Auditor-General Raises Alarm Over Weak Financial Controls in Government Agencies
Auditor-General Shaakaa Chira has raised concerns over weak internal controls, accountability gaps and poor compliance in government agencies, warning that the challenges continue to hinder effective financial oversight and transparency.
The Auditor-General for the Federation, Dr. Shaakaa Chira, has expressed concern over persistent weaknesses in accountability and financial management across government institutions, warning that weak internal controls, capacity gaps and poor compliance with regulations continue to undermine transparency in the public sector.
Speaking in an interview on Wednesday, Chira identified weak accountability structures as one of the major obstacles to effective financial oversight in Ministries, Departments and Agencies (MDAs).
According to him, several government institutions still struggle with inadequate internal control systems, delayed responses to audit observations and insufficient appreciation of the importance of compliance with financial regulations.
“One of the major challenges is the persistence of weak internal control systems in some public institutions. In certain cases, there are also capacity gaps, delays in responding to audit observations and inadequate appreciation of the importance of compliance with established regulations,” he said.
The Auditor-General noted that the sheer scale of government operations compared to available oversight resources has further complicated efforts to ensure accountability and prudent management of public funds.
Despite these challenges, he said the Office of the Auditor-General for the Federation (OAuGF) continues to engage MDAs, provide professional guidance and advocate stronger accountability measures to improve compliance and safeguard public resources.
Chira disclosed that since assuming office, the OAuGF has intensified efforts to strengthen its institutional capacity through auditor training, improved forensic audit capabilities and compliance with international auditing standards.
He added that the office is implementing its Strategic Plan 2024–2028, aimed at enhancing audit quality, institutional effectiveness and accountability in public resource management.
The Auditor-General also highlighted the growing role of technology in public sector auditing, noting that the office has adopted digital audit tools, data analytics and modern auditing techniques to improve efficiency and detect financial irregularities more effectively.
According to him, technology enables auditors to analyse large volumes of data, identify unusual patterns and uncover potential risks faster than traditional methods.
Chira further stressed that transparency remains critical to rebuilding public confidence in government financial management. He said the office remains committed to publishing audit reports and making findings accessible to citizens through appropriate channels.
He added that efforts are ongoing to improve stakeholder engagement and public communication so that audit findings can be better understood by ordinary Nigerians.
Related stories
News
NSA, Defence Minister, Others Storm US Over Insecurity in Nigeria
Nuhu Ribadu leads a high-level Nigerian delegation to Washington for talks with US officials on counterterrorism and security cooperation.
News
NDPC Probes Lotus Bank, UNILAG Over ‘Unlawful’ Use of Students’ Data to Open Accounts
NDPC launches forensic probe into UNILAG, Lotus Bank and Hackerbella over alleged unlawful use of students’ data to open accounts.
News
Man City Welcome Six Stars Back Ahead of Arsenal Community Shield Clash
Manchester City have welcomed six senior players, including Erling Haaland and Jeremy Doku, back into training ahead of Sunday's Community Shield clash with Arsenal in Cardiff.
News
Corinthians Broke Agreement, Depay Fumes Over Contract U-Turn
Memphis Depay says Corinthians reneged on an agreement to extend his contract for two years, prompting the Netherlands international to threaten a strong response over the dispute.
Comments (0)
Leave a comment
All comments are moderated before publishing. Your email is never published.