Zainab Ahmed
Zainab Shamsuna Ahmedpronunciation CON (born 16 June 1960) is a Nigerian accountant[1] who has been serving as Minister of Finance, Budget and National Planning[2][3] since 2019. At the time, President Muhammadu Buhari brought the two ministries under her as one, making her the de facto Minister of Economy.
Zainab Ahmed | |
---|---|
![]() Hon Minister | |
Minister of Finance, Budget and National Planning | |
Assumed office 21 August 2019 | |
Appointed by | Muhammadu Buhari |
Minister of Finance | |
In office 2018–2019 | |
Preceded by | Kemi Adeosun |
Minister of State for Budget and National Planning | |
In office 2015–2018 | |
Personal details | |
Born | Kaduna State | 16 June 1960
Political party | All Progressive Congress |
Education | Ahmadu Bello University Olabisi Onabanjo University |
Occupation | Accountant, politician |
An accountant by profession with a Bachelor of Science degree in accounting from ABU Zaria and a Master's in Business Administration (MBA), Ahmed was appointed as Finance Minister upon the resignation of the previous Minister of Finance Kemi Adeosun on 14 September 2018.[4] In 2015, she was appointed as the Minister of State for Budget and National Planning by President Buhari.[5][6]
Early life and education
Ahmed was born in Kaduna State. She had her secondary school education at Queen Amina College, Kaduna, and later proceeded to have her A'Level in Zaria.[7] She got her first degree in Accounting from Ahmadu Bello University in 1981, after-which she proceeded to Olabisi Onabanjo University for her MBA.[8]
Ahmed's MBA was obtained in August 2004 from the Ogun State University, Ago Iwoye; while her BSc Accounting (1981) was from Ahmadu Bello University (ABU), Zaria; IJMB ‘A’ Levels (1979) from SBS/ABU Zaria; and WASC ‘O’ Level in 1977 from Queen Amina College, Kaduna.
Political career
[9] Ahmed is the current Minister of Finance, Budget and National Planning[10] of the Federal Republic of Nigeria. A portfolio that makes her one of the country's most influential minister. In that capacity, she's seeking to boost government revenue, with plans underway to raise value-added tax while taming public debt that is now estimated at more than $80billion.
Ahmed was the immediate past executive secretary and national coordinator of the Nigeria Extractive Industries Transparency Initiative (NEITI). She was also a member of the last two NEITI boards, having worked in the NEITI and global EITI.
Upon graduation, Ahmed was employed in 1982 as an Accountant II in the Main Accounts of Ministry of Finance in Kaduna State and was promoted to Accountant I in March 1984, but resigned in 1985 to join NITEL. Earlier, she had done her National Youth Service in Kaduna State in 1981/1982 where she was posted for primary assignment to Messrs. Egunjobi Suleiman & Co. Chartered Accountants, and served as an Audit Trainee.
Ahmed has served the Nigerian public in various high ranking positions, including as managing director of the Kaduna State of Nigeria's investment company, and also the Chief Finance Officer of the Nigeria mobile telecommunications company.[11] Zainab was reappointed and sworn in as the Minister of Finance on 21 August 2019 by the President[12]
Other activities
- African Development Bank (AfDB), Ex-Officio Member of the Board of Governors (since 2018)[13]
- ECOWAS Bank for Investment and Development (EBID), Ex-Officio Member of the Board of Governors (since 2018)[14]
- International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors (since 2018)[15]
- Islamic Development Bank, Ex-Officio Member of the Board of Governors (since 2018)[16]
- World Bank, Ex-Officio Member of the Board of Governors (since 2018)[17]
Award
In October 2022, a Nigerian national honour of Commander of the Order of the Niger (CON) was conferred on her by President Muhammadu Buhari.[18]
References
- "PROFILE: Zainab Ahmed: The official overseeing Nigeria's finance ministry". Premium Times. 17 September 2018. Retrieved 18 September 2018.
- "'Minister's approval of TAT rule at variance with enabling Act'". The Guardian Nigeria News - Nigeria and World News. 14 October 2021. Retrieved 22 February 2022.
- Ayitogo, Nasir (21 August 2019). "Buhari assigns portfolios to new ministers". Retrieved 2 September 2019.
- "Buhari accepts Adeosun resignation, names Zainab Ahmed as replacement". Cable. 14 September 2018. Retrieved 14 September 2018.
- "The CVs of Buhari's ministers at a glance". PM News. Retrieved 12 November 2015.
- "Nigeria is the hub of stolen cars – Finance Minister, Ahmed Zainab". Naijalitz. 13 August 2021. Retrieved 13 August 2021.
- Press, Fellow (17 September 2018). "Finance Minister Zainab Ahmed's profile – Fellow Press". Fellow Press. Retrieved 17 September 2018.
- "The CVs Of Buhari's Ministers At A Glance". PM News. Retrieved 14 October 2017.
- "Zainab Ahmed". World Bank Live. 1 October 2019. Retrieved 24 April 2021.
- AfricaNews (21 August 2019). "Nigeria's new cabinet inaugurated, president remains Petroleum minister". Africanews. Retrieved 2 September 2019.
- Television, Oak (28 May 2019). "Nigeria's Finance Minister, Zainab Ahmed, bags new degree from 'PMB School of Good Governance'". OAK TV. Retrieved 7 June 2019.
- "Fashola gets Works as Ngige, Amaechi, Lai retain portfolios". The Nation Newspaper. 22 August 2019. Retrieved 24 August 2019.
- 2019 Annual Report African Development Bank (AfDB).
- Board of Governors ECOWAS Bank for Investment and Development (EBID).
- Members International Monetary Fund (IMF).
- Board of Governors Islamic Development Bank.
- Board of Governors World Bank.
- "FULL LIST: 2022 National Honours Award Recipients The Nation Newspaper". 9 October 2022. Retrieved 31 October 2022.