Ogun State

Ministry of Finance

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MINISTRY OF FINANCE

Brief History
The Ministry of Finance as a full-fledged Ministerial Agency of the State has been established since the creation of Ogun State in February 1976 out of the then Western State of Nigeria. Ever since, the following individuals have at respective periods held the post of the Commissioner in the Ministry.

  1.     Professor Adedotun Phillips  1976 - 1978

 2.     Dr. Onaolapo Soleye  1978 - 1979

 3.     Prince Tola Sotinwa   1979 - 1982

 4.     Dr. Olufemi Okuronmu  1982 - 1983

 5.     Mr. Adebayo  1984 - 1986

 6.     Dr. Sheriff Akintola - Bello   1987 - 1989

 7.     Chief Nasiru Adewunmi Abudu   1989 - 1991

 8.     Late Chief Emmanuel Oluyinka Adeleye 1992 - 1993

 9.     Late Chief Bukola Akinmorin Oniyide  1994 - 1996

 10.  Mr. Akintola Adelakun Taiwo   1997 - 1998

 11.  Mr. Rasak Adebiyi Olufowobi   1998

 12.  Evangelist Samuel Oladipupo Durojaiye   1999 - 2003

 13.  Mr. Lekan Belo  2003 - 2007

 14.  Mr Kehinde Sogunle  2007-Till Date   

Structure

The Ministry is headed by the Honourable Commissioner who is also a member of the State Executive Council. The Honourable Commissioner is supported by the Permanent Secretary who is the Chief Accounting Officer of the Ministry. The Ministry however supervises the office of the Accountant General and the State Board of Internal Revenue. In the main, the Ministry presently operates through three (3) Departments namely:

 ·         Department of Finance and Administration

 ·         Central Department of Statistics

 ·         Central Revenue Monitoring Directorate

  Functions of the Ministry 

The Ministry presently performs the following functions:

 1)    Financial Policy and Regulations

 2)    Public Finance

       a)    Public Debt Management;

       b)    Internal and External Borrowings;

       c)     External Financial Assistance;

       d)    Loans Policy;

       e)    Financial Management Committee;

                i)      Funds Allocation Committee

               ii)     Funds Management Committee

               iii)    Financial Review Committee

               iv)   Loans Committee

                v)    Monitoring of all Revenue Sources

  3)     Relating with Relevant Financial Institutions

  4)     Provision of advice and counsel to all Revenue Generating Agencies and helping them to understand, interpret and apply established policies and procedures.

 5)    Proposing to Government the revenue objectives reached through research including the analysis of income/revenue survey

 6)    Designing the plans and programmes needed to achieve the designed objectives by all revenue collecting agencies

 7)    Insurance of Government Properties

 8)     Production of Statistical data on the activities of the State Government

 9)     Advisory Committee.

  Business Services Available 

   - Consultancy on Statistical Sampling and Surveys

    - Consultancy on Statistical Training

CONTACT DETAILS


Hon. Commissioner for Finance Mr. Kehinde Sogunle
Telephone: +234 (0) 803 7470026

Permanent Secretary Alhaji A. A. Adegbite
Telephone: + 234 (0) 803 9788340
 

 

 

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