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Home Business & Economy

Finance Ministry launches employee performance management system ‘to drive economic growth’

by ABUBAKAR IBRAHIM
May 29, 2025
in Business & Economy
0
Finance Ministry launches employee performance management system ‘to drive economic growth’
L-R: Mrs Aderonke Abimbola Jaiyesimi, Director Human Resources Management; Mr Rikki Omive Owutti, Resource officer; Mrs. Lydia Shehu Jafiya, Permanent Secretary, Federal Ministry of Finance; Mr. Raymond Omenka Omachi, Permanent Secretary, Special Duties, Federal Ministry of Finance; Mrs. Modupe Bankole, Lead Consultant, and Mr Abubakar Musa Othman, Director EPRM, in a group photograph shortly after the 2025 Performance Contract signing ceremony by Directors and Heads of Units with the Permanent Secretary held today at the Federal Ministry of Finance, Abuja

L-R: Mrs Aderonke Abimbola Jaiyesimi, Director Human Resources Management; Mr Rikki Omive Owutti, Resource officer; Mrs. Lydia Shehu Jafiya, Permanent Secretary, Federal Ministry of Finance; Mr. Raymond Omenka Omachi, Permanent Secretary, Special Duties, Federal Ministry of Finance; Mrs. Modupe Bankole, Lead Consultant, and Mr Abubakar Musa Othman, Director EPRM, in a group photograph shortly after the 2025 Performance Contract signing ceremony by Directors and Heads of Units with the Permanent Secretary held today at the Federal Ministry of Finance, Abuja

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The Federal Ministry of Finance today signed the 2025 Performance Contract by its Directors and Heads of Units, following the recent two-day Ministerial Performance Management Retreat organised by the ministry.
Themed, “Strengthening Performance Management for Fiscal Stability,” the retreat held between May 9-10, 2025 at the Banquet Hall, Government House, Yola, the Adamawa State capital.
In her opening remarks, the Permanent Secretary Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya emphasized that the 2025 Performance Contract Signing is a renewed call to action for the Ministry’s Directors to drive Nigeria’s economic growth and development.
She noted that this initiative is in line with the vision of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Minister of State for Finance, Dr. Doris Nkiruka Uzoka-Anite, who are committed to ensuring that the ministry remains Nigeria’s number one service delivery ministry through proper management of the nation’s finances in an open, transparent, accountable and efficient manner that delivers on the country’s development priorities in line with the Renewed Hope Agenda of the Tinubu administration.
The Permanent Secretary urged the directors to ensure the realization of the Ministry’s Mandate and cascade their responsibilities to their subordinates for proper succession planning.
Also speaking, the Permanent Secretary Special Duties, Federal Ministry of Finance Mr. Raymond Omenka Omachi, highlighted the importance of collaboration and teamwork in achieving the ministry’s mandate, as well as policy objectives of the Federal Government.
He emphasized that collective effort is crucial in driving the government’s vision.
Mohammed Manga, the Director of Information and Public Relations in the ministry, commented: “This milestone signifies the formal conclusion of the Ministerial Performance Sub-System and marks the commencement of the Employee Performance Management System (EPMS) for the 2025 Performance Cycle.”
He added that the signing ceremony signified the ministry’s commitment to achieving excellence and delivering results-driven performance. As the drivers of Nigeria’s economy, the directors’ commitment to their duties will be instrumental in shaping the nation’s development.
He said: “Thus, with the 2025 Performance Contract Signing, the Federal Ministry of Finance reaffirms its dedication to driving economic growth and development in line with the policy thrust of the present administration for the benefit of all Nigerians even as the citizenry look forward to a year of collaborative effort, innovation, and results-driven performance.”

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