Federal Ministry of Finance (Nigeria)

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Federal Ministry of Finance
Ministry of Finance (Nigeria).png
Ministry of Finance Seal.jpg
Agency overview
Formed1960;64 years ago (1960)
Type Executive Department
Jurisdiction Federal Government of Nigeria
HeadquartersAhmadu Bello Way,
Central Business District,
Abuja,
Federal Capital Territory.
Minister responsible
Agency executive
  • Permanent Secretary
Parent department Government of Nigeria
Key document
Website https://finance.gov.ng/

The Federal Ministry of Finance is the government body that manages the finances of the Federal Government of Nigeria, including managing, controlling and monitoring federal revenues and expenditures. [1]

Contents

Bureaucratic Leadership

A senior civil servant acts as Permanent Secretary of the minister, assisting the politically appointed Minister of Finance, who is a member of the President's cabinet.

The Federal Ministry of Finance is led by the Honourable Minister of Finance and Coordinating Minister of the Economy, who serves as the chief executive officer. This role involves engaging with the public, both domestically and internationally. The Minister interacts with the ministry's bureaucracy through the Permanent Secretary, who oversees financial management as the Chief Accounting Officer.

The Permanent Secretary acts as a gateway for official documents intended for the Minister, verifying their legitimacy and propriety before transmission. This ensures that all documents presented to the Minister are validated and appropriate.

Parastatals and agencies

The Ministry of Finance is responsible for a number of parastatals and agencies:

See also

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References

  1. "Federal Ministry of Finance, Nigeria". Federal Ministry of Finance, Nigeria. Archived from the original on 10 June 2004. Retrieved 22 December 2009.