Ministry of Finance Launches Employee Performance Management System to Drive the Nation’s Economic Growth

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By Oladosu Adebola Oluwaseun Abuja, Nigeria

The Federal Ministry of Finance has today, June 2nd, 2025, taken a monumental stride towards galvanizing Nigeria’s economic growth and development with the formal launch of its Employee Performance Management System (EPMS) for the 2025 Performance Cycle. This significant event was underscored by the signing of the 2025 Performance Contract by the Ministry’s Directors and Heads of Units, a crucial culmination of the recent two-day Ministerial Performance Management Retreat. The retreat, aptly themed “Strengthening Performance Management for Fiscal Stability,” was held between May 9th and 10th, 2025, at the prestigious Banquet Hall, Government House, Yola, the Adamawa State Capital.This milestone not only signifies the formal conclusion of the Ministerial Performance Sub-System but, more importantly, marks the official commencement of a robust and results-oriented EPMS designed to optimize individual and collective contributions towards the nation’s economic prosperity. The Ministry’s commitment to this initiative reflects a profound understanding that a high-performing public service is indispensable for achieving sustainable development and delivering on the aspirations of the Nigerian populace.In her insightful opening remarks, Mrs. Lydia Shehu Jafiya, the Permanent Secretary of the Federal Ministry of Finance, underscored the profound significance of the 2025 Performance Contract Signing. She articulated it as a renewed call to action, urging the Ministry’s Directors to intensify their efforts in driving Nigeria’s economic growth and development.

Mrs. Jafiya emphasized that this groundbreaking initiative is deeply rooted in and aligned with the overarching vision of the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Honourable Minister of State for Finance, Dr. Doris Nkiruka Uzoka-Anite. Both ministers, she noted, are unwavering in their commitment to ensuring that the Federal Ministry of Finance maintains its esteemed position as Nigeria’s foremost Service Delivery Ministry. This commitment is to be realized through the meticulous and exemplary management of the nation’s finances, conducted in an open, transparent, accountable, and highly efficient manner. The ultimate objective, she stressed, is to deliver on the country’s development priorities in perfect consonance with the “Renewed Hope Agenda” of the President Bola Ahmed Tinubu-led Administration.

The Permanent Secretary further impressed upon the Directors the critical imperative of ensuring the full realization of the Ministry’s Mandate. She passionately urged them to effectively cascade their responsibilities to their subordinates, emphasizing the crucial importance of proper succession planning. This forward-looking approach ensures institutional memory, continuity of operations, and the development of future leaders within the Ministry, thereby guaranteeing sustained performance and impact.Adding to the collective resolve, Mr. Raymond Omenka Omachi, the Permanent Secretary Special Duties, Federal Ministry of Finance, took the podium to highlight the indispensable importance of collaboration and teamwork in achieving not only the Ministry’s Mandate but also the broader policy objectives of the Federal Government. Mr. Omachi emphatically stated that collective effort is not merely beneficial but absolutely crucial in driving the government’s ambitious vision for national development. His remarks served as a powerful reminder that while individual performance is vital, synergistic collaboration among departments and units is what truly propels an organization towards its overarching goals.The signing ceremony itself was a powerful visual affirmation of the Ministry’s unwavering commitment to achieving excellence and delivering results-driven performance. As the primary drivers of Nigeria’s economy, the dedication and commitment of the Directors to their duties will be absolutely instrumental in shaping the nation’s developmental trajectory. Their roles extend beyond administrative functions; they are stewards of national resources, architects of financial policies, and catalysts for economic transformation.

The EPMS will serve as a framework to measure, evaluate, and ultimately enhance their effectiveness in these critical roles.With the formalization of the 2025 Performance Contract Signing, the Federal Ministry of Finance unequivocally reaffirms its profound dedication to driving economic growth and development. This commitment is not merely a bureaucratic exercise but a deeply ingrained ethos aligned with the core policy thrust of the present administration, all for the singular benefit of all Nigerians. As the citizenry eagerly anticipates the fruits of these renewed efforts, the Ministry, under the astute leadership of its Honourable Ministers and Permanent Secretaries, promises a year characterized by collaborative effort, groundbreaking innovation, and, most importantly, tangible, results-driven performance that will positively impact the lives of every Nigerian. This systematic approach to performance management is poised to be a cornerstone of good governance, ensuring that public resources are utilized optimally and that national development goals are met with precision and efficacy.

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