
List Of All Ministers Of Budget And Economic Planning In Nigeria (2003-Present)
The Federal Ministry of Budget and Economic Planning in Nigeria was started as the National Planning Commission by Decree No. 12 of 1992 and was later changed by Act 71 of 1993.
This ministry’s responsibility is to help the government make decisions about the country’s development and how to manage the economy.
They plan and advise on how to improve the country and make the economy strong. Also, they look at many different areas to see what needs to be done to help Nigeria grow and develop.
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All Ministers Of Budget And Economic Planning In Nigeria (2003-Present)
Minister | Term | Party |
---|---|---|
Senator Abubakar Atiku Bagudu | 2023 - Present | APC |
Clement Agba | 2019 - 2023 | APC |
Udoma Udo Udoma | 2015 - 2019 | APC |
Obadiah Ando | 2003 - 2007 | PDP |
Who Was The Former Minister Of Budget And National Planning In Nigeria?
Clement Agba was the former Minister of Budget and National Planning in Nigeria. He served in this role from July 2021 until May 2023, during the presidency of Muhammadu Buhari.
His appointment came as part of a larger cabinet reshuffle to improve governance and economic management in Nigeria.
Clement Agba was born on December 20, 1964, in Edo State, Nigeria. He graduated with a Bachelor of Science degree in Accounting from the University of Benin.
Also, he is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN). Before he became a minister, Agba had a successful career in both the public and private sectors.
He worked in financial management and consultancy, gaining valuable experience that would later help him in his role as a minister.
As the Minister of Budget and National Planning, Agba created and implemented Nigeria’s national budget. He also coordinated the country’s economic planning efforts.
During his time in office, he worked to make the budgetary process more efficient and transparent. He wanted to ensure that the budget was aligned with the government’s developmental goals.
One of Agba’s key contributions was his involvement in the Economic Recovery and Growth Plan (ERGP). This plan aimed to revive Nigeria’s economy after periods of recession.
However, Agba faced many challenges during his tenure. One major challenge was managing the economic impact of the COVID-19 pandemic, which hit Nigeria’s economy hard.
Agba worked on initiatives to lessen these impacts, focusing on job creation, infrastructure development, and improving the ease of doing business in Nigeria.
He also promoted greater investment in key sectors like agriculture, technology, and infrastructure.Agba recognized that these sectors had the potential to drive economic growth and reduce poverty.
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Who Is The Current Minister Of Budget And National Planning In Nigeria?
The current Minister of Budget and National Planning in Nigeria is Senator Abubakar Atiku Bagudu.
He was appointed to this position in July 2023, right after President Bola Ahmed Tinubu took office.
Bagudu’s appointment shows that the Tinubu administration is focusing on economic reforms and strategic planning to tackle Nigeria’s financial problems.
Senator Abubakar Atiku Bagudu is an experienced politician and a member of the All Progressives Congress (APC), who served as the Governor of Kebbi State from 2015 to 2023.
As governor, he worked hard to improve the agricultural sector, build better infrastructure, and promote economic development in Kebbi.
Bagudu’s governance and economic management background makes him a good fit for his role as the Minister of Budget and Economic Planning.
In his current role, Bagudu is responsible for creating and implementing Nigeria’s national budget and economic policies.
This includes coordinating the government’s economic planning efforts, making sure that fiscal policies match national development goals, and creating an environment that encourages investment and economic growth.
Bagudu has stated that he is committed to improving the country’s revenue generation, addressing public debt, and carrying out economic reforms to stabilize the Nigerian economy.
He has also emphasized the importance of improving the macroeconomic framework and restoring investor confidence, which are essential for Nigeria’s economic recovery and growth.
Since taking on his role, Bagudu has led the Ministry in different initiatives aimed at improving the budgetary process and economic planning.
He has reassured Nigerians of the government’s commitment to addressing current economic hardships while promoting prosperity and growth.