President Muhammadu Buhari has inaugurated the Governing Council, Board of Directors and an Executive Management Team of the Ministry of Finance Incorporated, a custodian of Federal government’s investments in various Government linked companies and Government owned Enterprises.
During the ceremony, President Buhari tasked the new Governing Council and the Board to raise the value of the MoFI’s portfolio from the current 18 trillion naira to 100 trillion naira by 2033.
Addressing the council, the President who is Chairman of the Governing Council alongside the Minister of Finance, Budget and National Planning, Zainab Ahmed as Vice Chair, said the inauguration of the council has become necessary to optimize returns on existing investments.
