Mr. Olugbuyi Babatunde John

Council Treasurer

Lagos Island Local Government, Lagos State

Mr. Olugbuyi Babatunde John is the Council Treasurer of Lagos Island Local Government — the chief financial officer responsible for safeguarding public funds, ensuring proper financial management, and supporting the implementation of the Local Government's development agenda through prudent budgeting and fiscal discipline.

As Treasurer, he plays a critical role in linking financial planning with service delivery — ensuring that every naira collected is properly recorded, that every expenditure is authorised and documented, and that the Council's financial position is transparent and accountable to the public.

Key Responsibilities

• Financial management and control — overseeing all financial operations, recording, and reporting
• Revenue management — supervising collection, documentation, and banking of IGR and all Council revenues
• Expenditure control — authorising payments in line with approved budgets and financial regulations
• Budget coordination — supporting the preparation of the annual budget and monitoring performance
• Compliance and reporting — ensuring adherence to Treasury circulars, financial guidelines, and public finance laws
• Financial advisory — serving as principal financial adviser to the Executive Chairman and Council management
• Audit liaison — working with internal and external auditors and addressing audit queries

Financial Philosophy

Mr. Olugbuyi brings a disciplined, integrity-driven approach to public financial management. His office operates on the principle that every naira of public money must be accounted for, that spending must deliver visible value, and that financial transparency is the foundation of public trust. Under his oversight, the Council's finances are managed with the rigour and accountability that residents deserve.