Finance Minister of Nigeria
The Minister of Finance of Nigeria is a senior cabinet official in the Nigerian Federal Executive Council. The Finance Minister's directs the Nigerian Ministry of Finance and ensures that it operates in a transparent, accountable and efficient manner to bolster the country's economic development priorities. The Minister is assisted by the Permanent Secretary of the Ministry of Finance, a career civil servant.
The current Nigerian Minister of Finance is Zainab Shamsuna Ahmed appointed on 14 September 2018 in Abuja.[1] Nigerian President Muhammadu Buhari accepted the resignation of his Finance Minister Kemi Adeosun.[2]
Duties of minister
- Preparation of annual budgetary estimates of revenue and expenditure for the Federal Government.
- Determination of Federal Government fiscal policies.
- Mobilization of domestic and external financial resources for national development purposes.
- Management of foreign exchange reserves.
- Management of Federal Government revenue.
- Currency valuation.
- Regulation of the insurance industry
- Revenue allocation management.
Ministers of Finance
| Name | Term |
|---|---|
| Festus Okotie-Eboh | 1960–1966 |
| Obafemi Awolowo | 1967–1971 |
| Shehu Shagari | 1971–1975 |
| Asumoh Ete Ekukinam | 1976–1977 |
| James Oluleye | 1977–1979 |
| Sunday Essang | 1979–1983 |
| Onaolapo Soleye | 1984–1985 |
| Kalu Idika Kalu | 1985–1986 |
| Chu Okongwu | 1986–1990 |
| Olu Falae | 1990–1990 |
| Abubakar Alhaji | 1990–1993 |
| Aminu Saleh | 1993–1993 |
| Kalu Idika Kalu | 1993–1994 |
| Anthony Ani | 1994–1998 |
| Ismaila Usman | 1998–1999 |
| Adamu Ciroma | 1999–2003 |
| Ngozi Okonjo-Iweala | 2003–2006 |
| Nenadi Usman | 2006–2007 |
| Shamsuddeen Usman | 2007–2009 |
| Mansur Mukhtar | 2009–2010 |
| Olusegun Olutoyin Aganga | 2010– June, 2011 |
| Ngozi Okonjo-Iweala | July 2011–May 2015 |
| Kemi Adeosun | 11 November 2015– September 2018 |
| Zainab Ahmed | September 2018 – present |
See also
- Nigerian Ministry of Finance
- Federal Ministries of Nigeria
References
- "CLOSE-UP: This is Zainab Ahmed - the new finance minister who schooled in Ogun state". TheCable. 2018-09-15. Retrieved 2020-02-26.
- "Nigerian Finance Minister Adeosun resigns over forgery claims". Firstpost. Retrieved 2020-02-26.
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