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The Federal Ministry of Education is a part of the Federal Ministries of Nigeria. It regulates secondary and tertiary education in Nigeria. Its headquarters office is located at Block 5A (8th Floor), Federal Secretariat Complex, Shehu Shagari Way, Central Area, P.M.B. 146, Garki, Abuja.
The Nigeria Vision 20: 2020 is a perspective plan; an economic business plan intended to make Nigeria one of the top 20 economies by 2020, with a growth target of not less than $900 billion in GDP and a per capita of not less than $4,000 per annum. The three Pillars of the NV 20:2020 are i) guaranteeing the well-being and productivity of the ...
The Lagos State Ministry of Economic Planning and Budget is a government ministry of Lagos State, Nigeria. It is tasked with the responsibility to plan, draft and implement policies on the state's economic planning and budget. [1] The ministry was formed in June 2009. [2]
The budget, which was approved by lawmakers on Nov. 2, also includes allocations for a presidential yacht, official vehicles for the first lady's office, and renovations to the president's ...
Social Security Administration of Nigeria (SSA) Budget Office of the Federation (BOF) Bureau of Public Procurement (BPP) Central Bank of Nigeria (CBN) Corporate Affairs Commission (CAC) Debt Management Office (DMO) Federal Inland Revenue Service (FIRS) Federal Mortgage Bank of Nigeria (FMBN)
A senior civil servant acts as Permanent Secretary of the minister, assisting the politically appointed Minister of Finance, who is a member of the President's cabinet.. The Federal Ministry of Finance is led by the Honourable Minister of Finance and Coordinating Minister of the Economy, who serves as the chief executive officer.
Nigeria's goal under the National Economic Empowerment Development Strategy (NEEDS) program is to reduce inflation to the single digits. [56] By 2015, Nigeria's inflation stood at 9%. In 2005, the federal government had expenditures of US$13.54 billion but revenues of only US$12.86 billion, resulting in a budget deficit of 5%.
Bola Tinubu assumed office as President of Nigeria on 29 May 2023. The president has the authority to nominate members of his Cabinet to the Nigerian Senate for confirmation. Ministers were nominated in July, and confirmed by the senate in August 2023.