Frequently Asked Questions

The Government Integrated Financial Management Information System (GIFMIS) is an IT based system for budget management and accounting that is being implemented by the Federal Government of Nigeria to improve Public Expenditure Management processes, enhance greater accountability and transparency across Ministries and Agencies. GIFMIS is designed to make use of modern information and communication technologies to help the Government of Nigeria to plan and use its financial resources more efficiently and effectively.

GIFMIS will cover the entire financial management cycle including:

  • Budget preparation and execution
  • Treasury management and reporting
  • General ledger and financial reporting
  • Procurement, including Commitments, purchase orders, Maintenance of a central supplier register and Support for e-procurement
  • Receipting, Accounts Receivable and Revenue Management
  • Payments and Accounts Payable
  • Inventory and Stock Control
  • Fixed Asset Management
  • Project accounting

Yes, all federal government spending units including the missions abroad will be linked to GIFMIS.

GIFMIS is owned by the Federal Government of Nigeria and domiciled at the Office of the Accountant-General of the Federation.

GIFMIS provides a foundation upon which different Public Financial Management reforms will be anchored. Now is the time for greater transparency enabled by the advancement of Information Technology. Implementing GIFMIS will facilitate tremendous improvement in efficiency in operations as the Federal Government continues on its quest for a new Nigeria positioned to achieve vision 2020. Now is also the time for more fiscal responsibility as democracy gets firmly rooted.

GIFMIS implementation will enable the Federal Government of Nigeria process financial transactions faster and at a much lower cost. GIFMIS will also improve the reliability of management information. This will increase the speed at which decisions are taken and services delivered to the general public. It will also reduce opportunities for corruption and ensure safety of public resources.

Yes, GIFMIS project was approved by Mr President and the National assembly of the Federal Republic of Nigeria. The Federal Minister of Finance set up the steering Committee and the other implementation structures. Therefore, GIFMIS has full support of the Federal government of Nigeria.

The GIFMIS Implementation is led by the Project Sponsor who is the Federal Minister of Finance

GIFMIS project management structure is defined in the project Charter and comprises the following:

Project Steering Committee (PSC) chaired by the Accountant General of the Federation and responsible for overseeing implementation. It is accountable for the outcome of the project and has responsibility and authority to approve all major plans and authorizes any major deviation from agreed Plans.

GIFMIS Project Management Unit headed by the GIFMIS Project Manager who is responsible for all the implementation activities in accordance with the project plan. The project Management Unit is staffed with a Dedicated Team of competent professionals who report to the Project Manager. The GIFMIS Project Manager reports directly to the chairperson of the Project Steering Committee (PSC).

Project Monitoring Committee, responsible for supervision of implementation activities and for providing Technical guidance to the implementation.

Various workgroups for key project management functions support the Project Management Team. The workgroups are;

  • Budget Implementation workgroup:
    Responsible for ensuring that technical aspects concerning the configuration and implementation of the Federal Government budgeting are catered for on the system
  • Budget Execution Workgroup
    which ensures that technical aspects concerning the configuration and implementation of the Treasury Single Account, including integration and interfaces with other systems are properly handled during the implementation.
  • Financial Reporting Workgroup
    which ensures that technical aspects concerning the configuration and implementation of the Chart of Accounts and production of the management and financial reports including the statutory accounts.
  • Fixed Assets and Inventory Management Workgroup
    which ensures that all the Technical aspects concerning implementation of fixed assets and inventory management are properly addressed.
  • Audit and Security workgroup:
    Ensures that appropriate security and internal controls are implemented and that the systems and their outputs are capable of being audited.
  • Information and Communications Technology workgroup: Responsible for the technical aspects of the implementation concerning hardware and communications technology including site preparation.
  • Training and Change Management workgroup:
    Responsible the design and implementation of the training/capacity building and change management strategies.
  • Procurement and Contract Management workgroup: Deals with bidding processes including documentation and Contract negotiations and monitoring.

GIFMIS will be implemented centrally initially within the Budget Office, OAGF, six pilot MDAs and six FPOs remote sites with access by the Auditor General followed by a phased approach for remaining MDAs and FPO or State based processing centres.

A number of countries in Africa have embarked on implementing IFMIS. Some of the successful stories include Tanzania, Mauritius, South Africa, Uganda, The Gambia and Sierra Leone.

Yes, it is true Nigeria is a unique country aspiring to be a Great nation of Good people. However, its financial management requirements follow generally accepted principles. Nigeria like many nations of the world is guided by international financial management practices and standards. Therefore, like anywhere else, GIFMIS implementation will succeed.

GIFMIS has been designed with a very robust security system that will be very difficult to break into. There are also very elaborate security measures around GIFMIS that will keep away any unauthorised people.

GIFMIS is funded by a Loan secured from the World Bank under the Economic Reform and Governance Project ERGP that was approved by the World Bank in December 2004 in line with the Federal Government’s goal to significantly strengthen governance and accountability, reduce corruption and deliver services more effectively.

As indicated in question 9 above, real-time processing of transactions on GIFMIS is expected to begin in the year 2011.

There are many laws supporting financial management for the Federal Republic of Nigeria. They include the Constitution of the Federal Republic of Nigeria, Financial management and Control Act 2009, the Fiscal responsibility Act 2009, The Public procurement Act, and the financial regulations among others. There are more specific laws in the process of being enacted to strengthen the Regulatory framework including the Electronic Evidence Bill, the anti-money laundering Bill etc

GIFMIS implementation will not result in laying-off of staff. Instead it will result in a number of changes in the way the current financial management tasks are undertaken. While some of the current roles will be phased-out, a number of new, more professionally fulfilling ones will be created and staff will be appropriately trained.

You can obtain more information from the following sources. The GIFMIS website at http://www.gifmis.gov.ng or Contact the following:
Accountant General of the Federation:

Office of the Accountant General of the Federation,

Federal Ministry of Finance,

Treasury House,

Ladoke Akintola Bloulevard,

Zaria Street

P.M.B 7015,

Garki, Abuja
Telephone +234-09-2340329

Email:



OR


GIFMIS Project Manager

World Bank Economic Reform and Governance Project (ERGP),
Office of the Accountant General of the Federation,

Federal Ministry of Finance, Treasury House, Ladoke Akintola Bloulevard,
Zaria Street P.M.B 7015, Garki, Abuja

Telephone +234-09-2340329/ Ext 1509,
Cell: +234-703-4433970

Emails: