ABOUT US

The Akwa Ibom State Ministry of Finance & Economic Development, as it was then known, came into existence at the creation of Akwa Ibom State on September 23rd, 1987. In the year 2002, the Ministry of Economic Development was carved out and it became known as the Ministry of Finance. The Ministry has the core mission of establishing, maintaining and ensuring the continuous improvement of the machineries for the sourcing, collection, custodying, accounting and utilisation of public funds. Its vision is to maintain the required management capacity and institutional framework for effective and efficient application of financial resources in an accountable and transparent manner; and to instil due process in Government financial transactions to ensure probity, value for money, transparency and accountability in public expenditure.

Commissioner

OUR COMMITMENT

Ministry of Finance is committed to ensuring probity, transparency and accountabiilty in the disbursement of public funds towards imrpoving the state's economy To fulfil its mission and vision, as well as carry out its functions and responsibilities, the Ministry of Finance is structured into Offices and Departments, thus:

  • Office of the Hon. Commissioner (Chief Exec. Officer)
  • Office of the Permanent Secretary. (Head, Admin./Accounting)
  • Office of the Accountant-General
  • State Budget Office; Administration Department
  • Ministry of Finance Incorporated (MOFI)
  • Computer Centre
  • Planning, Research & Statistics Department
  • Staff Housing Scheme Board
  • Funds Monitoring Unit, Debt Management Department and
  • Supervisory role over Internal Revenue Service (IRS)

PRESS RELEASE

AKSG TASKS MICRO FINANCE BANKS ON AGGRESSIVE LOANS RECOVERY
Akwa Ibom State Government has tasked Managing Directors of Micro Finance Banks in the State to embark on aggressive recovery of the non-interest loans...read more
FINANCE COMMISSIONER ADVISES CITIZENS TO EMBRACE AGRICULTURE TO ENSURE FOOD SUFFICIENCY
The Commissioner for Finance, Mr. Linus Nkan has advised Akwa Ibom people to embrace agriculture to ensure food sufficiency and to forestall untold hardship...read more
STATE GOVERNMENT HARPS ON IMPROVED REVENUE GENERATION BY MDAs
The Commissioner of Finance, Mr Nsikan Nkan has harped on the need for Ministries, Departments and Agencies of Government to improve on their revenue...read more

Who we are?

Akwa Ibom State Ministry of Finance is committed to ensuring probity, transparency and accountability in the disbursement of public funds towards improving the State's economy. We promise to uphold the tenet of transparency, accountability and due process in the management of Government funds.

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Our Vision

To maintain the required management capacity and institutional framework for effective and efficient application of financial resources in an accountable and transparent manner; and to instill due process in Government financial transactions to ensure probity, value for money, transparency, and accountability in public expenditure.

Our Charter

In accordance with our core values, our charter states our commitment to consistently provide excellent service to our clients. It also pledges to achieve this effectively and efficiently with the highest standard of integrity, transparency, probity, accountability and value for money. To us, the charter is much more than a statement of our commitment to quality

Our Core Values

Teamwork
Itegrity
Commitment
Efficiency
Excellence