Buhari approves MOFI board members, management team

Buhari approves MOFI board members, management team


President Muhammadu Buhari on Thursday approved the appointment of the inaugural members of the board and the executive management team of the new Ministry of Finance Incorporated.

The newly approved team will kickstart the execution of the crucial mandate of MoFI, an investment arm of the federal government with about 130 corporate entities.

A statement signed by Yunusa Abdullah, the Special Adviser on Media and Communications to Finance Minister, Zainab Ahmed, said the board of directors is to provide strategic direction and oversight.

Mr. Abdullah said the executive management team is to drive effective day-to-day operations of the business and will be supported by the middle management team.

The constituted part-time board members include Shamsudeen Usman as Chairman; non-executive directors who are permanent secretaries finance and petroleum; Accountant-General of the Federation, and representative of the Central Bank of Nigeria (CBN).

Others are Olawale Edun, Fatima…

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