The Managing Director and Chief Executive Officer of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Ume Takang on Monday, expressed deep sorrow over the passing of former President Muhammadu Buhari, describing him as a visionary leader whose legacy continues to shape Nigeria’s economic institutions.

In a heartfelt tribute, the MOFI Chief Executive recalled Buhari’s instrumental role in reviving and restructuring MOFI, Nigeria’s sovereign investment vehicle. “As the nation mourns, all of us at the Ministry of Finance Incorporated (MOFI) are especially grieved by his loss, being the drivers of his vision for a renewed MOFI,” he said.

President Buhari, who passed away in London, had in February 2023 inaugurated the first board of MOFI after its strategic reformation. The move marked a critical turning point in the effort to transform Nigeria’s asset management architecture and improve the management and optimization of government-owned investments and assets.

“Late President Buhari’s foresight and political will laid the foundation for what has become a transformative journey for MOFI,” the MD noted. “He recognized the need to revitalize the institution and set it on the path to becoming a globally respected sovereign wealth and investment manager.”

The MOFI CEO also acknowledged that the restructuring efforts initiated by the Buhari administration have been sustained under the leadership of President Bola Ahmed Tinubu, ensuring the continuity of the reforms.

He concluded his message by offering prayers for the former president’s family and for the repose of his soul. “May God comfort his family and may the Almighty grant him eternal rest.”

President Muhammadu Buhari served as Nigeria’s civilian president from 2015 to 2023, following a distinguished military career and a brief tenure as Head of State in the 1980s. His contributions to economic reforms, anti-corruption efforts, and national infrastructure development continue to shape Nigeria’s policy landscape.
Source: theeconomictimes.com.ng