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Life And Times Of Nigerian Doyen If Accountancy, Akintola Williams
Published
2 years agoon
By
Editor
Pa Akintola Williams, the Nigerian doyen of accounting died in the early hours of Monday at the age of 104.
William, who was also a prominent founding figure of Lions Clubs International, died in sleep, at his residence, Lagos.
Here is the timeline of the Nigerian foremost accountant:
Early life and education
Chief Akintola Williams, the first chartered accountant in Nigeria, was born on August 9, 1919, in Lagos State.
His father, Thomas Ekundayo Williams, was a colonial service clerk who established a law practice in Lagos after receiving legal training in London, England. His grandfather, Z. A. Williams, was an Abeokuta-based merchant prince.
He was the senior sibling of the late Rev. James Kehinde Williams, a Christian clergyman, and Frederick Rotimi Williams, who eventually rose to prominence as a lawyer.
He had his primary education at Olowogbowo Methodist Elementary School, and secondary education at CMS Grammar School, both in Lagos
He continued his education with a UAC scholarship to Yaba Higher College, where he earned a diploma in commerce.
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Williams then proceeded to England in 1944 to enrol at the University of London, where he earned a Bachelor of Commerce in 1946 after studying banking and finance.
He went to England, finished his education, and earned his chartered accountant certification in 1949.
Career and business life
Williams served as an assessment officer for the Inland Revenue after his return to Nigeria in 1950 until March 1952, when he left the government service and established Akintola Williams & Co. in Lagos State, which happened to be Africa’s first indigenous chartered accounting firm.
Five significant international corporations dominated the accounting sector at the time. Despite the fact that there were a few tiny local businesses, they were certified rather than chartered accountants.
Williams benefited from business from local firms such as the West African Pilot, founded by Nnamdi Azikiwe; the African Insurance Company, founded by K. O. Mbadiwe; the Fawehinmi Furniture Company; and the Ojukwu Transport Company.
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Additionally, he rendered services to the new state-owned businesses, such as the Nigerian Railway Corporation, the Western Nigeria Development Corporation, the Eastern Nigeria Development Corporation, the Electricity Corporation of Nigeria, and the Nigerian Ports Authority.
His company, Akintola Williams & Co. in Lagos, which was established in 1952, expanded organically and through mergers to become Nigeria’s biggest professional services organisation by 2004.
Williams was engaged in the establishment of both the Institute of Chartered Accountants of Nigeria and the Nigerian Stock Exchange. He has won numerous awards throughout the course of his lengthy career.
Charles S. Sankey, the company’s first partner, joined in 1957. Mr Njoh Litumbe, a Cameroonian, then took his place. Litumbe established satellite offices in Port Harcourt and Enugu, and she later led international expansion.
Some branches were established in Cameroon in 1964, and then branches were established in Swaziland and Côte d’Ivoire, as well as affiliates in Ghana, Egypt, and Kenya. The business employed 535 people and had 19 partners as of March 1992.
The Companies Act of 1968, which mandated that businesses doing business in Nigeria establish locally incorporated subsidiaries and release audited yearly accounts, increased demand. There was a drive to promote indigenous company ownership in the early 1970s.
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The drive affected Chief Arthur Mbanefo’s management consulting firm, AW Consultant Ltd., which was spun off in 1973. In addition to acquiring a secretarial and computer service business, the company also entered into a profit-sharing agreement with Touche Ross International in 1977. Williams served on the boards of several additional businesses and was a significant shareholder in them. He left his job in 1983.
Akintola Williams & Co. combined with two other accounting companies between April 1999 and May 2004 to form Akintola Williams Deloitte (now known as Deloitte & Touche), the largest professional services company in Nigeria with more than 600 employees.
Honours and awards
Williams received the Order of the Federal Republic (OFR) award from the Nigerian government in 1982.
After he retired in 1983, Williams devoted his time to a project to build a music centre and performance hall for the Music Society of Nigeria.
He was made a Commander of the Most Excellent Order of the British Empire in April 1997 for contributions to the accounting industry and support of the Musical Society of Nigeria in promoting music, art, and culture.
In his honour, the Akintola Williams Arboretum is located inside the Nigerian Conservation Foundation’s main office in Lagos.
