Buhari approves exclusion of Ministry of Finance Incorporated from TSA

In a statement by Femi Adesina, Special Assistant to the President on Media and Publicity, Buhari also granted the request of the board of MOFI to charge management and transaction fees and include the Minister of Power in its governing council.

As a government-owned investment company, the President stressed that MOFI must be supported to exercise its responsibility of achieving strong returns on investments while also contributing to the country’s broader economic development. “MOFI’s mission is to generate strong risk-adjusted returns, contribute to the well-being of Nigerians, and be a trusted steward of our nation’s assets and investments.

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