Abuja-As the need to build a globally competitive economy intensifies, the federal government has inaugurated the governing boards of four (4) agencies under the Federal Ministry of Finance.
The boards includes; the Nigerian Customs Service (NCS), National Insurance Commission (NAICOM), Nigerian Export Import Bank (NEXIM) and Agriculture Credit Guarantee Scheme Fund (ACGSF).
Inaugurating these governing boards on Thursday in Abuja, the Minister of finance, Mrs. Kemi Adeosun said the reconstitution of the boards provides a platform for synergy between members and management for effective implementation of policies and programmes of government.
Hierarchically, the Minister of finance is the Chairman of the Nigeria customs Service board, while Colonel Hameed Ali,Comptroller General of Customs, will serve as the board’s Deputy Chairman.
Following the list, CBN deputy governor will chair NEXIM bank, while Mr. Emmanuel Nwosu to Chair the board of NAICOM and ACGSF has Mrs. Olubunmi Siyanbola as Chairman of the board.
Adeosun while inaugurating the boards, urged the appointees to take pragmatic steps to reposition the respective institutions entrusted to them and further tasked them to enhance performance through efficient management of accrued resources for national development.
While noting that the inauguration of the boards is critical, the Minister stated that the mandate of NAICOM, NCS and NEXIM revolves around the five pillars of the federal government’s Economic Recovery and Growth Plan (ERGP) and the various executive orders.
In her words to the boards’ members, Adeosun said, “For the President to have chosen you is a statement of trust and confidence which should not be taken lightly. This is a big responsibility which you are being charged to do.
“I offer you my support and the support of the ministry of finance. We are here to support you. I hereby inaugurate the governing boards of the Nigerian Customs, NAICOM, NEXIM and ACGSF” she ended.
On behalf of the governing boards’ members, the Chairman of NAICOM board, Mr. Emmanuel Nwosu expressed the delight of the members for the privilege to serve as governing members of the boards.
He praised the efforts of the federal government to reposition the financial sector and increase revenue generation, saying it is a “catalyst for developing the Nigerian economy.”
He commended the minister of finance and her team of experts “for their various efforts at positioning the economy, particularly, the ERGP and VAIDS.
”We are aware that the assignment before us is a colossal task. But with shared responsibility, commitment, dedication and political will, we are sure to surmount all the challenges.
“We pledge our unalloyed loyalty to the federal government on its drive towards elevating the Nigerian economy to a higher level and ensure that these various agencies deliver on their primary mandates and responsibility” he said.