Investing In Today,
Tomorrow & The Future
The Ministry of Finance Incorporated (MOFI)
Who We Are
The Ministry of Finance Incorporated (MOFI), established in 1959 under the MOFI Act, serves as the sole manager of federal government investment interests, estates, and rights. Tasked with addressing economic challenges and driving economic renewal, MOFI oversees a substantial portfolio of federal investments, including over 130 asset classifications. This portfolio encompasses Government-Owned Entities (GOEs) and Government-Linked Companies (GLCs), with MOFI holding a majority stake in more than half, solidifying its role as a key strategic institution in national economic management.
Over the decades of its existence, MOFI, by virtue of the provisions of its enabling Act, has been in charge of managing a significant portfolio of Federal Government investments, spanning a wide range of about 130 asset classifications, including Government Owned Entities (GOEs) and Government Linked Companies (GLCs), in which it controls a majority stake in more than half of them.
A Snapshot of our Portfolio
MOFI is tasked with thinking about tomorrow today. We aspire to grow our portfolio to a minimum of ₦100 Trillion over the next 10 years.
Total estimated value of
MOFI's holdings
People Employed Indirectly
Total entities with confirmed MOFI shareholding
Our Core Objective
Our aspiration is to grow MOFI’s
AUM to a minimum of NGN100 trillion
over the next 10 years
Increase
Increase the economic impact of MOFI’s portfolio companies by generating a minimum of USD 10 billion in additional GDP by 2033, through strategic investments and partnerships that drive innovation, productivity, and competitiveness
Facilitate
Facilitate the creation of 50,000 new jobs across priority sectors of the Nigerian economy within the next 5 years, through MOFI’s catalytic investments and support for entrepreneurship
Establish
Establish at least 5 new sector-focused growth funds within the next 5 years, with the aim of catalysing growth in priority sectors and supporting the development of high-potential businesses
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