Okolieaboh retires as acting AGF on May 28

Federal Government has approved retirement of Acting Accountant-General of the Federation (AGF), Sylva Okolieaboh. He had a disengagement notice on April 13, 2023.

Reliable sources in the office (OAGF), Federal Ministry of Finance and the Presidency said the retirement notice to Head of Service of the Federation conformed to extant laws.

Okolieaboh, who served in the position for almost a year, has prepared his handover papers in ahead of the May 28 exit date when he would have attained the statutory retirement age of 60.

He joined the Federal Civil Service in August 2000 as Assistant Chief Accountant, rising through the ranks to become Acting AGF.

The Uli, Anambra State indigene is first South-East local to occupy the position.

He has been core member of Federal Government Public Finance Management (PFM) reform team. He is also pioneer PFM Team Leader for the Government Integrated Financial Management Information System (GIFMIS) and author of GIFMIS Chart of Account, which has now been adopted as National Chart of Accounts.

Okolieaboh was pioneer Director, Treasury Single Account (TSA) in OAGF. He is an international expert in Public Financial Management (PFM) and has written extensively on various PFM topics in both local and international journals.

During his time, the departing public official rallied his colleagues to stabilise the nation’s apex finance management office, following the instability that characterised tenures of his two predecessors.

He successfully intervened in the Academic Staff Union of Universities-Federal Government (ASUU-FG) impasse over the Integrated Payroll and Personnel information System (IPPIS).