The Managing Director and Chief Executive Officer of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, has been named African Finance Industry Personality of the Year by the African Leadership Organization (ALO).
MOFI CEO Honoured as African Finance Industry Personality of the Year Read More »
In a major step toward optimizing Nigeria’s public assets, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, led a high-level delegation to the headquarters of the Ministry of Finance Incorporated (MOFI) for strategic discussions on enhancing the performance of state-owned enterprises.
FG Launches ₦100 Billion Real Estate Financing Scheme Read More »
Dr. Armstrong Katang, Chief Executive Officer of the Ministry of Finance Incorporated (MOFI), has attributed Nigeria’s revenue challenges to the poor management of government-owned assets. Speaking at the Fourth Quarter Public-Private Partnership Units Consultative Forum (3PUCF) in Abuja, Katang—represented by Executive Director Kemi Owonubi—highlighted MOFI’s mandate to identify, catalogue, and optimise federal assets to boost their value. He stressed that effective public-private
Poor Management of Government Asset Contributes to Nigeria’s Revenue Crisis Read More »
The Ministry of Finance Incorporated (MOFI) has formally terminated the Power of Attorney (PoA) granted to the Bureau of Public Enterprises (BPE) in the 11 Electricity Distribution Companies (Discos), directing that henceforth, equity interests of the Federal Government of Nigeria (FGN) in all electricity successor companies be restored, held and treated by it.
MOFI Revokes BPE’s Power of Attorney in Electricity Discos Read More »
Dr. Armstrong Takang, Managing Director of the Ministry of Finance Incorporated (MOFI), outlines the agency’s renewed mission to identify, value, and optimise Nigeria’s vast public assets for national development. He emphasises a three-point agenda: ensuring government-owned
Armstrong Takang: We need to change strategy, mindset on managing public assets Read More »
The federal government has directed the Ministry of Finance Incorporated (MOFI) to take bold and strategic steps to maximise returns from Nigeria’s public assets. Speaking at the inauguration of the reconstituted MOFI Board in Abuja, Finance Minister Wale Edun tasked the agency to identify, value, and optimise government-owned
FG to MOFI: Take bold, courageous investment steps on behalf of Nigerians Read More »