President Bola Tinubu has appointed Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation (AGF).
Ogunjimi’s appointment takes immediate effect following the pre-retirement leave of the incumbent AGF, Dr. Oluwatoyin Sakirat Madein. This move ensures a seamless transition in the administration of Nigeria’s treasury and reinforces the implementation of the current administration’s treasury policy reforms.
Who Is Ogunjimi?
A career civil servant with over 30 years of experience in financial management across the public and private sectors, Ogunjimi is the most senior director in the Office of the Accountant General of the Federation (OAGF).
He has held notable positions, including Director of Funds at the OAGF and Director of Finance and Accounts at the Ministry of Foreign Affairs. Ogunjimi is a chartered accountant, certified fraud examiner, chartered stockbroker, and chartered security and investment specialist. His academic credentials include a Bachelor of Science (BSc) in Accountancy and a Master’s degree in Finance and Accounting.
Tinubu’s Confidence in Ogunjimi
President Tinubu expressed confidence in Ogunjimi’s capabilities, stating, “The Office of the Accountant General of the Federation is pivotal to our nation’s treasury management operations. Mr Ogunjimi’s wealth of experience and notable competence will ensure the continued effectiveness of this vital institution as we advance our economic reform agenda.”
Tinubu also praised Dr. Oluwatoyin Madein for her dedication and selfless service to the nation. Dr. Madein is set to retire on March 7, 2025, after reaching the civil service’s statutory retirement age.
Why It Matters
The Office of the Accountant General of the Federation plays a critical role in managing Nigeria’s treasury and ensuring accountability in the nation’s financial systems. Ogunjimi’s extensive experience and professional certifications position him to navigate the complexities of treasury management, particularly during a period of economic reforms. His appointment signals continuity and stability in financial leadership, which is vital for fostering investor confidence and maintaining fiscal discipline.
The Bottom Line
Ogunjimi’s appointment as Acting Accountant General is a strategic move by President Tinubu to maintain consistency and professionalism in Nigeria’s financial management. As the government pushes forward with its economic reform agenda, Ogunjimi’s leadership will be crucial in driving the effective implementation of treasury policies and safeguarding the nation’s financial integrity.