Buhari approves partial exclusion of Ministry of Finance Incorporated from TSA

on Tuesday in Abuja approved the partial exclusion of the Ministry of Finance Incorporated from the Treasury Single Account .

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 broader economic development of the country. ‘‘With a vast portfolio and strategic investments that span across multiple sectors, MOFI has the potential to shape industries, spur innovation, and support economic growth.

On the restructuring of MOFI, the president explained that it is a clear indication of the government’s commitment to harnessing and creating value from its assets and investments, adding that the federal government is now positioned to optimize its assets, make strategic investments, diversify the economy, generate more revenue, revive public enterprises, and increase transparency in the public sector.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Nestlé Nigeria loses profit as finance expenses jump 126% to over N5bn in Q1 | TheCableNestle Nigeria Plc faced intensified pressure from rising debts and interest expenses in the first quarter (Q1), which lowered the company’s after-tax profit from almost N18 billion in the same period last year to N16.2 billion for the quarter.
Источник: thecableng - 🏆 2. / 80 Прочитайте больше »

Group canvasses leadership roles for women in financeThe working committee of 100 Women in Finance Nigeria has said there is a need for women in Nigeria’s finance industry to take key roles in their various professions.
Источник: MobilePunch - 🏆 8. / 63 Прочитайте больше »