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 main responsibility is to manage the finances of the Nigerian treasury in a transparent, accountable and efficient manner to bolster the country's economic development priorities. The current Minister of Finance is Shamsuddeen Usman.
Appointment
The Minister of Finance is appointed by the President of Nigeria subject to the confirmation of the nomination by the Nigerian Senate.
chedule of Duties
* 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.
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 Commission
* Nigerian Customs Service
* Security and Exchange Commission
Ministers of Finance
References
* [http://www.fmf.gov.ng Official Website - Federal Ministry of Finance]
* [http://www.nigeria.gov.ng/fed_min_finance1.aspx Federal Ministry of Finance]
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