Innovation, Science and Technology
Minister: Uche Nnaji
Funds R&D and supervises the science agencies — NASENI, NASRDA, RMRDC, the Sheda Science Complex and the National Biotechnology Agency — to drive innovation-led growth.
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Finance
Minister: Wale Edun
Mandate
The Federal Ministry of Finance, headed by the Coordinating Minister of the Economy, manages federal revenue and expenditure, debt management, fiscal policy, customs and excise interfaces, and overall economic coordination.
It supervises the Federal Inland Revenue Service (FIRS), the Nigeria Customs Service, the Debt Management Office (DMO), the Office of the Accountant-General of the Federation, the Bureau of Public Enterprises (BPE), the Asset Management Corporation of Nigeria (AMCON), and the Nigerian Sovereign Investment Authority.
Strategic priorities include the fiscal aspects of the Renewed Hope Agenda, implementation of the Tax Reform Acts, removal of the petrol subsidy and rationalisation of foreign-exchange policy, broadening the non-oil revenue base, debt sustainability through liability-management operations, and operationalising the Investment and Securities Act 2025.
Other ministries
View allMarine and Blue Economy
Minister: Gboyega Oyetola
Created in 2023 to develop policy for ports, shipping, fisheries and coastal resources through the Nigerian Ports Authority, NIMASA, the Shippers' Council and the Maritime Academy in Oron.
Budget and Economic Planning
Minister: Abubakar Atiku Bagudu
Coordinates the federal budget, the Medium-Term Expenditure Framework and Nigeria's national development plans, supervising the Budget Office, the Bureau of Statistics and NISER.
Health and Social Welfare
Minister: Muhammad Ali Pate (Minister of State: Iziaq Adekunle Salako)
Oversees public health, hospitals and drug regulation through NPHCDA, NCDC, NAFDAC, NHIA and NACA, anchoring the Nigeria Health Sector Renewal Investment Initiative.
Petroleum Resources
Minister: Bola Ahmed Tinubu (Ministers of State — Oil: Heineken Lokpobiri; Gas: Ekperikpe Ekpo)
Sets policy for the upstream, midstream and downstream oil and gas value chain, with the President as substantive Minister and separate Ministers of State for Oil and Gas, supervising NUPRC, NMDPRA and NNPC Ltd.
Defence
Minister: Mohammed Badaru Abubakar (Minister of State: Bello Matawalle)
Directs national defence policy and oversees the Nigerian Army, Navy and Air Force, working with the service chiefs, DICON and the Defence Intelligence Agency on national security.