Gombe State Audited Financial Report For 2023

The independent audit firm Bayos L.Y. & Co. has officially released its statutory audit report for Gombe Local Government Council in Gombe State for the fiscal year ended December 31, 2023, uncovering a mixture of massive statutory inflows and deep-seated systemic infractions within the council's operations.  The report, signed by Managing Partner Bayos Limba Yakubu, presents a comprehensive evaluation of the council's General Purpose Financial Statements (GPFS), prepared under the internationally recognized IPSAS Cash Basis of Accounting. While Yakubu certified that the financial statements generally offer a "true and fair view" of the local government's finances , the document pulls back the curtain on severe budget variances, high overhead costs, and an overwhelming reliance on federal statutory allocations