About Us

About Lafenwa Osiberu & Co.

THE FIRM


The firm was established in 1972 by Bada Zacchaeus Olafenwa as a Sole Practitioner firm but grew to a partnership in 1973 when Chief Festus Folarin Sonaike joined.

The firm grew steadily over the years with additional top executives to assist in policy formulation and execution. The firm consciously adopted a policy of engaging experienced and tested professionals as consultants.

In the forty-three year existence of the firm, we have carried out our professional practice without blemish, producing many Chartered Accountants and participating in the economic growth of our country, Nigeria.

MISSION STATEMENT


mission Lafenwa Osiberu & Co. has the mission of “Practicing accountancy in conformity with the highest professional standards while satisfying our clients by contributing to their growth and efficiency, producing optimal profits for our partners and a conducive environment for our staff to train and develop in the profession.


PROFILE OF OUR PERSONNEL


personnel

Our principal Officer and Consultants:


BADA OSIBERU ZACCHAEUS OLAFENWA

PROFESSIONAL QUALIFICATIONS
  • Fellow, Chartered Association of Certified Accountants
  • Fellow, Institute of Chartered Accountants of Nigeria
PROFESSIONAL EXPERIENCE
  • Nigeria Railway Corporation, Cost Accounting Department, Lagos
  • Z. O Ososanya & Co. Chartered Accountants, Ibadan
  • Casselton Elliot & Co Chartered Accountants, Ibadan
  • Premost & Co. Chartered Accountants, London
  • Jefferson & Co. Chartered Accountants, London
  • R.J Ronalds & Co. Chartered Accountants, London
  • Bewac Limited, Apapa, Commercial Department
  • Founder, Lafenwa Osiberu & Co. Chartered Accountants


CHIEF SONAIKE FESTUS FOLARIN

PROFESSIONAL QUALIFICATIONS
  • Fellow, Chartered Association of Certified Accountants
  • Fellow, Institute of Chartered Accountants of Nigeria
  • Associate, Institute of Chartered Secretaries
PROFESSIONAL EXPERIENCE
  • Union Bank of Nigeria Limited
  • Arthur C. Hayward Co. Chartered Accountants, London
  • Steiner & Co Limited, Lagos
  • Partner, Lafenwa Osiberu & Co. Chartered Accountants
  • Founder, Folarin Sonaike & Co. Chartered Accountants


AYANKOYA JOSIAH FUNSO

PROFESSIONAL QUALIFICATIONS
  • Associate, Chartered Institute of Taxation
  • Associate of the Institute of Chartered Secretaries and Administrators
  • Certificate in Tax Administration (UNICEF)
  • Certificate in Tax and Practice (UK)
PROFESSIONAL EXPERIENCE
  • Inspector of Taxes, Western State Internal Revenue
  • Chief Inspector of Taxes, Internal Revenue Division, Ogun State
  • Director Board of Internal Revenue Ogun State
  • Member Joint Tax Board, Federation of Nigeria


ILYAS OPEYEMI SHAKIRU

PROFESSIONAL QUALIFICATIONS
  • B. Sc. Accounting
  • Member, Institute of Chartered Accountants of Nigeria.
  • IFRS Diploma (ACCA)
PROFESSIONAL EXPERIENCE
  • Daramola Dayo & Co. Chartered Accountants
  • Sheerahmog Consulting Chartered Accountants
  • Lafenwa Osiberu & Co. Chartered Accountants

Federal Sections

OUR REFERENCES

NAMES

SERVICES

(A.) FEDERAL GOVERNMENT
CONSULTANCY
1. Federal Inland Revenue Services Auditing Withholding Tax (WHT) Value Added Tax (VAT) and Personal Income Tax (PIT) / PAYE in Ministries, Departments and Agencies (MDAS).
2. Central Bank of Nigeria Post-Examination Monitoring of Recommendations in Examination Reports of Microfinance Bank.
3. Pipeline and Products Marketing Corporation Provision of Support Staff for LPG Depot Operations on Contract basis
4. Nigeria National Petroleum Corporation Verification of Products Import Deliveries and Billing of Marketers – Crude Oil for Products Swap.
(B.) STATE GOVERNMENT

NAME

PRODUCTS

1. Lagos State Government Auditor General
2. Ogun State Cocoa Development Unit World Bank Project
3. Ogun State Sports Council Sports Administration
4. Ogun State Television Service Television Service
5. Lagos State Transportation Corporation Transportation
6. Lagos State Eko Holiday Inn 5 star Hotel
Ogun State College of Education
(Now Tai Solarin University)
Education
Lagos State Public Procurement Agency Agency
(.C) MANUFACTURING INDUSTRIES

