Finance Minister of Nigeria
Encyclopedia
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 Ngozi Okonjo-Iweala
.
e-mails that are intended to trick the reader into sending personal information to a scam artist who will then use the information in an unethical way.
Another common email scam referencing this title is known as the Nigerian Advance Fee or '419' scam. The '419' refers to the paragraph citation in Nigeria's criminal laws. Another variation that may sometimes reference this title includes a false claim that an individual's email address was drawn as a winner of an astronomical sum of money.
Some of the emails, both the phishing emails, and the Advance Fee fraud or '419' emails, often reference this article directly in Wikipedia by linking to it, in an attempt to establish a claim of legitimacy as to who they are that are asking for personal information in those emails.
Nigerian Ministry of Finance
The Nigerian 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.-Services:...
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 Ngozi Okonjo-Iweala
Ngozi Okonjo-Iweala
Ngozi Okonjo-Iweala was appointed in July 2011 as Nigeria's “de facto prime minister” and the new Minister of Finance for the Federal Republic of Nigeria. Prior to this appointment, she was the Managing Director of World Bank and has also held the position of a Finance Minister and Foreign...
.
Duties of the Ministry
- 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 Festus Okotie-Eboh Festus Okotie-Eboh was a prominent and flamboyant Nigerian politician and former minister for finance during the administration of Abubakar Tafawa Balewa. Born to an Itsekiri Chief, in a town along the Benin River, he attended the Baptist School, Sapele for secondary education. He later joined the... |
1960–1966 |
| Adamu Ciroma Adamu Ciroma Adamu Ciroma is a Nigerian politician and former Governor of the Central Bank of Nigeria. He is currently a member of the People's Democratic Party.-Second Republic career:... |
1999–2003 |
| Ngozi Okonjo-Iweala Ngozi Okonjo-Iweala Ngozi Okonjo-Iweala was appointed in July 2011 as Nigeria's “de facto prime minister” and the new Minister of Finance for the Federal Republic of Nigeria. Prior to this appointment, she was the Managing Director of World Bank and has also held the position of a Finance Minister and Foreign... |
2003–2006 |
| Nnenadi Usman Nnenadi Usman Mrs. Nenadi Esther Usman is a Nigerian politician from Jere in Kaduna State, Nigeria. She was elected Senator for Kaduna South in the April 2011 elections, running on the People's Democratic Party platform.-Early career:... |
2006–2007 |
| Shamsuddeen Usman | 2007–2009 |
| Mansur Mukhtar Mansur Mukhtar Mansur Muhtar is a Nigerian economist who was appointed Minister of Finance in the cabinet of President Umaru Yar'Adua on 17 December 2008.He left office in March 2010 when Acting President Goodluck Jonathan dissolved his cabinet.-Background:... |
2009–2010 |
| Olusegun Olutoyin Aganga Olusegun Olutoyin Aganga Olusegun Olutoyin Aganga was appointed Minister of Finance from 6 April 2010 to June 2011.He was educated at the University of Ibadan, Nigeria where he obtained a B.Sc Degree in Biological Sciences in 1977 and the University of Oxford, United Kingdom where he obtained a degree in Theology in 2000... |
2010– June, 2011 |
| Ngozi Okonjo-Iweala Ngozi Okonjo-Iweala Ngozi Okonjo-Iweala was appointed in July 2011 as Nigeria's “de facto prime minister” and the new Minister of Finance for the Federal Republic of Nigeria. Prior to this appointment, she was the Managing Director of World Bank and has also held the position of a Finance Minister and Foreign... |
July 2011–Present |
Other
This title is often referenced in unsolicited spam or phishingPhishing
Phishing is a way of attempting to acquire information such as usernames, passwords, and credit card details by masquerading as a trustworthy entity in an electronic communication. Communications purporting to be from popular social web sites, auction sites, online payment processors or IT...
e-mails that are intended to trick the reader into sending personal information to a scam artist who will then use the information in an unethical way.
Another common email scam referencing this title is known as the Nigerian Advance Fee or '419' scam. The '419' refers to the paragraph citation in Nigeria's criminal laws. Another variation that may sometimes reference this title includes a false claim that an individual's email address was drawn as a winner of an astronomical sum of money.
Some of the emails, both the phishing emails, and the Advance Fee fraud or '419' emails, often reference this article directly in Wikipedia by linking to it, in an attempt to establish a claim of legitimacy as to who they are that are asking for personal information in those emails.