The Accountant General of the Federation (AGF), Mr. Shamseldeen Ogunjimi, may face sanctions following allegations of delays and inefficiency in releasing funds to Ministries, Departments, and Agencies (MDAs).
Sources indicate that the AGF’s office has been holding back payments to MDAs, awaiting a second round of approvals from the Minister of Finance and Coordinating Minister of the Economy, even after presidential approval. These delays have created a growing backlog, with some MDAs waiting for months to receive their overheads and payments for outsourced services.
The consequences have been tangible. Agencies have reportedly struggled to cover essential services, including electricity, due to the funding gaps. Reports suggest that the last disbursement for overheads and outsourced services was in August 2025, leaving a four-month backlog.
Insiders allege that the AGF’s appointment was influenced by the Minister, and that he has shown loyalty by consistently seeking second approvals before processing payments. This practice has slowed the flow of already approved funds, which critics say undermines the authority of the president.
Earlier, on December 23, 2025, THE CONCLAVE reported that Minister Wale Edun’s own delays prompted President Tinubu to strip him of some core responsibilities. Those duties were reassigned to the Minister of State for Finance, Dr. Doris Uzoka-Anite, through the Secretary to the Government of the Federation, Senator George Akume.
Analysts warn that delays in fund disbursement carry serious implications for Nigeria’s fiscal policy. Many believe the president’s intervention was necessary to prevent further financial instability.
Now, the fate of the AGF hangs in the balance. Observers are watching closely to see whether he will cooperate with the Minister of State or continue practices that slow down payments. The situation has highlighted the urgent need for reforms within the Ministry of Finance to ensure funds reach their intended destinations efficiently.
Experts argue that while the president’s directive is a positive first step, more action is needed to guarantee that government funds are disbursed effectively to support national development.
