About Yobe State Ministry of Finance

Welcome to the official website of the Yobe State Ministry of Finance. Established in 1991, the Ministry plays a pivotal role in managing the financial affairs of Yobe State, Nigeria. Over the years, it has been dedicated to promoting fiscal responsibility, transparency, and sustainable economic development.

Our Mission

To effectively manage the financial resources of Yobe State, ensuring prudent allocation and utilization for the overall well-being and development of the people.

Our Vision

A financially robust Yobe State, driving sustainable economic growth and providing quality public services to its citizens.

Historical Background

Yobe State was created in 1991 by General Ibrahim Badamasi Babangida, the then Military Head of State of Nigeria. Since its inception, the state has witnessed significant growth and development in various sectors. The establishment of the Yobe State Ministry of Finance was a crucial step towards fostering economic stability and fiscal responsibility.

Our Core Functions

  1. Budget Formulation and Implementation:

    • Develop comprehensive budgets to address the needs of the state.
    • Oversee the effective implementation of budgetary allocations.

  2. Revenue Mobilization:

    • Explore innovative revenue generation strategies for the state.
    • Ensure the collection of statutory revenues and taxes.

  3. Financial Planning:

    • Engage in strategic financial planning to support development projects.
    • Evaluate financial risks and provide sound recommendations.

  4. Accounting and Financial Reporting:

    • Maintain accurate and transparent financial records.
    • Produce timely and reliable financial reports for stakeholders.

  5. Fiscal Policy Development:

    • Formulate and review fiscal policies to stimulate economic growth.
    • Collaborate with relevant stakeholders to align policies with state objectives.

Achievements

Throughout our existence, the Yobe State Ministry of Finance has achieved significant milestones, contributing to the socio-economic advancement of the state. Some notable achievements include:

  • Successful implementation of various development projects.
  • Introduction of efficient financial management systems.
  • Promotion of fiscal transparency and accountability.

Contact Us

For inquiries, feedback, or collaboration opportunities, please feel free to contact us:

Yobe State Ministry of Finance Address: Potiskum Road, PMB 1045, Damaturu, Yobe State 

Address Email: info@pfm.yb.gov.ng, Phone: 070699391782

Thank you for visiting the Yobe State Ministry of Finance website. We remain committed to serving the people of Yobe State and contributing to the overall prosperity of the region.