History

The Ministry of Budget and National Planning was originally established as National Planning Commission by Decree No 12 Of 1992 and later amended by Act 71 Of 1993. The Ministry 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. The detailed objectives, functions, powers, and structure Of the Commission are outlined under sections 2, 3 and 5 Of the Establishment Act.

Vision

To be the most efficient planning institution that guides the growth and development Of the Nigerian economy to be and among the leading economies in the world.

Mission

To pro-actively determine and efficiently advise on matters relating to national development and overall management of the economy for positive growth, and to ensure that plans and policies are properly implemented by all relevant stakeholders.

FEDERAL MINISTRY OF FINANCE, BUDGET & NATIONAL PLANNING NIGERIA Image by: Umar Musa

Functions

The Act provides the commission with the following functions: