LAGOS HOS URGES INTERNAL AUDITORS TO EMBRACE DIGITAL TRANSFORMATION AT 17TH
ANNUAL RETREAT
The Lagos State Head of Service, Mr. Bode Agoro, has emphasised the need for internal auditors to adapt to the digital age by acquiring skills in data analytics, cybersecurity, and digital transformation.
Speaking at the opening session of the 17th Annual Retreat for Internal Auditors held at Dover Hotel, Ikeja, on Thursday, Mr. Agoro noted that technological advancements are reshaping the auditing profession.
He stressed that auditors must go beyond traditional financial reviews and evolve into strategic advisors within government processes.
“Auditors who wish to remain relevant must be equipped to analyze vast amounts of data, identify trends, and assess risks associated with digital transformation,” Agoro stated.
He commended the Office of Internal Audit for selecting the theme: “Internal Audit in the Digital Age,” noting that it reflects the ongoing shift towards technology-driven governance.
A member of the Lagos State House of Assembly representing Alimosho Constituency II, Hon. Kehinde Joseph, in his goodwill message, lauded the initiative of the retreat, emphasising that participants would gain valuable knowledge essential for government efficiency, transparency, and accountability.
He reiterated the crucial role auditors play in ensuring sound financial management, stressing that transparency and accountability are fundamental to effective governance.
The lawmaker urged auditors to uphold integrity – the core principle of the auditing profession – and to discharge their duties with professionalism and a commitment to ethical standards.
In her welcome address, the Permanent Secretary, Office of Internal Audit, Mrs. Kikelomo Arinola Dawodu, underscored the importance of embracing digital advancements in the auditing profession.
“As digital transformation accelerates, internal auditors must continuously learn, innovate, and integrate new technologies to remain relevant and effective,” she noted.
She encouraged participants to engage actively, network, and explore transformative solutions that would shape the future of internal auditing in Lagos State and beyond.
“As the eyes of governance, we carry the responsibility of upholding integrity and ensuring fiscal discipline. Let us use this gathering to learn, network, and explore transformative solutions,” she urged.
One of the facilitators at the retreat, Dr. Adedeji Awobotu, FCA, mni, also the Chief Executive of ADRAC Professional Services Consulting, emphasised that by embracing innovation, internal auditors in the public sector can strenathen aovernance. mitiaate financial One of the facilitators at the retreat, Dr. Adedeji Awobotu, FCA, mni, also the Chief Executive of ADRAC Professional Services Consulting, emphasised that by embracing innovation, internal auditors in the public sector can strengthen governance, mitigate financial risks, and enhance public trust in government operations.
Speaking on the topic: “The Digital Age: Challenges and Opportunities for Internal Auditors in the Public Sector,” Dr. Awobotu highlighted the rapid evolution of technology as one of the primary challenges in the auditing profession. He pointed out that emerging risks such as cybersecurity threats, data breaches, and fraud require auditors to enhance their technical skills.
“As governments increasingly adopt digital systems for financial transactions, record-keeping, and service delivery, auditors must be equipped to assess risks associated with artificial intelligence, blockchain, and big data analytics,” he stated.
A participant at the retreat and Deputy Director of Audit in the Office of Infrastructure, Mr. Taiwo Adekunle, expressed optimism that the auditors will gain valuable insights from the retreat to enhance their professional duties.
He commended the focus on digitization, emphasising that auditors must keep pace with emerging trends to remain relevant in their field.
The retreat featured expert-led sessions on the latest auditing trends, equipping participants with skills to navigate complex digital systems and contribute meaningfully to Lagos State’s financial oversight and decision-making processes