The adoption of Treasury Single Account has resulted in the blocking of financial leakages in public sector, President Muhammadu Buhari has said.
Speaking yesterday during the inauguration of Minister, Buhari said the initiative is making more funds available for the business of governance and ensuring the welfare of citizens.
According to him, the Central Bank of Nigeria has also assisted more than 30 States of the federation with concessionary loans to offset salary arrears for their workers.
On the monetary side, he explained that the CBN has also implemented country-specific and innovative policies that have helped to stabilize the exchange rate and conserve our reserves.
Explaining further, the President said: “Finally, our new ministers must proceed to work speedily and do their utmost to justify the confidence we have placed in them not only by their conduct but also by their performance in their various positions.
“Over all our economy is poised for sustained job creation, poverty reduction and inclusive growth. Regardless of the present challenges we are confronting, I believe all Nigerians will keep hope alive and sustain their optimism about the future of our economic well being.
“The Ministries have been rationalised and reduced to twenty-four. These are the Ministries and their Ministers.
These are the Ministries and their Ministers
1 ABUBAKAR MALAMI (SAN) JUSTICE
2 GEOFFREY ONYEAMA FOREIGN AFFAIRS
3 KHADIJA BUKAR ABBA IBRAHIM STATE MINISTER OF FOREIGN AFFAIRS
4 BRIG. GEN. MM DAN ALI DEFENCE
5 ADAMU ADAMU EDUCATION
6 PROF. ANTHONY ANWUKAH STATE MINISTER OF EDUCATION
7 MRS KEMI ADEOSUN FINANCE
8 OKECHUKWU ENELAMAH INDUSTRY, TRADE AND INVESTMENT
9 MS. A’ISHA ABUBAKAR STATE MINISTER OF INDUSTRY, TRADE AND INVESTMENT
10 DR. (SEN) CHRIS NWABUEZE NGIGE LABOUR AND EMPLOYMENT
11 BARRISTER JAMES E. OCHOLI STATE MINISTER OF LABOUR AND EMPLOYMENT
12 MUHAMMADU BELLO FEDERAL CAPITAL TERRITORY
13 ABDULRAHMAN BELLO DANBAZAU INTERIOR
14 UDOMA UDO UDOMA BUDGET AND NATIONAL PLANNING
15 ZAINAB SHAMSUNA AHMED STATE MINISTER OF BUDGET AND NATIONAL PLANNING
16 EMMANUEL IBE KACHIKWU STATE MINISTER OF PETROLEUM RESOURCES
17 BABATUNDE RAJI FASHOLA (SAN) POWER, WORKS AND HOUSING
18 MUSTAPHA BABA SHEHURI STATE MINISTER OF POWER, WORKS AND HOUSING
19 CHIEF AUDU INNOCENT OGBEH AGRICULTURE AND RURAL DEVELOPMENT
20 HEINEKEN LOKPOBIRI STATE MINISTER OF AGRICULTURE AND RURAL DEVELOPMENT
21 CHIBUIKE ROTIMI AMAECHI TRANSPORTATION
22 SENATOR HADI SIRIKA STATE MINISTER OF AVIATION
23 ISAAC FOLORUNSHO ADEWOLE HEALTH
24 DR. OSAGIE EHANIRE STATE MINISTER OF HEALTH
25 SENATOR A’ISHA JUMMAI AL-HASSAN WOMEN AFFAIRS
26 PASTOR USANI USANI UGURU NIGER DELTA
27 CLAUDIUS OMOLEYE DARAMOLA STATE MINISTER OF NIGER DELTA
28 BARRISTER ADEBAYO SHITTU COMMUNICATIONS
29 LAI MOHAMMED INFORMATION
30 AMINA MUHAMMED ENVIRONMENT
31 IBRAHIM USMAN JIBRIL STATE MINISTER OF ENVIRONMENT
32 ENG. SULEIMAN ADAMU WATER RESOURCES
33 BARRISTER SOLOMON DALONG YOUTH AND SPORTS
34 KAYODE FAYEMI SOLID MINERALS
35 ABUBAKAR BAWA BWARI STATE MINISTER OF SOLID MINERALS
36 DR OGBONNAYA ONU SCIENCE AND TECHNOLOGY