Former Minister of Finance, Budget and National Planning
The People's Rating
About
Zainab Shamsuna Ahmed, born on June 16, 1960, is a Nigerian accountant and politician recognized for her significant contributions as the Minister of Finance, Budget, and National Planning of Nigeria from 2019 to 2023.
Early Life and Education
Ahmed was born in Kaduna State and attended Queen Amina College in Kaduna for her secondary education. She pursued her higher education at Ahmadu Bello University, where she obtained a Bachelor of Science degree in accounting in 1981. Furthering her academic credentials, Ahmed earned her Master’s in Business Administration (MBA) from Olabisi Onabanjo University.
Professional and Political Career
Ahmed’s career has been marked by various significant roles:
1. Early Accounting Career: After graduating, she started her career as an accountant in the Ministry of Finance in Kaduna State and later worked at NITEL.
2. Roles in Public Service: Ahmed has held various high-ranking positions, including managing director of the Kaduna State Investment Company and Chief Finance Officer of the Nigeria Mobile Telecommunications Company.
3. Finance Minister: She was appointed as Finance Minister on September 14, 2018, succeeding Kemi Adeosun. In 2019, President Muhammadu Buhari merged the Ministries of Finance and Budget and National Planning under her leadership, effectively making her the de facto Minister of the Economy.
4. NEITI: Prior to her ministerial role, Ahmed was the executive secretary and national coordinator of the Nigeria Extractive Industries Transparency Initiative (NEITI) and served on its board.
5. Global Roles: Ahmed’s influence extends to the international stage, where she serves as an ex-officio member of the Board of Governors for several institutions, including the African Development Bank (AfDB), ECOWAS Bank for Investment and Development (EBID), International Monetary Fund (IMF), Islamic Development Bank, and the World Bank.
Awards and Recognition
In October 2022, Ahmed was honored with the Nigerian national award of Commander of the Order of the Niger (CON), conferred by President Muhammadu Buhari, recognizing her contributions to Nigeria’s financial sector and economy.
Conclusion
Zainab Shamsuna Ahmed’s extensive career in finance and politics highlights her dedication to Nigeria’s economic development and her influence in shaping national financial policies. Her role as Minister of Finance, Budget, and National Planning has been pivotal in Nigeria’s economic planning and execution, making her one of the country’s most influential ministers.
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