NYSC DG Tasks Internal Auditors on Accountability and Financial Control

He warned that a weak internal control system could result in severe consequences, such as mismanagement of funds and financial losses due to a lack of accountability, potentially damaging the Scheme’s credibility and eroding public trust.

NYSC DG Tasks Internal Auditors on Accountability and Financial Control

The Director General of the National Youth Service Corps (NYSC), Brigadier General YD Ahmed, has urged the Scheme's internal auditors to uphold the culture of accountability in their official duties, emphasizing the importance of reinforcing the Scheme's internal financial control systems to prevent financial losses.

General Ahmed made this call during the opening ceremony of the 2024 NYSC Internal Auditors' Workshop, themed "Enhancing Efficiency and Effectiveness of Financial Operations in the Internal Control System – the Role of the Internal Auditor," held in Abuja. Speaking through the Director of Procurement, Mr. Chris Jimba, the DG stressed the need for strict adherence to the highest ethical and compliance standards in the Scheme's financial practices.

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He warned that a weak internal control system could result in severe consequences, such as mismanagement of funds and financial losses due to a lack of accountability, potentially damaging the Scheme’s credibility and eroding public trust. He further stated, "It is crucial that we reinforce our internal financial control systems to safeguard the resources of the Scheme. By enhancing our financial controls, we not only meet regulatory requirements but also advance good governance."

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In his welcome address, the Acting Director of Internal Audit, Dr. Levi Agim, described the workshop as a stepping stone toward strengthening the Scheme’s internal control systems. He highlighted the crucial role NYSC Internal Auditors play in the Scheme's financial operations and emphasized the need for their competencies to be periodically updated for optimal performance.

In his goodwill message, the Accountant General of the Federation, represented by the Director of Audit Monitoring, Mr. Chizea Peter, encouraged participants to promote professional ethics and self-confidence. He also urged them to align with government reforms and enhance the control of financial management systems to promote synergy and achieve organizational goals.