Bauchi State Audited Financial Report For 2024
The Office of the Auditor-General for Local Governments in Bauchi State has officially released its annual audit report for the fiscal year ended December 31, 2024, uncovering a mixture of massive statutory inflows and deep-seated systemic infractions across all 20 Local Government Councils.
The report, signed by Acting Auditor-General Ahmed Abubakar Kobi, presents a comprehensive evaluation of the councils' General Purpose Financial Statements (GPFS), prepared under the internationally recognized IPSAS Cash Basis of Accounting. While Kobi certified that the financial statements generally offer a "true and fair view" of the state’s local finances, the document pulls back the curtain on severe internal control failures, unretired cash advances, and an overwhelming reliance on federal allocations.