AD

Rivers State Finance: Rivers Ranks Last In 2025 Audit Index

Rivers State governance and transparency advocates are reacting today to a new report by the Paradigm Leadership Support Initiative (PLSI), which ranks Rivers State 36th in Nigeria. The 2025 Subnational Audit Efficacy (SAE) Index, unveiled in Abuja on Tuesday, March 31, 2026, placed Rivers at the absolute bottom of the federation’s accountability ladder with a score of just 9%. This ranking, shared with Abia State, highlights a severe institutional failure in the management and auditing of public funds within the “Garden City” and its surrounding local government areas.

The 2025 Index introduced a modified methodology six years later, incorporating audit functions at the local government level to provide a more holistic view of subnational spending. According to PLSI Executive Director Olusegun Elemo, the assessment used a 80% weighting for state-level performance and 20% for local government data. While Ekiti State emerged as the national leader with a transparent score of 72%, the poor performance of Rivers State marks a significant regression from previous years. Analysts suggest this decline stems from a persistent failure to publish timely audit reports and a lack of administrative independence for the Office of the Auditor-General.

Also Read: http://The Quiet Absence of Port Harcourt’s Musical Craftsman

Structural weaknesses in the Rivers State accountability framework were a focal point of the report. In the 2024 financial year, Rivers was among the 18 states that failed to publish comprehensive audit reports on state accounts and among the 21 states that neglected local government account disclosures. Furthermore, the index revealed that the state has yet to grant full financial autonomy to its audit institutions, leaving critical oversight functions vulnerable to executive influence. “While the national average rose slightly to 34.5%, states like Rivers are dragging the federation’s progress back,” Elemo noted during the presentation.

The PLSI has urged the Rivers State Government to urgently establish an Audit Service Commission to guarantee the independence of its auditors. The report also emphasized that only three states currently have effective Public Accounts Committees (PACs) capable of enforcing audit recommendations, a major gap in the Rivers State House of Assembly’s oversight cycle. Governance experts argue that without these checks and balances, the state’s high internally generated revenue (IGR) remains susceptible to mismanagement and a lack of public scrutiny.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Will Nigeria Replace Iran in the 2026 FIFA World Cup?
Osimhen Out of Hospital After Successful Surgery, Eyes Quick Return
Osimhen Backed for Man United Move as Butt Says He Can Elevate Sesko
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
Jamaica Set for High-Stakes Clash Against DR Congo After Narrow Playoff Victory
South-South APC Elects New Leaders, Pledges Support for Tinubu
Nwofor Battles Floods On NTA-Ozuoba Road Drainage Project
Police Investigate Killing of Popular Port Harcourt Event Planner
President Tinubu Promises Better Electricity for Nigerians
APC Elects New Leaders at National Convention

Leave a Reply

Your email address will not be published. Required fields are marked *