Council Treasurer
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Olagboye Nurat
Council Treasurer
The Council Treasurer is the chief financial officer of the LCDA and oversees all financial operations to ensure accountability, transparency, and effective use of public resources. The office manages revenue, expenditure, financial planning, and ensures adherence to financial regulations and standards.
Responsibilities
- Leads the Finance Department and oversees all monetary transactions of the LCDA
- Prepares the annual budget and long-term financial plans
- Signs and verifies financial documents, payment approvals, and official accounts
- Ensures accurate tracking of revenue, expenditure, and financial reporting
- Allocates funds to essential projects such as infrastructure, public health, sanitation, and community development
- Works with departments to ensure proper utilization of funds
- Prepares financial statements, reports, and audits for transparency
- Advises the Executive Chairman and Council on financial matters and fiscal policy
- Ensures compliance with financial laws, procurement guidelines, and accounting standards
The Council Treasurer plays a vital role in safeguarding public funds and supporting the financial stability of the LCDA. Through careful planning, oversight, and regulation, the office ensures that resources are channeled toward impactful projects that improve the welfare of residents.