Ministry of Budget and Economic Planning

About

The Federal Ministry of Budget and Economic Planning is one of the Federal Ministries of Nigeria. Its core responsibility is the formulation of medium term and long term economic and development plans for the nation.

History

It was originally set up by Decree No 12 of 1992 as the National Planning Commission and later amended by Act 71 of 1993. The Commission has the mandate to determine and advise the Government of the Federation on matters relating to National Development and overall management of the national economy.

Source: Wikipedia: Federal Ministry of Budget and Economic Planning (Nigeria)

Key Facts

Established

1992