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 Nneadi Usman

Appointment

The Minister of Finance is first appointed by the President of Nigeria; this appointment is then subject to ratification by both houses of the National Assembly of Nigeria. The President of Nigeria is both head of government and head of state of Nigeria. ... The Senate is one of the two houses of the National Assembly of Nigeria. ...

Schedule 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

Olu Falae is a Nigerian politician. ... Ngozi Okonjo-Iweala (born 13 June, 1954) is the first female Finance Minister of Nigeria, and is a former vice-president of the World Bank. ...

References

• Official Website - Federal Ministry of Finance
• Federal Ministry of Finance