NAME

PRODUCTS

1. Adurafoam Industries Limited Biscuits
2. Temitope Biscuits Limited Toilets Rolls
3. Pefac Paper Converters Limited Serviette Papers
4. Continous Printing Industries Limited Security Printing
5. Cutlass Carpet Limited Carpets and Rugs
6. John West Packaging Limited Packaging
Sambol Nigeria Ventures Limited Industrial
(.D) PUBLISHING HOUSES

NAME

PRODUCTS

1) Johnwest Publications Limited Books and Stationeries
2) African Press Limited Books and Stationeries
(.E) MEDIA HOUSE (PRINT)

NAME

PRODUCTS

1) African News Paper of Nigeria Plc Nigerian Tribune Titles
2) Sketch Press Limited Sketch Newspaper
3) New Nigeria Newspaper Limited Northern New Nigerian Newspapers
(.F) PENSION FUNDS

NAME

PRODUCTS

1) Chemicals and Allied Products Limited Staff Retirement Benefit
2) Sketch Press Limited Staff retirement Benefit
3) Epe plywood Industries Limited Staff Contribution Benefit Trust Scheme
G) TRADE UNIONSE.T.C

NAME

PRODUCTS

1) Nigerian Association for Pension Welfare
2)Legal Aid Council
3)Automobile and Allied Workers Union
4)Nigerian Union of Journalist
5)Nigeria Labour Congress
6)Newspaper Proprietors Association of Nigeria
(.H) INSTITUTIONS

NAME

PRODUCTS

1) Nigerian Institute of Journalism
2) University of Ibadan
(.I)PRIVATE PLACEMENTS, REPORTING ASSIGNMENTS

NAME

PRODUCTS

1) Face to Face Million Dollar Pools Ltd
Odu’a Textiles Industries Limited
Anu-Oluwa Chemist & Supermarket
(.J) INVESTMENT COMPANIES

NAME

PRODUCTS

1) Volker Securities & Investment Limited co. Ltd Properties/Securities
2) Goldfield Securities Limited Securities
(.K) INVESTIGATION/DUE DILLIGENCE AUDIT

NAME

PRODUCTS

1)Nigerian Bar Association Financial Position
2)Hoechst Plc (Now Nigerian-German Plc) Evaluation of acquisition
3) New Nigerian Newspaper Limited Financial Position
OnaAra Community Bank Financial Position
(.L)ODUA INVESTMENT GROUP OF C

NAME

PRODUCTS

1) Odu’a Textile Industry Limited Textile
2) Odu’a Printing Company Limited Printing
3) Askar Paints Limited Paints
4) Epe Plywood Limited Plywood/Furniture
5) Wrought Iron (Nigeria) Limited Steel Fabrication
(.M)DEBIT RECOVERY/RECEIVERSHIP/INSOLVENCY

NAME

PRODUCTS

1) Agents of Union Bank Of Nigeria Plc
(.N)FEDERAL AGE

NAME

PRODUCTS

1) Federal Radio Corporation of Nigeria (FRCN)
2) Nigeria Prison Service
(.O) OVERSEAS

NAME

PRODUCTS

1) Claims due on remittances from central bank of Nigeria for company Manchester UK
(.P) MICROFINANCE

NAME

PRODUCTS

1) Sagamu Microfinance Bank Limited Financial Services
2) Eso –E Microfinance Bank Limited Financial Services
3) AlapereMicrofinace Bank Limited Financial Services
4) OnaAra Microfinance Bank Limited Financial Services
5) Madelyn Microfinance Bank Limited Financial Services
6) Palmcoast Microfinance Bank Limited Financial Services
7) Prospects Microfinance Bank Limited Financial Services
8) Alapere-Agboyi Commnuity Bank Financial Services
(.Q) DISTRIBUTIVE TRADE

NAME

PRODUCTS

1) Senn- Sound (West- Africa) Limited Electronics Representatives
2) Abudu& Sons Limited Merchandise Representatives
3) Lamidi Ajadi & Sons Tyres and Tubes
4) Tociano (NIG) Limited Jewelries and Accessories
5) S.O. Osibodu & Co. Limited Sales & Beer Distributor
6) Lamina Odukale & Co. Limited Motor Spare Parts
(.R) TRANSPORT

NAME

PRODUCTS

1) Lagos State Municipal Transport Services Mass Transit
2) Abudu – Aina & Sons Limited Haulage of Cement & Petroleum.