Editorial Board


Professor Rafiu Oyesola Salawu

Department of Management & Accounting, Faculty of Administration, Obafemi Awolowo University, Ile-Ife

Managing Editor

Professor Godwin Emmanuel Oyedokun

Department of Management & Accounting, Lead City University, Ibadan, Nigeria

Editorial Board Secretary

Mary-Fidelis Chidoziem Abiahu

Director, Research and Professional Standard, Chartered Institute of Taxation of Nigeria

Editorial Board Members

Professor Chinedum Nathaniel Nwezeaku

Federal University of Technology, Owerri

Professor John Adeoti

Nigeria Institute of Social and Economic Research (NISER), Ibadan

Professor Uche Jack-Osimiri

Faculty of Law, River State University, Port Harcourt

Professor Aruwa Suleiman Akwu-Odo Salihu

Nasarawa State University, Keffi Nasarawa State Nigeria

Dr. Eiya Ofiafoh Ofiafoh (Associate Professor)

Department of Accounting, University of Benin, Benin City, Nigeria

Dr. Stephen Chukwuemeka Mark Abani

MCSA Worldwide Projects Limited, Abuja, Nigeria

Dr. Kenny Adedapo Soyemi

Department of Accounting, Olabisi Onabanjo University, Ago Iwoye, Ogun State, Nigeria

Professor Joseph Uchenna Uwaleke

Department of Banking & Finance, Nasarawa State University, Keffi Nasarawa State, Nigeria

Barrister Chukwuemeka Eze

Faculty of Law, Nasarawa State University, Keffi Nasarawa State, Nigeria

Mr. Simon Nwanmaghyi Kato

Federal Inland Revenue Service, Chairman’s Office, Abuja, Nigeria

Issue 1, March 2022




Ogbeiyulu Felix UMANHONLEN, Imade Rebecca UMANHONLEN and Osikhena Killian OGIEDU


Performance audit, which is also known as "value for money" audits, have become increasingly common in the public sector over the past few decades. This paper examined performance audit effectiveness in the Nigerian public sector. Specifically, the study reviewed extant literature on the subject, and examined Nigeria's public sector and its governance as well as the concepts of performance audit, the effectiveness of performance audit, and public sector. The paper adopted the library research approach, such as journal articles, textbooks, online publications, magazines, and so on. It was observed that prior literature on the effectiveness of performance audits was done in other countries. Studies from Nigeria focused on accountability, its measures, the role of the Supreme Audit Institution, performance audit, and public sector budgetary efficiency, as an effective tool for fighting corruption. Also, this paper found out that effective performance audit in Nigeria's public sector is bedeviled by certain factors which have made their effectiveness questionable. It, therefore, concludes that audit has gone beyond the examination of expenditure and now beginning to look into the processes and procedures that influence the decision on expenditure. However, recommended that the Auditor General of the Federation should ensure that adequate and competent staff which can help it develop the right performance audit team matrix are employed.