The Ministry of Finance Incorporated (MOFI) has set a target of growing the federal government’s assets under management (UAM) to N100 trillion in next one decade.
To achieve this, the outfit is set to track Nigeria’s real estate, oil and gas assets, solid minerals, and other assets belonging to the federal government within and outside the country, as part of efforts to optimise them for the country’s economic interest.
Managing Director of MOFI, Dr. Armstrong Takang, unveiled this plan at the weekend in Abuja during the inauguration of the restructured MOFI board.