HON. SAAD LUKMAN OLUMOH
Member, Representing Ajeromi Ifelodun Constituency 1, Lagos State House Of Assembly.
Summary
A service -oriented, Innovative and Productive Finance Expert with over 35 years in Business and Financial Management, Trainings, Tax Consultancy, Manufacturing, Banking, and Investment Advisory. Possesses core skills in Strategic Financial Management, Business Development and organizational effectiveness, with an impeccable administrative skill which helps relate productively with external stakeholders in business. An astute politician with versatile ability in policy articulation and mobilization at the grassroots level. He is the current Chairman, House Committee on Economic Planning and Budget. He was the former Chairman, House Committee on Public Private Partnership.
Overview
35
35
years of professional experience
Work History
Parliamentarian
Lagos State House of Assembly
06.2019 - Current
- Chairman, House Committee on Economic Planning and Budget
- Former Chairman, House Committee on Public Private Partnership
- Member of Committees on Finance, Public Accounts State & Local, Energy, Environment, Waterfront, Wealth Creation, Works & Infrastructure, Legislative Compliance.
- Enacting Laws through bills and motions for the overall development of Democracy, Infrastructures and Human Capital.
- Overseeing the executive and judicial arm of the Government to ensure that all laws made by the parliament are executed for the greater benefits of the state.
- Ensuring efficient allocation and management of the State Resources in order to prevent wastes and corruption.
- Carrying out effective representational duties of the constituents by bringing their needs to the floor of the parliaments for debates through motions and proffering adequate solutions.
- Providing assistance to Students, Traders, Artisans, Women and Youths through the Constituency Outreach Programmes.
FORMER PRINCIPAL PARTNER
Willbond Consulting Limited (Tax Consultancy, Training and Human Capital Development)
09.2008 - 10.2018
- Managed the daily running of the Company.
- Monitored financial performance, set budgets and controlled expenses to provide financial stability and long-term organizational growth.
- Prepared and implemented comprehensive business plans to facilitate achievement.
- Provided Tax Advice and Support to Organizations, Businesses and Individuals.
- Provided Tax Adit Services Management
- Built relationships with Business Partners and sourced new Clientele.
- As One of the Tax Management Agent for the State, ensured revenue generation and compliance.
MANAGING DIRECTOR
Manol Allied and Industries Ltd
06.1998 - 01.2010
- Import and export of Agricultural Products and Produce.
- Production of various African hardwoods for export to numerous Partners in Asia, Europe and America.
- Major Importer of Tyres and Vehicle Parts from China and United States of America in partnership with Leviathan Inc., New York.
- Major Ticket Dealer with the Lagos State Bus Rapid Transit Scheme (BRT) and Ferry Services.
- General Contracts and Supplies.
FORMER EXECUTIVE DIRECTOR
Golden Harvest Nigeria Limited
01.1995 - 01.1997
- GOLDEN HARVEST was an Affiliate of GOLDENGATE FINANCE AND CREDIT LTD is a leading investment outfit which specializes in the management of small and medium scale credits
- Facilitated credit disbursements for Small and Medium Scale Enterprises (SMEs).
- Assisted Farmers and Agro- allied Merchants with Loan facilities from NEXIM Bank
- Developed various export markets for Companies.
GENERAL MANAGER
Golden Gate Finance and Credit Ltd
02.1992 - 09.1995
- Managed business of finance and business development.
- Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
- Maximized operational excellence mentoring personnel on management principles, industry practices, and company procedures.
- Developed and maintained relationships with customers and suppliers through account development.
- Monitored financial performance, set budgets and controlled expenses to provide financial stability and long-term organizational growth.
MANAGER
Mutual Trust Investment Limited
03.1991 - 02.1992
- Maintained professional, organized, and safe environment for employees and patrons.
- Developed and maintained relationships with customers and suppliers through account development.
- Onboarded new employees with training and new hire documentation.
- Cross-trained existing employees to maximize team agility and performance.
