The Office of the Accountant-General of the Federation is the Treasury of the Federal Republic of Nigeria. Established in 1988 under the Civil Services reorganization Decree No., the Office is an Extra-Ministerial Department of the Federal Ministry of Finance.
Headed by the Accountant-General of the Federation, the office holder is the Chief Accounting Officer for the receipts and payments of the Federation. The current incumbent is Oluwatoyin Sakirat Madein.
Flag of the Federal Republic of Nigeria
Key Responsibilities
The Accountant-General of the Federation has several key responsibilities, including:
- Provision of financial regulations and issuing of Treasury Circulars to Federal Ministries, Departments and Agencies.
- Conduct of routine and in-depth inspection of the books of accounts of Federal Ministries, Departments and Agencies.
- Managing all the Federal Pay Offices (FPOs) in the 36 states of the Federation.
The Constitution of the Federal Republic of Nigeria 1999 (as amended) further gave constitutional responsibility to the Accountant-General of the Federation to collate, prepare and publish the financial statements of the Federal Government and the Federation.
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What is the Federal Budget Process?
Budget Management
The Office plays a crucial role in budget management through its various divisions. The Division is in charge of both the Capital and Recurrent Expenditures Budget of OSGF. The Capital branch carries out all activities relating to Capital items while all activities relating to Personnel and Overhead Costs are carried out by recurrent branch.
The Division also coordinates and supervises the Annual Budget preparation of Agencies under its purview, after which it collates the Budget estimates and transmits same to Budget Office of the Federation.
Federal budgeting process in Nigeria
Ecological Funds Office
Ecological Funds Office handles largely intervention projects as approved. Funding of these projects is drawn from the Ecology & Derivation Funds Account managed by the Office of Accountant General of the Federation. These are intervention projects approved by the President.
The office also manages all the Federal Pay Offices (FPOs) in the 36 states of the Federation.
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Contact Information
The Office is located at:
Treasury House, Plot 1570 Samuel Ladoke Akintola Boulevard, Garki II, Federal Capital Territory Abuja, Nigeria.
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