President Tinubu Appoints New Board Members for Ministry of Finance Incorporated and Nigeria Customs Service


President Bola Tinubu has given his nod to the appointment of 10 distinguished Nigerians to the board of directors of the Ministry of Finance Incorporated (MOFI).

The announcement, made by Ajuri Ngelale, the special adviser to the President on media and publicity, underscores the government’s commitment to effective governance and optimal performance in both commercial and non-commercial government-owned enterprises.

The newly appointed board members for MOFI bring a wealth of experience and expertise to their respective roles.

Shamsudeen Usman assumes the position of Board Chairman, while Armstrong Ume Takang takes on the role of CEO/Managing Director.

Other key executives include Tajudeen Datti Ahmed as Executive Director for Portfolio Management, Femi Ogunseinde as Executive Director for Investment Management, and Oluwakemi Owonubi as Executive Director for Risk.

Additionally, non-executive directors include Fatima Nana Mede, Ike Chioke, Chantelle Abdul, Alheri Nyako, and Bolaji Rafiu Elelu.

President Tinubu places a high premium on the accurate and purposeful performance assessment of government-owned enterprises.

His expectations for the MOFI board and management team revolve around achieving the highest returns on investments made in trust of the Nigerian people.

The president’s directive reflects a commitment to results-driven performance and efficient management.

In addition to the MOFI appointments, President Tinubu has also approved the appointment of two members to the board of the Nigeria Customs Service (NCS).

These representatives from the organised private sector are appointed for a four-year term. The president expresses optimism that their perspectives will contribute significantly to ongoing reforms within the NCS.

President Tinubu’s appointments align with the objectives of the Renewed Hope agenda, aimed at actively promoting and attracting investments across various sectors of the economy.

The efficient implementation of ongoing reforms within the NCS is seen as instrumental in achieving these goals.

The president extends his best wishes to the newly appointed members of both MOFI and the NCS boards.

He anticipates their effective contributions and looks forward to the articulation of private sector views and perspectives, reinforcing the government’s commitment to fostering economic growth and attracting investments.

Source: Peoples Gazette

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