About the Ministry

The Federal Ministry of Finance is the government body that manages the finances of the Federal Government of Nigeria, including managing, controlling and monitoring federal revenues and expenditures.

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Our Areas of Services

The services of the Federal Ministry of Finance include: Collecting and disbursing government revenue; formulating policies on taxation, tariffs, fiscal management etc; preparing and managing the annual budget…MORE

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Nigeria’s Efficiency Unit

Nigeria now has an Efficiency Unit (Unit) as a dedicated office in Nigeria under the Federal Ministry of Finance. In broad terms, the Mandate of the Unit is to review the Expenditure profile and pattern of the Federal Government and…

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Primary Sectors of the Nigerian Economy

Oil & Gas

Oil is one of the major export earnings of the country. Nigeria is the first country in Africa and the eighth country in the world in terms of oil export. Nigeria’s first oil was drilled in 1958.

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Primary Sectors of the Nigerian Economy

Agriculture

Despite the fact that Nigeria is rich in oil, over 60% of citizens are employed in agriculture. In rural areas, the share of employment in the agricultural sector is over 90%. The potential of Nigerian agriculture is still far from exhausted.

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Primary Sectors of the Nigerian Economy

Mining

Minerals provide a great part of the national income of Nigeria. The first mining products for export in Nigeria were tin ore and coal. The Nigerian mining sector is gradually becoming the toast of both local and foreign investors, going by the current reforms undertaken by the Federal Government in the sector.

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