Nigeria's Auditor-General Underfunded
Analysis based on 8 articles · First reported Feb 11, 2026 · Last updated Feb 12, 2026
The underfunding of the Nigeria===Office of the Auditor-General for the Federation in Nigeria could lead to increased corruption and reduced transparency, negatively impacting investor confidence in Nigeria's public financial management. This situation highlights a systemic risk to the country's economic stability.
The Nigeria===House of Representatives (Nigeria) Committee on Public Accounts has warned the Federal Government of Nigeria against underfunding the Nigeria===Office of the Auditor-General for the Federation. Lawmakers described the proposed N15.88 billion allocation, representing 0.027% of the N58.4 trillion federal budget, as grossly inadequate. This underfunding is seen as a threat to the Nigeria===Office of the Auditor-General for the Federation's ability to effectively audit over 1,000 government entities, potentially weakening oversight mechanisms and fueling corruption. Committee Chairman Bamidele Salam emphasized that budget shortfalls have already restricted audits of Nigeria's foreign missions. The committee stressed the importance of timely and sufficient funding, especially for capital projects, to modernize audit technology, recruit skilled personnel, and enhance institutional efficiency, aligning with international standards from the International Organization of Supreme Audit Institutions.
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