Akinleye Olutayo & Co. (Chartered Accountants,Tax & Management consultants) is a professional firm that renders Audit, Tax, Advisory,Consulting services etc
SANWO-OLU NOMINATES DR. OLUFUNKE OMOLARA TAYO-MAKANJUOLA FOR APPOINTMENT AS ACTING STATE AUDITOR-GENERAL
The Lagos State Governor, Mr. Babajide Sanwo-Olu has approved the nomination of Dr. Olufunke Omolara Tayo-Makanjuola (Mrs.) for appointment as the Acting State Auditor-General, Office of the State Auditor-General, subject to confirmation by the Lagos State House of Assembly.
Dr. Tayo-Makanjuola nomination for appointment as the Acting State Auditor-General, conveyed through Circular No. CIR/HOS/'26/052 of 28th July 2026, issued by the Office of the Head of Service, takes effect from 28th July, 2026.
Before her nomination for the appointment, Dr. Tayo-Makanjuola served as the Head of Directorate, Government Accounts, where she distinguished herself through exceptional professionalism, integrity, and dedication to public financial management.
Born on 20th September, 1974, in Ikate-Elegushi, Eti-Osa Local Government Area of Lagos State, Dr. Tayo-Makanjuola has built an impressive academic and professional profile. She holds a Doctor of Business Administration (DBA) in International Business from Lagos State University, Ojo; a Master of Business Administration (MBA) in Human Resource Management from Ladoke Akintola University of Technology; a Postgraduate Diploma in Financial Management from Abubakar Tafawa Balewa University, Bauchi; Higher National Diploma and National Diploma in Accounting from the Federal Polytechnic, Ilaro; and an Advanced Diploma in Forensic Accounting and Criminal Intelligence from the University of Lagos.
A highly accomplished finance professional, she is a Fellow and member of several prestigious professional bodies, including the Institute of Chartered Accountants of Nigeria (ICAN), Association of National Accountants of Nigeria (ANAN), Chartered Institute of Taxation of Nigeria (CITN), Chartered Institute of Directors (CIoD), and the Certified Forensic Investigation Professionals (CFIP-USA), among others. She has also been honoured with the Distinguished Woman of Peace and Honour Award by the United Nations Positive Livelihood Award Centre (UN-POLAC), in recognition of her outstanding contributions to society.
The Management and Staff of the Office of the State Auditor-General congratulate Dr. Tayo-Makanjuola on her well-deserved nomination and express confidence in her ability to provide visionary leadership that will further strengthen accountability, transparency, and excellence in public sector auditing across Lagos State.
The Office also appreciates His Excellency, Mr. Babajide Olusola Sanwo-Olu, Governor of Lagos State, for his confidence in Dr. Tayo-Makanjuola's capacity to lead the Office and advance the State's commitment to good governance and prudent management of public resources.
@jidesanwoolu@drobafemihamzat@gbenga_omo@gboyegaakosile@LanreBajulaiye@BarrBimbola@Mr_JAGs@Riddwane
#AGreaterLagosRising
#LASG
𝗬𝗲𝗮𝗿 𝟭 𝗦𝗮𝗹𝗮𝗿𝘆: 80,000
𝗬𝗲𝗮𝗿 𝟮 𝗦𝗮𝗹𝗮𝗿𝘆: 100,000
𝗬𝗲𝗮𝗿 𝟯 𝗦𝗮𝗹𝗮𝗿𝘆: 120,000
At the start of Year 3, the employee decides to resign.
Suddenly, the same company that was “budget constrained” offers 250,000 to make him stay.
He still leaves.
Joins another company at 200,000
Not because money didn’t matter.
But because respect 𝗺𝗮𝘁𝘁𝗲𝗿𝗲𝗱 𝗺𝗼𝗿𝗲.
For 2 years, he delivered results.
For 2 years, he proved his worth.
Yet his value was only recognized 𝘄𝗵𝗲𝗻 𝗵𝗲 𝗱𝗲𝗰𝗶𝗱𝗲𝗱 𝘁𝗼 𝘄𝗮𝗹𝗸 𝗮𝘄𝗮𝘆.
That’s when it hit him:
“So the budget was always there… just not for me.”
Corporate 𝗥𝗲𝗮𝗹𝗶𝘁𝘆
𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗱𝗼𝗻’𝘁 𝗿𝗲𝘄𝗮𝗿𝗱 𝗹𝗼𝘆𝗮𝗹𝘁𝘆.
𝗧𝗵𝗲𝘆 𝗿𝗲𝘄𝗮𝗿𝗱 𝗹𝗲𝘃𝗲𝗿𝗮𝗴𝗲.
Know your worth.
And don’t wait for a resignation email to be valued.
ICAN Admits Over 2,110 New Members at the 76th Professional Induction Ceremony
The Institute of Chartered Accountants of Nigeria held its 76th Professional Induction Ceremony today, formally welcoming over 2,110 new Chartered Accountants into its esteemed membership. Presiding over the event, the ICAN President, Mallam Haruna Nma Yahaya, mni, Ph.D, FCA, congratulated the inductees and announced that the Institute’s membership now stands at sixty nine thousand, nine hundred and three.
