The Accountant General of the Federation (AGF), Babatunde Ogunjimi, has set new performance targets for project coordinators in the financial management of projects under their purview.
According to the AGF, these targets and reforms are aimed at helping coordinators effectively execute their mandates and achieve their respective Projects’ Development Objectives (PDOs).
Ogunjimi delivered this charge during his remarks at the 2025 OAGF Retreat for Project Coordinators held in Abuja.
“I seek your cooperation and support in achieving new performance targets in the financial management of the projects under your purview.
“These targets and reforms are all geared towards helping you execute your mandates aimed at achieving your various Projects’ Development Objectives (PDOs),” he said
The AGF, who was represented by the Director of Federal Projects, Joshua Luka, added: “I look forward to working closely with you through the Federal Project Financial Management Department (FPFMD) to foster unity and collaboration in moving the nation forward.
“We are all aware that we have been entrusted not just with public funds but with borrowed public funds, which must be repaid either in our time or in that of our children.”
Ogunjimi emphasized that it is a privilege to be entrusted with the management of over 50 donor-funded projects, and he charged coordinators with the responsibility of safeguarding the nation’s future through prudent financial oversight.
He noted that the retreat would address critical aspects of the role of Federal Projects Financial Management in achieving PDOs, and announced the introduction of a digital interface approved to unify and integrate the accounting and reporting systems of all federal projects.
“This digital system aims to provide real-time online reporting to key stakeholders,” he said.
He said that the government was seeking partners to fund the initiative, including the Islamic Development Bank (IsDB), which has already been approached for support.
Additionally, discussions at the retreat will cover the relationship between the Projects, FPFMD, and the Office of the Auditor-General of the Federation, as well as the importance of internal audit functions within the projects.
Senior Financial Management Specialist at the World Bank, Akram Elshorbagi, urged national coordinators to carefully study the new digital interface to ensure better implementation of the government’s social safety net programmes.
“These programmes won’t make the right impact if they are not properly executed,” he warned.