Lagos Assembly Confirms Tayo-Makanjuola as Auditor-General

• The Lagos State House of Assembly confirmed Dr. Olufunke Tayo-Makanjuola as the substantive Auditor-General on Monday.
• Governor Babajide Sanwo-Olu nominated Dr. Tayo-Makanjuola for the key financial oversight role.
• She brings extensive experience in public financial management and holds a Doctorate in Business Administration.
• Her appointment follows the redeployment of her predecessor, Mr. Adetola Muyiwa John, in March 2026.
• The Office of the State Auditor-General affirmed its commitment to strengthening public sector auditing under her leadership.

This leadership is crucial for advancing accountability, enhancing transparency, and ensuring the judicious management of public resources throughout Lagos State, thereby strengthening Lagos public financial management practices.

The Lagos State House of Assembly officially confirmed Dr. Olufunke Omolara Tayo-Makanjuola as the substantive Auditor-General for Lagos State on Monday, following her nomination by Governor Babajide Sanwo-Olu. This pivotal appointment, announced in a statement from the Office of the State Auditor-General on Wednesday, marks a significant development for the state's financial oversight mechanisms. Dr. Tayo-Makanjuola's confirmation is expected to bring her extensive experience in public financial management to bear on the critical task of ensuring fiscal accountability across Lagos State.

Lawyers and compliance officers advising clients on public sector engagements or financial compliance in Lagos State should note this confirmation of the new Auditor-General. This appointment to a key oversight role may signal continuity or potential shifts in audit priorities and enforcement within Lagos State's public resource management, making it essential to understand the implications for financial governance.

Dr. Olufunke Tayo-Makanjuola brings a robust professional background to her new role, characterized by deep expertise in public financial management. Her academic credentials include a Doctorate in Business Administration (DBA) specializing in International Business, earned from Lagos State University, Ojo. Beyond her academic achievements, she holds fellowships and memberships in several prestigious professional organizations, including the Institute of Chartered Accountants of Nigeria (ICAN), the Association of National Accountants of Nigeria (ANAN), the Chartered Institute of Taxation of Nigeria (CITN), the Chartered Institute of Directors (CIoD), and the Chartered Institute of Forensics and Professional Investigators (CFIP) in the USA, among others.

Prior to her nomination as Acting State Auditor-General, she held the position of Head of Directorate, Government Accounts, within the Lagos State Public Service, demonstrating a clear progression through key financial roles. Her comprehensive qualifications underscore the depth of experience she is expected to leverage in her new capacity as the Lagos State Auditor-General.

The confirmation of Dr. Olufunke Omolara Tayo-Makanjuola as the Lagos State Auditor-General follows a series of transitions within the state's top financial offices. She steps into the role previously held by Mr. Adetola Muyiwa John, who was redeployed in March 2026 to serve as the Accountant-General and Permanent Secretary of the State Treasury Office. This redeployment was necessitated by the statutory retirement of the former Accountant-General, Dr. Abiodun Muritala.

Consequently, Dr. Tayo-Makanjuola was appointed as the Acting Auditor-General on July 28, 2026, a position she held until her recent confirmation by the Lagos State House of Assembly. This sequence of events highlights the structured process of leadership changes within Lagos State's financial administration.

The Office of the State Auditor-General has publicly acknowledged that Dr. Tayo-Makanjuola's confirmation reflects her extensive professional experience, her comprehensive background, and her proven capacity to lead. The office's management and staff have extended their congratulations and pledged their full support for her tenure, expressing a collective commitment to reinforcing public sector auditing under her guidance.

This leadership is crucial for advancing accountability, enhancing transparency, and ensuring the judicious management of public resources throughout Lagos State, thereby strengthening Lagos public financial management practices. The appointment of Dr. Olufunke Omolara Tayo-Makanjuola is seen as a move to uphold and potentially elevate the standards of financial oversight within the state government.

Lawyers and compliance officers advising clients on public sector engagements or financial compliance in Lagos State should note the confirmation of the new Auditor-General. This appointment to a key oversight role may signal continuity or potential shifts in audit priorities and enforcement within Lagos State's public resource management.

Source: Original reporting via PUNCH Online