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This profile was last updated on 2/26/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Ben Ifeanyi Akabueze

Wrong Ben Ifeanyi Akabueze?

Honourable Commissioner

Local Address: Nigeria
Company Description: "We are developing the water sector and integrating ferries and rail now at different levels of work in progress. But in our Master-plan, they are fully integrated...   more

Employment History

  • Planning Commissioner
    Lagos State Government
  • Commissioner
    Economic Planning & Budget
  • Managing Director and Chief Executive Officer
    NAL Bank Plc
  • Executive Director
    NAL Bank Plc
  • Commissioner for Economic Planning
    Lagos State
  • Commissioner for Finance and Budget Planning
    Lagos State
  • Assistant Vice President and Head
    World Corporation Group

Board Memberships and Affiliations

  • Honorary Commissioner for Economic Planning and Budget
    Lagos State Government
  • Honorary Commissioner
    Economic Planning & Budget
  • Fellow
    Institute of Chartered Accountants of Nigeria
  • Board Member
    NAL Bank Plc


  • St. Joseph's College
  • Advanced Management Programme
    Lagos Business School
152 Total References
Web References
"Social services can't keep up."

..., 26 Feb 2014 [cached]
"Social services can't keep up."

Fashola's planning commissioner Ben Akabueze thinks Lagos could have 35 million people by 2025 on current growth rates.
In 1970, authorities say, there were just 1.4 million Lagosians.

"We can't stop them from coming," Akabueze told Reuters from his office in mainland Lagos's noisy, heaving Ikeja district. "There's been a net positive migration almost on a daily basis."

To try to cope better, the government is rolling out a compulsory residents' registration. "Everybody is welcome," Akabueze says.
Mr. Ben ..., 28 Dec 2013 [cached]
Mr. Ben Akabueze
Commissioner for Economic Planning & Budget.
'Your life (Ben) has been a ..., 21 Oct 2014 [cached]
'Your life (Ben) has been a living testimony of God's power and faithfulness' -Pastor E.A. Adeboye
Tongues wagged, emotions rose, ethnic kite flew as Ben Ifeanyi Akabueze was appointed a commissioner in the cabinet of Lagos State in January, 2007 by Bola Ahmed Tinubu, the then Governor of Lagos State. Those who could not fathom why a non indigene of Lagos and a person of Igbo extraction should be appointed a commissioner became more irked by his deployment to the vital Ministry of Economic Planning & Budget.
All these soon fizzled out and gave way to praises and commendations as Ben settled down to work bringing his wizardry in fund management to bear and introducing budgetary and planning reforms that impacted positively on resource management thereby ensuring better service delivery to the people of Lagos State.
The unprecedented growth of the State since 2007 has attracted commendation from home and abroad. That Akabueze is an integral part of the rapid development that Lagos State has witnessed in all sectors such as infrastructure renewal, socio-economic growth and security is to state the obvious.
Infrastructure renewal and development is undoubtedly critical to socio-economic transformation, improved standard of living and service delivery. Ben came to office with a career objective centred on leadership role in financial services institution that is committed to market prominence through superior service delivery and relationship management. This personal commitment fully aligned with the mission of the ministry he superintends, which is to manage resources optimally for socio-economic development of Lagos State to put him in a vantage position to key into the revolution of the government he serves.
Following his appointment, he introduced reforms to the budget preparation and development planning of the State.
Considering that, in the past, there was no plan that is all encompassing and one which could serve as a generic guide to planning in all MDAs, it will not be out of place to commend the ingenuity that Ben Akabueze has brought into the planning of the State's development.
Ben also brought inclusiveness into government business by introducing the budget consultative forum to interface with the public and get their views on what they want at the beginning of the budget preparation cycle. Budget analysis, which is also conducted to shed more light on the budget components (immediately the budget gets the assent of the Governor), complemented with the quarterly budget performance review to intimate the public with the budget performance.
The organisation of the world class Lagos Economic Summit (Ehingbeti) and the diligent execution of the resolutions and recommendations emanating there from, to the benefit of the State, are a direct result of the importance that Ben attaches to consultation and taking informed decisions.
Born in Maiduguri on September 19, 1959, Ben attended St. Joseph's College, Sasse-Buea, Cameroon he finished in 1976 and proceeded to Dennis Memorial Grammar School, Onitsha where he passed his General Certificate of Education Advanced Level in 1976. He got admission to the prestigious University of Lagos in 1979 where he graduated with First Class Honours in Accounting in 1982. An alumni of the Lagos Business School where he studied Advanced Management Programme in July, 1995; he is a Fellow of both the Institute of Chartered Accountants of Nigeria and Institute of Credit Administrators.
Ben, a polished and accomplished financial guru started his working career in 1982 when, as a Youth Corps Member, he worked as Accounting Supervisor at the Nigerian Television Authority in 1982. e joined Pricewater House in 1983 and served as Assistant Auditor till 1985.
The diligent and hard working Akabueze was an acting Chief Executive Officer, Fidelity Union Securities from 1993 to September, 1994. He was Managing Director of NAL Bank Plc, Executive Director, Corporate Banking of Sterling Bank where he retired in 2006 and established BIA Consulting Ltd. (A Business and Financial Services Advisory Firm).
An ordained Pastor of the Redeemed Christian Church of God and a true and God fearing Nigerian, his shrewd management of the resources put in his care put a lie to the belief that it takes indigenes of a State to be honest, steadfast and committed to her growth and development. I therefore seize the opportunity of his 55th birthday to wish our dear, Pastor Ben, long life, good health and many more years in the service of God and humanity. Happy Birthday!
NAL Bank - NIBL Cont'd, 22 Aug 2008 [cached]
Ben Akabueze (Director)Ben was appointed the Managing Director & Chief Executive of NAL Bank Plc in October 2000.He holds a B.Sc Accounting (First Class Honours) from the University of Lagos.He is a fellow of the Institute of Chartered Accountants of Nigeria and an alumni of the Lagos Business School Advanced Management Programme.Ben Akabueze started his career with Price Waterhouse (now PriceWaterhouse Coopers) before moving on to Nigeria International Bank Limited (now Citibank), where he rose to the position of Assistant Vice President/Head of World Corporation Group.He later moved to Fidelity Union Merchant Bank, before joining United Bank for Africa as a DGM, from where he joined NAL as an Executive Director in 1999.
Also present at the occasion were ..., 16 Mar 2015 [cached]
Also present at the occasion were members of the State Executive Council including the Commissioners for Finance, Budget and Economic Planning, Commerce and Industry, Special Duties, Justice and Education, Mr. Ayo Gbeleyi, Mr. Ben Akabueze, Mrs. Olusola Oworu, Dr. Wale Ahmed, Mr. Ade Ipaye and Mrs. Olayinka Oladunjoye respectively while the British Deputy High Commissioner was accompanied by the Communications Manager, Mr. Wale Adebajo.
Lagos State Governor, Mr. Babatunde Fashola SAN (M), with the visiting British Deputy High Commissioner, Mr. Martin Uden (4th L), Communication Manager, Mr. Wale Adebajo (R), Commissioner for Commerce and Industry, Mrs. Olusola Oworu (3rd L), her Finance, Economic Planning and Budget, Special Duties, Education and Justice counterparts, Mr. Ayo Gbeleyi (2nd L), Mr. Ben Akabueze (L), Dr Wale Ahmed (2nd R), Mrs. Olayinka Oladunjoye (4th R) and Mr. Ade Ipaye (3rd R) respectively during a courtesy visit by the British Deputy High Commissioner to the Governor at the Lagos House, Ikeja
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