He is the Pastor-in-charge of Lagos Province 39 of the Redeemed Christian Church of God[7] and is married to Ngozi, the Head of Foundations of Sapphires (a non profit organisation)[8] and CEO of Havilah Technologies Ltd. Akabueze was appointed the Chief Executive Officer of NAL Bank Plc in 2000 a post he retained till its merger in December 2005 to become Sterling Bank Plc, at which he served as Executive Director.
[9] He was thereafter in January 2007 appointed as the Commissioner for Economic Planning and Budget by the Lagos State Government, a position he held till May 2015.
[7] In February 2016 he was appointed as Special Adviser to the President on National Planning and was made the Director General of Budget Office in June.
[11] As the Director General of Nigeria's Budget Office he has engaged in public speaking at several events, including the Lagos Business School breakfast club, where he spoke on budget and national strategy; leverage and synergy potentials;[12] KPMG's Nigeria Tax Breakfast seminar, where he made a presentation on key objectives and expected impact of the FGN 2021 Budget, making a case for the need for increased domestic revenue by state governments;[13] and other events, where he continues to advocate for increased domestic revenue generation and more efficient management of allocated revenue.
[14][15][16] In October 2022, a retired staff of the Budget Office of the Federation, Bilkisu Sannusi accused Akabueze, of abuse of power in a suit filed at the National Industrial Court of Nigeria.