President Tinubu Replaces Accountant General Amid Nigeria’s Soaring Debt Crisis

President Bola Ahmed Tinubu has appointed Shamseldeen Babatunde Ogunjimi as the new Accountant General of the Federation, effective March 7, 2025.

His appointment follows the retirement of Oluwatoyin Sakirat Madein, who has been in office since December 2023 and was recognized for her contributions to Nigeria’s financial management.

The announcement was made by Bayo Onanuga, Special Adviser to the President on Information and Strategy, in an official statement. “President Tinubu has approved Mr. Shamseldeen Ogunjimi as the new Accountant General, effective March 7, 2025, following the retirement of Mrs. Oluwatoyin Madein,” Onanuga stated, commending Madehin’s leadership in overseeing the nation’s financial records.

Ogunjimi, a highly experienced financial expert and chartered accountant, has over 25 years of experience in both the public and private financial sectors. Prior to this appointment, he served as Director of Funds at the Treasury, playing a key role in managing government finances. His selection followed a rigorous evaluation process by the Federal Civil Service Commission, emphasizing Tinubu’s commitment to appointing competent and transparent leaders in governance.

Madehin’s tenure was marked by efforts to modernize Nigeria’s accounting systems amid economic challenges. Ogunjimi is expected to build on these reforms and enhance fiscal discipline as Nigeria contends with a 34.2% inflation rate and a national debt of ₦134 trillion as of January 2025.

Onanuga expressed confidence in Ogunjimi’s ability to drive financial reforms, stating, “His expertise will be vital in ensuring effective management of the country’s financial resources.”