory Council, EAC, in a move to stir a revolution in the economy of Nigeria’s natural and human resources.
A statement signed by the state Commissioner for information and Communication, Kingsley Fanwo says the rationale behind setting up the EAC is to provide evidence-driven decision making and rigorous evaluation of the economy.
It states that the Council will systematically take stock of the most recent trends in economic development, applied economic methods, poverty analytics, evaluation methods, and modelling, measuring, and evaluating development interventions.
The statement explains that an all-embracing purpose of the Economic Advisory Council would be to sharpen the Kogi State Government’s analytical methods and capacity in support of continuing development effectiveness.
The EAC will provide advice to Kogi State Government on issues related to growth and development at the Local and State Government levels which would include New perspectives on economic development;
Innovative approaches to economic growth;
Innovations in Program and Project evaluation;
Poverty and income Dynamics amongst others.
“Convening experts in an advisory role will serve to inform the government on the success of its economic program development and measurement of results, shape future policy decisions and methodology, and enhance economic programs and economic growth” Fanwo added.
The statement stresses that the EAC would serve as a reference group for assessing and advising on methodological directions and innovations for the economic improvement of the state.
The Council is to be headed by the former Chairman of Kogi State Internal Revenue Service, Mr. Aliyu Inda Salami.