Section 25 — Accounts and audit

(1) The Service shall keep proper accounts and records, and such accounts shall, not later than six months after the end of each year, be audited by auditors appointed by the Board from the list and in accordance with the guidelines supplied by the Auditor-General for the Federation.

(2) The Service shall, through the relevant committee, submit to the National Assembly, quarterly and annual reports on its activities, performance, and financial statements.

(3) The reports specified in subsection (2) of this section shall include the detailed account of revenue collection, expenditure, policy implementation progress, and compliance with national fiscal objectives, and such other details as the National Assembly may require.