FG charges treasury officers to safeguard donor project funds

The Federal Government has selected a 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), Shamsedeen Ogunjimi, who addressed the officers during the Federal Projects Financial Management Department’s Retreat in Abuja, stressed the great responsibility they now bear.

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

He highlighted the privilege of their selection from numerous Treasury Officers nationwide to “safeguard the future of this great nation as the first gatekeepers of critical public funds, as represented by the 40 donor project funds”

The AGoF assured the officers of the Government’s full support as they execute their mandate and contribute towards achieving the various Project Development Objectives (PDOs).

Ogunjimi urged the Treasury Officers to consider 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.”

Ogunjimi urged the officers to be guided by a shared vision to strengthen the financial stewardship of the nation’s resources and noted that in an era characterised by increasing complexity and scrutiny in public finance, their role has become exceptionally important.

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

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).

“Together we will pave the way for innovative financial management practices that will positively impact our nation’s development,” he stated.

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