AUDIT SERVICE BILL

What Is This Policy?

A bill to strengthen the legal framework for audit services in Nigeria, enhancing the independence and capacity of the Auditor-General's office.

Who Does It Target?

The Auditor-General's office, federal government agencies, public financial management stakeholders, and the Nigerian public.

What Does It Aim to Achieve?

Strengthen public financial accountability, enhance audit independence, improve oversight of government spending, and promote transparency.

Key Features

Institutional Framework: Establishes clear legal and operational structures Capacity Building: Strengthens institutional and human capacity Public Benefit: Designed to improve service delivery and public outcomes

Current Status

Rollout Stage: Under legislative consideration Coverage: Nationwide Funding: Federal Government appropriation

How to Access

Not yet operational. The bill is progressing through the National Assembly.

Impact & Metrics

Would strengthen institutional capacity and improve outcomes in the relevant sector upon passage.

Official Resources

Website: nass.gov.ng Contact: National Assembly, Three Arms Zone, Abuja

Legal Framework

Introduced under the legislative powers of the National Assembly vested by Section 4 of the 1999 Constitution (as amended), and Sections 85 to 86 on the Auditor-General for the Federation. Draws on the Audit Act (Cap A21 LFN 2004), the Fiscal Responsibility Act 2007, and the Public Finance Management framework. Aligns with the International Organisation of Supreme Audit Institutions (INTOSAI) standards and the African Organisation of Supreme Audit Institutions (AFROSAI) guidelines.