Financial Analyst
African General Finance and Credit Ltd
08.1990 - 03.1991
- Evaluated financial performance of investments, acquisitions and other business opportunities to provide strategic recommendations.
- Reviewed financial reports and streamlined operations to increase productivity and company profits.
- Developed corporate investment strategies to drive growth and security.
- Determined pricing, margins and risk factors for active and proposed projects.
Education
MPhil/Ph.D Finance
University of Lagos
06-2026
Master of Science - Finance
University of Lagos
Lagos, Nigeria03-2014
Master's of Banking And Finance -
University of Lagos
12-2011
Bachelor of Science - Finance
University Of Lagos
Lagos Nigeria10-1990
A’ Level - Social Sciences
Kwara State Polytechnic, Ilorin
04-1987
General Certificate of Education (O’ level) - Social Sciences
Government Secondary School
06-1984
First School Leaving Certificate - Elementary Education
Army Children School
06-1979
Skills
- Team Leadership
- Rapid Learning Ability
- Effective Communication and Interpersonal Skills
- Strategic Financial Planning
- Cross-Functional Collaboration
- Advanced Financial analysis
- Financial Management
- Evaluating capital projects
- Budgeting
- Revenue Growth Management
Political History
- Elected Member, Lagos State House of Assembly, 2019
- Member, Independent Campaign Group, APC, 2015
- Chairman, Committee on Mobilization of Members of Lagos State House of Assembly Aspirants, 2015
- Contestant of APC Primary for Lagos State House of Assembly, 2015.
- Member, All Progressive Party (LA/AJIF/07055602)
- Member, Action Congress of Nigeria (ACN/Ifelodun/A/270)
- Member, Alliance for Democracy.
- Member, Social Democratic Party.
- Liberal Convention Party, Secretary, Ward D1, Ojo Local Government, 1988
Affiliations
- The Institute of Credit Administration(ICA)
- Nigeria Institute of Training and Development (NITDA)
- Institute of Credit and Collection of Nigeria (ICCN)
- Chartered Institute of Bankers of Nigeria (CIBN)
- Lions Club International
- Ultimate Circle of Nigeria (UCN)
Awards
- Prestigious Economists Merit Awards of the Institute of Chartered Economists of Nigeria, 2024.
- Certificate of Meritorious Award in recognition of dedicated service to the people and government of Lagos State as a Parliamentarian (2019-2023), Lagos State House of Assembly, 2023.
- Melvin Jones Fellowship Award of Lions Club International, 2023.
- Appreciation Award for the Support of Police Community Relations Committee, Area B Command, Lagos, 2022.
- Platinum Pillar of Service Award for outstanding support and service to humanity, Lions Club International, 2021.
- Awards for continuous Contributions to the Development of Ajeromi-Ifelodun, Nigeria Youth for Good Governance (NY4GG), 2021
- 2020 Best Legislator Award, Success in Leadership Conference, 2020.
- Merit Award for the Best Performing Sports Loving Legislator of the Year, Angle 90 Promotion, 2020.
- Promising Legislative Leadership Award, Ajeromi Ifelodun Constituency Forum, 2019.
- Recognition of Excellent Contribution and Support to Islam, NAFSAT Ajeromi -Ifelodun Branch, 2019.
- Recognition of Contribution to Grassroots Development, Fabulous Achievers Award, 2019
- The Most Influential Figure of the Year, 2019, Success in Leadership Conference, 2019
- The Most Influential Award of Distinction for excellent contributions to the Development of Ilorin Emirate by Ilorin Emirate Descendants’ Progressive Union (2014)
- Overall Best Student Government Secondary School, Ballah, 1984
Accomplishments
- Need to curb incessant domestic liquefied natural gas explosion in Residential Areas of Lagos.
- Non-compliance with Public-Private Partnership Law
- Ratification of the House on Concession Agreement for the provision of Traffic Management to Lagos State by Artezia Traffic Solutions Limited.
- Appropriation (Amendment) Law 2023, & Appropriation Law 2024.
- Appropriation (Amendment) Law 2024 & Appropriation Law 2025.
