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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 Wale Edun appointed by President Bola Tinubu on 16 August 2023.

Duties of the 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

See also

References

Sources