Tinubu Appoints Board of Directors for Ministry of Finance Incorporated (MOFI)


President Bola Tinubu has approved the appointment of ten qualified Nigerians to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI) according to Chief Ajuri Ngelale.

Nigerian President, Bola Ahmed Tinubu has approved the appointment of the following Nigerians Dr. Shamsudeen Usman, Dr. Armstrong Ume Takang, Mr. Tajudeen Datti Ahmed, Mr. Femi Ogunseinde, Mrs. Oluwakemi Owonubi, Mrs. Fatima Nana Mede, Mr. Ike Chioke, Ms. Chantelle Abdul, Mr. Alheri Nyako, Mr. Bolaji Rafiu Elelu as Board Members of the Ministry of Finance Incorporated.

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(1) Dr. Shamsudeen Usman – Board Chairman

(2) Dr. Armstrong Ume Takang – CEO/Managing Director

(3) Mr. Tajudeen Datti Ahmed – Executive Director, Portfolio Management

(4) Mr. Femi Ogunseinde – Executive Director, Investment Management

(5) Mrs. Oluwakemi Owonubi – Executive Director, Risk

(6) Mrs. Fatima Nana Mede – Non-Executive Director

(7) Mr. Ike Chioke – Non-Executive Director

(8) Ms. Chantelle Abdul – Non-Executive Director

(9) Mr. Alheri Nyako – Non-Executive Director

(10) Mr. Bolaji Rafiu Elelu – Non-Executive Director

President Tinubu places a premium on accurate and purposeful performance assessment of both commercial and non-commercial government-owned enterprises, as well as on the consistent attainment of the highest returns possible on all investments made in trust of the Nigerian people. 

As a result, the President expects nothing less than the highest level of results-driven performance from this highly experienced and qualified MOFI Board and Management team.

Other appointments include the appointment of two qualified Nigerians to serve as Members of the Board of the Nigeria Customs Service (NCS) for a term of four (4) years as representatives of the organized private sector:

(1) Dr. Aba Ibrahim
(2) Dr. Muda Yusuf
President Tinubu wishes the new appointees well in their deliberations and expects that the views and perspectives of the private sector are fully articulated, such that the objectives of the Renewed Hope agenda in the active promotion and attraction of investment across multiple sectors of the economy are completely realized through the efficient implementation of ongoing reforms within the Nigeria Customs Service (NCS).

Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)

November 24, 2023

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