MOFI Briefs Finance Minister on Key Projects, Reaffirms Commitment to $1tn GDP Vision

The Managing Director and Chief Executive Officer of Ministry of Finance Incorporated (MOFI), Dr. Armstrong Ume Takang, has said the organisation remains committed to unlocking the value of Nigeria’s assets and delivering transformative projects in line with the Federal Government’s economic agenda.

Takang disclosed this following a strategic engagement with the Honourable Minister of Finance and Coordinating Minister of the economy, Mr.Taiwo Oyedele, during which MOFI briefed the minister on several of its ongoing projects and interventions across critical sectors of the economy. The minister assumed office in April 2026 following a cabinet reshuffle by President Bola Tinubu.

According to the MOFI Boss, the institution occupies a central position in President Bola Ahmed Tinubu’s Renewed Hope Agenda, with a mandate to optimise the nation’s assets for the benefit of Nigerians while implementing landmark projects with broad socio-economic impact.

He noted that MOFI’s interventions span agriculture, infrastructure, energy, and technology, adding that the organisation is leveraging sound corporate governance frameworks, strategic partnerships, and innovative systems to deliver sustainable value.

“MOFI is a priority platform within the Renewed Hope Agenda, one through which Mr. President expects Nigeria’s assets to be optimised for the benefit of citizens while driving impactful projects across the country,” Takang stated.

He further commended the Finance Minister for what he described as a clear vision for the continued implementation of the MOFI agenda, expressing appreciation for the support and assurances provided during the engagement.

The MOFI boss emphasised that the institution’s activities are closely linked to Nigeria’s broader economic transformation efforts and the administration’s ambition of building a $1 trillion economy.

“What we do at MOFI has significant implications for the nation’s economic development trajectory as Nigeria advances towards the $1 trillion GDP target,” he added.