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315 agencies fail to submit audited accounts - OAUGF

The report of the Senate Committee on Public Accounts on the status of compliance of parastatals on submission of audited accounts to the OAUGF obtained yesterday has revealed that no fewer than 315 Federal agencies including the Nigerian Ports Authority (NPA), Nigeria Deposit Insurance Corporation (NDIC) have failed to submit audited accounts to the Office of Auditor-General for the Federation (OAUGF).

Some of the agencies that have fully complied are Central Bank of Nigeria (CBN), Federal Medical Centre, Birnin Kebbi, Federal Character Commission, Nigerian Television Authority (NTA), National Human Rights Commission and Nigerian Law Reform Commission.

It should be noted that section 85 (3) of the 1999 Constitution empowers the office of Auditor-General for the Federation to audit accounts of all agencies of the federal government.


Tags: Oaugf  Finance  Account  Audit