Federal Ministry of Finance
Ahmadu Bello Way,
Central Area,
PMB 14, Garki Abuja, Nigeria
Telephone: +234 9 234 6290
Website: www.finance.gov.ng
Zainab Ahmed
Honourable Minister of Finance, Budget and National Planning
Prince Clem Ikanade Agba
Honourable Minister of State for Budget and National Planning
THE MINISTRY
The Federal Ministry of Finance was first established in 1958 to replace the Finance Department. The Ministry has responsibility for the management and control of Nigeria’s public finance, with the specific functions of:
• Preparing annual estimates of revenue and expenditure for the Federal Government
• Formulating policies on fiscal and monetary matters
• Mobilizing domestic and external financial resources through both internal and external financial institutions, for development purposes
• Maintaining adequate foreign exchange reserves aimed at ensuring a healthy balance of payment position
• Maintaining the internal and external value and stability of the Nigerian currency; monitoring government revenue from oil and non-oil resources• Supervising the insurance industry
• Managing revenue allocation matters
VISION
To be the most prominent Ministry in Service Delivery.
MISION
To manage the nation’s finance in an open, transparent accountable and efficient manner that delivers on the country’s development priorities.
Agencies/Parastatals
Federal Inland Revenue Service (FIRS)
Fiscal Policy in Nigeria
Investment and Security Tribunal