He described their achievement as a reflection of courage, discipline and determination, and reminded them that they are now part of a global network of more than five million accountants through IFAC, PAFA and ABWA. Mallam Yahaya further encouraged the new Chartered Accountants to embrace the evolving landscape shaped by technology and globalisation, urging them to let accuracy, accountability and sound judgement guide their work. He noted that their ICAN training has equipped them with the competence and professional character required to excel, and advised them to pursue continuous learning, including through the Institute’s eight professional Faculties.
The Special Guest of Honour, Alh Suleiman Barau, OON, FCIB, FNIM, Former Deputy Governor of the Central Bank of Nigeria, commended the inductees and underscored the vital role accountants play in strengthening governance, enhancing transparency and supporting national development. He urged them to uphold ethical courage and maintain the integrity that safeguards public trust.
The ceremony also featured the presentation of prizes to outstanding candidates, including the Star Prize awarded to Mr Emmanuel Stephen Oluwaseyi for emerging as the best qualifying candidate in the last examination diet.
The President expressed appreciation to the Special Guest of Honour, committee members and facilitators whose contributions ensured a successful induction.
The First Plenary Session of the 54th Annual Accountants' Conference has just concluded with an insightful presentation by His Excellency, Governor Alex Otti of Abia State, delivering the Lead Paper on the theme Governance Reimagined: Mapping the Future. His thought-provoking insights set the tone for a dynamic discussion on the future of governance.
The session, expertly chaired by the distinguished Bashorun J.K. Randle, FCA (Past President), offered a deep dive into reimagining governance frameworks that can shape a sustainable future.
Feel the energy, the pride, and the vibrant display of culture as the District Society Parade takes center stage at Chida Events Center, Abuja! 🎉 It’s more than just a parade—it's a celebration of unity in diversity, where traditions blend with brilliant colors to create an unforgettable experience. From the rich cultural heritage to the electrifying atmosphere, there's so much to look forward to!
Be part of the excitement! Mention the name of your District Society in the comments section and let’s see which society brings the most spirit to the parade!
We are live for Day 2 of the most anticipated conference of the year – the 54th Annual Accountants’ Conference! It’s an exciting convergence of top-tier professionals from all walks of life, coming together to explore new ideas, collaborate, and shape the future of governance and business.
Whether you’re here in person or joining virtually, the energy and insights are unmatched. Stay tuned for more highlights and key takeaways as we continue this incredible journey!
#ICAN54thAAC #GovernanceReimagined #ProfessionalsUnited
VIDEO: Members of organised labour are currently picketing Nigerian Electricity Regulatory Commission (NERC) and power distribution companies (DisCos) offices, expressing their opposition to the recent hike in electricity tariffs, in Abuja, on Monday.
Credit: X | AIT
Why social media must be regulated — Pres. Tinubu
President Bola Tinubu says social media has become a societal menace and must be regulated.
The president, who spoke through his Chief of Staff, Femi Gbajabiamila, at a recent event in Lagos stressed the importance of accurate information in policy formulation and national development.
He berated the menace of the social media in the dissemination of fake and wrong information which has almost torn the country apart, stressing for the need to regularize the framework of news dissemination on social media to avoid mis-information in the country.
He emphasized the importance of data in policy formulation for the growth of the country, stating that no developing country can succeed without adequate and well-informed data.
He said that his administration has an obligation to engage in evidence-based discussion and data-reliant decision-making, hence the need for accurate data that will be used for better policy formulation and execution.
“The social media has become a societal menace and must be regulated. As many people do not understand that once the send button is hit, there is a potential to reach millions of people around the world which is capable of causing a great d@nger not just in the society but even unintended consequences to the individuals that are receiving information which may include security of life.
As citizens become more interested in governance, it is the government’s obligation to ensure that engagement with citizens springs with shared agreement on what the truth is, what is real and what is not,” he said.
Dear Nigerians,
The Budget Office of the Federation just released the complete details of the 2024 Appropriation Bill. It's crucial for us to download the document and actively engage in the budget review.
We trust that the @nassnigeria will conduct a thorough review, incorporating effective engagement and public hearings to ensure Nigeria get the right budget approved.
Link to the document: https://t.co/V3PLPQStjr
I can confirm that the summaries for the 2024 Federal Budget have been posted on the Federal Budget Office website.
However, what has been posted is the summary heads, so I now know that the Ministry of Agriculture has allocated N110b as recurrent expenditure and N223b as Capital.
However, there is still NO line-by-line breakdown of the Federal Budget.
The Federal Government's 2024 proposed budget of N27.5 trillion, represents a 10.8% nominal increase from the cumulative 2023 budgets. However, it reflects a 35.6% decrease from the 2023 budget in Dollar terms.
#GetInvolved#Budget2024NG
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Akinleye Olutayo & Co.
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Tel. 0803 561 5554