Finance

Tinubu approves 10-man board for Ministry of Finance Incorporated

President Bola Tinubu has approved the appointment of ten Nigerians to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI).
According to a statement by Presidential spokesman, Ajuri Ngelale on Friday, they are “Shamsudeen Usman — Board Chairman, Armstrong Ume Takang — CEO/Managing Director, Tajudeen Datti Ahmed — Executive Director, Portfolio Management, Femi Ogunseinde — Executive Director, Investment Management, Oluwakemi Owonubi — Executive Director, Risk, Fatima Nana Mede — Non-Executive Director
Others include; Ike Chioke — Non-Executive Director, Chantelle Abdul — Non-Executive Director, Alheri Nyako — Non-Executive Director, Mr. Bolaji Rafiu Elelu — Non-Executive Director.
Ngelale said President Tinubu places a premium on accurate and purposeful performance assessment of both commercial and non-commercial government-owned enterprises, as well as on the consistent attainment of the highest returns possible on all investments made in the trust of the Nigerian people.
Meanwhile, Tinubu has approved the appointment of two Nigerians to serve on the Board of the Nigeria Customs Service (NCS) for a term of four years as representatives of the organised private sector.
According to a statement by presidential spokesman, Ajuri Ngelale yesterday, they are Dr. Aba Ibrahim and Dr. Muda Yusuf.
He said President Tinubu wished the new appointees well in their deliberations, and expects that the views and perspectives of the private sector are fully articulated, such that the objectives of the Renewed Hope agenda in the active promotion and attraction of investment across multiple sectors of the economy are completely realized through the efficient implementation of ongoing reforms within the Nigeria Customs Service (NCS).

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