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Article abstract
- President Buhari appoints Dr. Oluwatoyin Sakirat Madein as Nigeria’s first feminine Accountant-Basic, breaking gender boundaries within the position.
- Dr. Madein’s appointment follows a rigorous choice course of and goals to handle challenges in fiscal transparency and accountability in Nigeria’s public sector.
- Former Accountant-Basic’s arrest for alleged embezzlement highlights the necessity for improved monetary governance, as Dr. Madein takes on the duty of getting ready authorities accounts.
President Muhammadu Buhari appointed Dr. (Mrs.) Oluwatoyin Sakirat Madein because the substantive Accountant-Basic of the Federation following the profitable conduct of a range course of.
The appointment made her the primary feminine to occupy that place after she was shortlisted alongside 19 different candidates for the place in January 2023.
Within the Nairametrics clubhouse webinar on Saturday, twentieth, 2023, Uade Ahimie, a monetary analyst, mentioned her position includes ensuring Nigeria’s authorities companies are fiscally sound, citing challenges in Nigeria’s public sector for fiscal transparency after the final accountant common was accused of embezzling billions.
Put together FG’s accounts
Ahimie acknowledged that the position of the Accountant Basic is to ensure all MDAs are fiscally sound, stating:
- “They’re those guaranteeing all companies of presidency put together their accounts and budgets, monitor spending when it comes to how a lot income and expenditure is incurred, and supply a abstract for the chief council to know what is available in and what goes out.
- “We’ve got had an enormous problem within the public sector, particularly transferring the fiscal yr from April to March. We’ve got not been capable of get a monetary assertion of FG on the finish of the yr; all we are likely to see are older experiences, reviewed in later years.”
He congratulated the brand new accountant common, including that he hopes that she brings about some modifications within the workplace and that we’re capable of get the nation’s monetary affairs on observe in order that we are able to maintain public officers accountable.
What it is best to know
Nairametrics reported final yr when the Financial and Monetary Crimes Fee arrested the previous Accountant Basic of the Federation, Mr. Ahmed Idris, over the alleged N80 billion fraud, they mentioned:
- “Operatives of the EFCC on Monday, Could 16, 2022, arrested the serving Accountant Basic of the Federation, Mr. Ahmed Idris, in reference to diversion of funds and cash laundering actions to the tune of N80 billion (eighty billion naira) solely.
- “The Fee’s verified intelligence confirmed that the AGF raked off the funds via bogus consultancies and different unlawful actions utilizing proxies, relations, and shut associates.
- “The funds had been laundered via actual property investments in Kano and Abuja.”
This week, President Muhammadu Buhari authorized the appointment of Dr. (Mrs.) Oluwatoyin Sakirat Madein, as the brand new substantive accountant-general of the Federation (AGF).
Her appointment adopted the profitable conduct of a range course of to fill the present emptiness following the suspension of Idris Ahmed, former Accountant Basic of the Federation, in Could 2022, over allegations of corruption and embezzlement.
Dr. Madein is stepping in to take over from Mr. Sylva Okolieboh, who had been appearing in his capability because the AGF, after Idris Ahmed, who’s presently present process trial in court docket, was requested to step apart.
Madein would be the first feminine to occupy that place, as she was shortlisted alongside 19 different candidates for the place in January 2023.
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