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Federal Ministry of Trade & Investment

Federal Ministry of Trade and Investment
Block H, Old Federal Secretariat,
Garki Area 1,
P.M.B 88, Garki,
Abuja - Nigeria 
Telephone - +234 9 234 1884
Website:- www.fmti.gov.ng

 

 

 


PROFILE:

Olusegun Olutoyin Aganga is the Honourable Minister of   Industry, Trade and Investment for the Federal Republic of Nigeria. Prior to this appointment, he served as the Honourable Minister of Finance and the Chairman of the Nigerian National Economic Management Team (NEMT). As the Governor representing Nigeria on the Governing Boards of the World Bank and the International Monetary Fund, he was the Chairman of the Joint Board of Governors of the World Bank and the IMF during the October 2010 Annual Meetings. He also served as Governor on the board of the African Development Bank. 

He marshalled significant fiscal and budgetary reforms as the Honourable Minister of Finance, including the legal establishment of the Nigeria Sovereign Investment Authority. While in charge at the finance ministry, Mr Aganga successfully launched Nigeria's sovereign Eurobond offering and personally led the institutional sales investor effort. He also oversaw the launch of an ambitious job creation policy and commenced the country's much needed fiscal consolidation process.

Prior to returning to Nigeria to serve in President Goodluck Jonathan's Cabinet, Mr Aganga was a Managing Director at one of the world's leading investment banks, Goldman Sachs International, London. In 2006, he led the Goldman Sachs team that gave a presentation on Nigeria's economic potential to the Nigerian President and his Economic Team. This presentation led to the launch of Nigeria's Vision 2020 programme.

Before joining Goldman Sachs, he had amassed over 20 years of international financial experience, working as a chartered accountant at Ernst & Young in both Lagos and London.

Mr. Aganga is a Fellow of the Institute of Chartered Accountants. He has served on a number of boards including the board of Technoserve and as a member of an European Commission Expert Group on Alternative Investment Management.

He is the founder of the Nigeria Leadership Initiative (NLI), which is part of the Aspen Global Leadership Network. NLI is a non-profit, non-partisan leadership platform for credible and accomplished Nigerians, both at home and in the Diaspora, to play a transformative role in the society.

Mr Aganga is a professional accountant, with degrees from Oxford University, UK and the University of Ibadan, Nigeria. He is married with children.

 

 

 

 

 

 

 

 




THE MINISTRY:

Federal Ministry of Trade and Investment was created to play a decisive role in the diversification of the resource base of the economy by promoting trade and investment with special emphasis on increased production and export of non-oil and gas products that will lead to wealth and job creation, poverty reduction and ensure enhanced service delivery in a manner that will stimulate the growth of the domestic economy for self-reliance and export and its integration into the global market taking full advantage of globalization.

MISSION:
To reposition commerce as the hub of the nation’s economy.

 

Parastatals/Agencies:
Abuja Securities and Commodity Exchange

Bank of Industry(BOI)

Consumer Protection Council

Corporate Affairs Commission

Industrial Training Fund(ITF)

Nigeria Accounting Standard Board(NASB)

Nigeria Export Processing Zone Authority(NEPZA)

Nigeria Export Promotion Council(NEPC)

National Automotive Council(NAC)

National Sugar Development Council(NSDC)

Oil and Gas Free Zone Authority(OGFZA)

Standard Organisation of Nigeria

Trade Fair Complex

Tafawa Balewa Square

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