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Economic Issues > Blog > Uncategorized > Fed Govt Tasks Treasury Officers to Safeguard Over 40 Donor Project Funds
Uncategorized

Fed Govt Tasks Treasury Officers to Safeguard Over 40 Donor Project Funds

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By Reporter July 24, 2025
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Fed Govt Tasks Treasury Officers to Safeguard Over 40 Donor Project Funds

By Patience Ikpeme

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The federal government has chosen a select group of Treasury Officers from across the country to serve as gatekeepers for funds allocated to over 40 donor-funded projects.

 

Accountant-General of the Federation (AGoF), Shamseldeen Ogunjimi, addressed these officers during the Federal Projects Financial Management Department’s Retreat in Abuja, stressing the profound responsibility they now bear.

 

Akuagwu Raphael Chucks Director Finance and Administration who represented the AGoF told the Treasury Officers that they have been entrusted with a significant duty, managing “not just Public Funds, but Borrowed Funds which must be repaid in time, either in ours or that of our children.”

 

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He underscored the privilege of their selection from numerous Treasury Officers nationwide to “safeguard the future of this great nation as the first gate keepers of critical Public funds as represented by the over forty (40) Donor Funded Projects.”

 

The AGoF assured the officers that the government fully supports them as they execute their mandate and contribute towards achieving their various Project Development Objectives (PDOs).

 

Ogunjimi urged the Treasury Officers to perceive the retreat as a vital platform for introspection, collaborative efforts, and strategic planning, all aimed at addressing critical aspects of Federal Projects Financial Management.

 

He called on them to “explore innovative solutions and share best practices aimed at ensuring transparency, accountability and efficiency in the financial management of Federal Projects.”

 

During the retreat, Ogunjimi called for the officers to be guided by a shared vision to strengthen the financial stewardship of the nation’s resources. He conveyed that in an era characterized by increasing complexity and scrutiny in public finance, their role has become exceptionally important. He spoke of their responsibility to “uphold the highest standards of integrity as we manage public funds and to ensure that our Projects deliver value to the citizens we serve.”

 

He encouraged each participant to actively engage in discussions, share their insights, and learn from one another, urging them to leverage this opportunity not only to enhance their skills but also to foster relationships that will propel them towards achieving their various Project Development Objectives (PDOs).

 

Concluding his address, the AGoF encouraged the Treasury Officers to remain steadfast in their commitment to excellence as they navigate the challenges and opportunities within their various projects, assuring them of the unwavering backing of the Office of the Accountant-General of the Federation (OAGF).

 

He expressed confidence that, through their collective efforts, “Together we will pave the way for innovative financial management practices that will positively impact our nation’s development.”

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Reporter July 24, 2025 July 24, 2025
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