The Nigerian Ministry of Finance is the government body that manages the finances of the Federal Government of Nigeria

Nigeria

Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...

, including managing, controlling and monitoring federal revenues and expenditures.

Services

Services include collecting and disbursing government revenue,
formulating policies on taxation, tariffs, fiscal management etc.,
preparing and managing the budget,
preparing annual accounts for ministries, departments and agencies,
managing federal debt and
regulating the capital market.

Leadership

A senior civil servant

Nigerian Civil Service

The Nigerian Civil Service consists of employees in Nigerian government agencies other than the military.Most employees are career civil servants in the Nigerian ministries, progressing based on qualifications and seniority...

 acts as Permanent Secretary of the minister, assisting the politically appointed Minister of Finance, who is a member of the President

President of Nigeria

The President of Nigeria is the Head of State and head of the national executive. Officially styled President of the Federal Republic of Nigeria and Commander-in-Chief of the Nigerian Armed Forces. The current President of Nigeria is Goodluck Jonathan.-History:On October 1, 1960, Nigeria gained...

's cabinet.
Stephen Osagiede Oronsaye

Stephen Osagiede Oronsaye

Stephen Osagiede Oronsaye is a Nigerian accountant and civil servant who was appointed Head of the Civil Service of the Federation in June 2009. He began an energetic program of reform immediately after his appointment....

 was appointed Permanent Secretary of the Federal Ministry of Finance on August 20, 2008.
He was appointed Head of the Nigerian Civil Service in June 2009.
The Permanent Secretary as of December 2009 was Dr. Ochi C. Achinivu.
Shamsuddeen Usman was Minister of Finance from July 2007 to January 2009, when he was replaced by Mansur Muhtar.

Parastatals and agencies

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

• Office of the Accountant General of the Federation Of Nigeria
• Budget Office of the Federation
• Federal Inland Revenue Service
• Investment and Security Tribunal
• National Insurance Commission
• NEXIM
• Nigeria Deposit Insurance Corporation
  Nigeria Deposit Insurance Corporation
  The Nigeria Deposit Insurance Corporation was established on 15 June 1988 to strengthen the safety net for the newly liberalized banking sector, following the recommendation of former Central Bank of Nigeria governor Ola Vincent...
  
  
• Nigerian Customs Service
• Security and Exchange Commission
  Securities and Exchange Commission (Nigeria)
  The Securities and Exchange Commission is the main regulatory institution of the Nigerian capital market.It is supervised by the Federal Ministry of Finance....
  
  

See also

• Finance Minister of Nigeria
  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...
  
  
• Federal Ministries of Nigeria
  Federal Ministries of Nigeria
  The Cabinet of Nigeria is the Executive Branch of the Government of Nigeria.The Cabinet members are appointed by the President and report to the President....
  
  
• Nigerian Civil Service
  Nigerian Civil Service
  The Nigerian Civil Service consists of employees in Nigerian government agencies other than the military.Most employees are career civil servants in the Nigerian ministries, progressing based on qualifications and seniority...