The story of Nigeria’s first female accountant General, Oluwatoyin Madein, FCCA, PhD

By Lillian Okenwa

She describes herself as a “servant leader personality looking for an opportunity to impact positively in social change.”

Finally, a huge opportunity has emerged. And Nigerians await Dr Oluwatoyin Sakirat Madein’s impact and the positive social change she has been characterized with at the Federal Ministry of Finance.

It is no longer news that President Muhammadu Buhari has approved the appointment of Oluwatoyin Madein as the new and the first female Accountant General of the Federation (AGF).

An indigene of Iperu Remo in Ikenne LGA of Ogun State, Madein, Director of Finance and Accounts in the Office of the Head of the Civil Service of the Federation, will replace the former AGF Ahmad Idris, who was sacked over alleged his alleged involvement in an N80 billion fraud case.

Born on 7 March 1965, her appointment according to a statement from the Office of the Head of Service of the Federation took effect from Thursday, May 18, exactly one year after the ex-Accountant General, Ahmed Idris, was suspended.

The new Accountant General obtained a Higher National Diploma (Accountancy) in 1988 at Ogun State Polytechnic (now Moshood Abiola Polytechnic), Abeokuta. This was followed by a Postgraduate Diploma and Master’s in Business Administration from Ogun State University (now Olabisi Onabanjo University), Ago Iwoye.

In 2019, she was awarded with Doctor of Business Administration (Honoris Causa), by the Commonwealth University.

A Fellow of the Association of Chartered and Certified Accountants (ACCA), UK, member of the Association of National Accountants of Nigeria, (ANAN) and the Institute of Chartered Accountants of Nigeria (ICAN), she bagged a doctoral degree in Management Finance in 2020 from the Walden University, Minnesota in the United States. The award was a culmination of years of perseverance and exertion having enrolled for the programme in 2012.

With experience that spans over 30 years in the Federal Civil Service as an Accountant, Financial Manager and Internal Auditor, Dr Madein began her career in the civil service as a middle-level officer at Raw Materials Research and Development Council (RMRDC) and eventually joined the team that started — The Family Economic Advancement Programme (FEAP) and National Poverty Alleviation Programme (NAPEP).

The new Accountant General also served in various Ministries including the Ministry of Police Affairs, Commerce and Industry, Works and Housing and Ministry of Youth and Sports Development, Abuja.

She also served as an Executive Officer (Accounts) in Ogun State Property and Investment Corporation (OPIC), Abeokuta before joining the Federal Civil Service,

Offices Held

  • Director, Office of the Head of Civil Service of the Federation – From January 2020 to 18 May 2023.
  • Director (Finance and Accounts), Federal Ministry of Youth and Sports Development – from October 2019 to January 2020.
  • Deputy Director (Internal Audit) Deputy Director (Internal Audit), Federal Ministry of Power, Works & Housing, Federal Ministry of Power, Works & Housing – from November 2016 to October 2019. She was overseeing the Internal Audit Department of the Housing Sector.
  • Deputy Director, Ministry of Lands, Housing, and Urban Development – from September 2014 to January 2020.
  • Deputy Director Deputy Director, Ministry of Police Affairs – from December 2013 to September 2014. Oversaw financial accounting and project management.
  • Assistant Chief Accountant, National Poverty Eradication Programme – from February 2001 to March 2006. Financial accounting.
  • Principal Accountant, Raw Materials Research &Development Council – from May 1990 to October 1997

Shortlisted for the top job with 19 others back in January, Oluwatoyin Madein is married to Engr. Adeleke Olusina Madein and they have four children.

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