On May 8, 2011, John Kufuor, a former president of Ghana, and Akintola Williams received awards from the Nigeria-Britain Association in recognition of their services to democracy and development in Africa.
He was awarded ICAN’s first ever Gold Medal Merit Award in 1988.
News
DSS Issues Warning, Arrests Man For Circulating Fake Recruitment Materials
Published
18 hours agoon
August 24, 2025By
Editor
The Department of State Services (DSS) has disclosed the arrest of one Mr. Eze Ezenwa Benard, who was recently apprehended for circulating fake DSS recruitment past questions and answers on Facebook.
The agency, while warning the public in a statement on Saturday, said the suspect operated through a page known as “Jobs and Education”, where he advertised the fraudulent materials and charged unsuspecting members of the public one thousand naira (N1,000) for access.
“The public is hereby cautioned to disregard any materials, as the DSS does not sell or distribute recruitment questions, answers, or examination guides through private individuals or social media pages. Recruitment into the Service, when necessary, follows specialised procedure in accordance with extant laws and due process,” the statement reads.
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Continuing, DSS said Ezenwa’s arrest underscores the Service’s determination to safeguard Nigerians from the fraudulent schemes of unpatriotic elements. “Citizens are therefore encouraged to remain vigilant, verify information from official sources and report suspicious recruitment adverts or individuals attempting to extort money under false pretense.”
The agency assured that it will continue to protect the integrity of its recruitment process while ensuring that perpetrators of fraud face the full weight of the law.
News
‘Na Only People You Gave Work Love You,’ Singer Speed Darlington Tells Tinubu
Published
18 hours agoon
August 24, 2025By
Editor
Singer Speed Darlington has told President Bola Tinubu that public admiration cannot be bought, warning that only those who received appointments or jobs from the government truly support him.
In a video posted on Saturday, August 23, the singer said, “Everything isn’t about the economy! There is more to leadership than the economy. See as everybody dey call your name, dey complain. Nobody loves you. Na only the ones you gave work, na them love you. Even your own tribe dey complain about you.”
READ ALSO:Before You Leave Office, Reform The Police — Speed Darlington Urges Tinubu
Darlington, an Igbo man, urged Tinubu to focus on police reform and respect for human rights. “The Nigerian police is an oppressive agency rooted in human rights violation. As a matter of fact, if they do not violate you, it’s as if they are not even doing their job.
“The idea of arrest before investigation is a pure human rights violation. You arrest and hold a person before you dey investigate. Please, before you leave office, please speak to your Yoruba brother IGP man,” he added.
News
Before You Leave Office, Reform The Police — Speed Darlington Urges Tinubu
Published
18 hours agoon
August 24, 2025By
Editor
Popular controversial singer Speed Darlington has called on President Bola Tinubu to reform the Nigerian Police Force, urging the government to prioritise citizens’ rights alongside economic growth.
In a video posted on Saturday, the entertainer criticised what he described as the police’s systemic human rights violations and oppressive practices.
“Mr President, before you leave office, whether you secure a second term or not, try your best to improve Nigeria. Everything isn’t about the economy!
“There is more to leadership than the economy. See as everybody dey call your name, dey complain. Nobody loves you. Na only the ones you gave work, na them love you. Even your own tribe dey complain about you,” he said.
READ ALSO:Obi Blames Tinubu For 70% Investment Crash
The singer, who identifies as Igbo, urged Tinubu to engage with the Inspector-General of Police and implement reforms.
“As an Igbo man, the advice I can give you so people will know your name and remember you for something good is to reform the police. Reform the police.
“The Nigerian police is an oppressive agency rooted in human rights violation. As a matter of fact, if they do not violate you, it’s as if they are not even doing their job.
“The idea of arrest before investigation is a pure human rights violation. You arrest and hold a person before you dey investigate,” he added.
READ ALSO:Tinubu Subsidises Kidney Dialysis Cost By 76% In Federal Hospitals
Darlington also recounted his personal ordeal with law enforcement, highlighting the system’s abuse of power.
“I was held for two months after the judge had ordered my release. FID held me for two months. According to my lawyer, the Nigerian law gives only 28 days for investigation.
“They held me for two months. What is the extra month for? Because they can. If you give them money, they oppress your enemy. I have experienced it,” he said.
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