Audit observed that as at the time of the conclusion of the periodic check in November, 2018, the Management of the Council had not prepared and submitted the Audited Accounts of the Council for the periods of 2013, 2014, 2015, 2016 and 2017 financial years to the Office of the Auditor-General for the Federation. Consequently, the constitutional duty of the Auditor– General, of incorporating comments on the Annual Accounts and Management Report of the Council to the Public Accounts Committee of the National Assembly as contained in section 85(3b) Constitution of the Federal Republic of Nigeria (1999 as amended) has been hindered due to non-preparation and submission of audited accounts by the Council’s Management to Auditor-General for the Federation.
Failure to render accounts as stipulated by law is unacceptable and indicative of poor financial management and reporting.