- Lagos State Lotteries and Gaming Authority (Amendment) Bill, 2023.
- Appropriation Amendment Law, 2019, 2020,2021,2022.
- Appropriation Law, 2020,2021,2022, 2023
- Lagos State Neighborhood Safety Corp (Amendment) Law, 2020.
- Lagos State House of Assembly Legislative Service Commission Amendment Law, 2020
- Corona Virus Pandemic Emergency Law, 2020.
- Unlawful Society Anti-Cultism Prohibition Law, 2021.
- Lagos State Public Procurement Agency Law 2021.
- Lagos State Domestic and Sexual Violence Agency Law, 2021.
- Establishment of the Lagos State University of Science and Technology Law, 2021.
- Establishment of the Lagos State University of Education, 2021.
- Lagos State Sports commission (Amendment) Law,2021.
- Lagos Sate Electricity Bill 2024.
Motion Sponsored
Bills Co-sponsored
Hobbies
Reading, Listening to Music, Traveling and Networking
Trainings & Seminars
- NCSL Legislative Summit, Louisville, Pennsylvania, 2024.
- Induction Programme on Responsive & Participatory Governance, Lagos State House of Assembly, 2023.
- Induction Programme for Members of the 10th Assembly. KONRAD/NILDS. 2023
- Seminar on Successful Collaboration, Office of the PPP, Lagos, 2022
- NCSL Legislative Summit, Denver, Colorado, 2022
- Seminar on Private Sector Collaboration, Office of the PPP, Lagos, 2021
- Seminar on the Role of PPP in the 2021-2025 NDP, Office of the PPP, 2021
- Capacity Building Bookshop for Lagos State House of Assembly, KONRAD/NILDS. 2021
- Capacity Building Workshop for Lagos state House of Assembly , KONRAD, 2020
- Improving the Quality of Service Delivery in Lagos State Secondary Health Care System, LSMH, 2019
- ICA Credit Management Training Program, ICA, 2013
- Mandatory Credit Management Specialist Conference. CBN, 2013
- Strategic Debt Recovery Initiative, NDIC., 2013
- Survival of Microfinance and Mortgage Banks , 2008
- Managing Problem Loans, NDIC, Abuja. 1996
Additional Information
Member House Committees on:
- Economic planning and Budget
- Finance
- Public Account State
- Public Account Local
- Public Partnership
- Works and Infrastructure
- Energy and Mineral Resources
- Procurement
- Special Duties and Intergovernmental Relations
- Establishments, Trainings and Pensions
- Lands
ADHOC Chaired
- 10-Man Ad-Hoc Committees on Reordering of Priorities under the Year 2023 Budget.
- 6-Man Ad-Hoc Committee on Palliative Measures to cushion the effect of the Fuel Subsidy Removal in the State (2023)
- Member, Screening Committee for the confirmation of Commissioners and other Political Appointees. (2023)
Timeline
Parliamentarian
Lagos State House of Assembly
06.2019 - Current
FORMER PRINCIPAL PARTNER
Willbond Consulting Limited (Tax Consultancy, Training and Human Capital Development)
09.2008 - 10.2018
MANAGING DIRECTOR
Manol Allied and Industries Ltd
06.1998 - 01.2010
FORMER EXECUTIVE DIRECTOR
Golden Harvest Nigeria Limited
01.1995 - 01.1997
GENERAL MANAGER
Golden Gate Finance and Credit Ltd
02.1992 - 09.1995
MANAGER
Mutual Trust Investment Limited
03.1991 - 02.1992
Financial Analyst
African General Finance and Credit Ltd
08.1990 - 03.1991
MPhil/Ph.D Finance
University of Lagos
Master of Science - Finance
University of Lagos
Master's of Banking And Finance -
University of Lagos
Bachelor of Science - Finance
University Of Lagos
A’ Level - Social Sciences
Kwara State Polytechnic, Ilorin
General Certificate of Education (O’ level) - Social Sciences
Government Secondary School
First School Leaving Certificate - Elementary Education
Army Children School
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