Audit Title: INFORMATION TECHNOLOGY Department Inspection Report

Cut-off Date: 2025-04-09

Period Covered: 2025-04-01 – 2025-04-09

Overall Rating: High

Overall Risk Impact: Unsatisfactory

Responsible Officer: Abdulmalik

High	Unsatisfactory: : Represents critical control weaknesses requiring prompt mitigation action. None or insignificant adequate compensating controls to mitigate risk exposure, given the impact of a risk, should it occur. Regulatory non-compliances involving penalties are also included in this category. Issues in this category have significant financial impact. Overall residual risk is High.
Medium	Room for Improvement: : Represents moderate control weaknesses requiring short – mid-term Management focus to strengthen existing controls. Some compensating controls are present, but additional controls are necessary to further mitigate risk exposure. Issues in this category has moderate financial impact. Overall residual risk is Medium.
Low	Satisfactory: Represents minor control weaknesses requiring management focus to enhance existing controls and the impact of risk is also minimal. Compensating controls might not be present to mitigate exposure but opportunities exist to enhance controls or improve operating efficiency. Issues in this category has insignificant financial impact. Overall residual risk is Low.

#	Weakness	Root Cause	Agreed Corrective Action	Target Date	Risk Class
1	The checkpoint didnt exist.	We failed at this checkpoint	we will fix this checkpoint	Aug 2025	High
2	the checkpoint also didnt work.			Sep 2025	Medium

#	Risk	Total Exceptions	Resolved	Outstanding
1	N/A	25	0	25

Inspectors:

Review Dates: 2025-04-01 – 2025-04-09

Previous Inspectors: NIL

Previous Period: NIL

Dayo Damilola Festus

TL, Internal Audit and Control

Oyebowale Nojeem Oladejo

Head, Internal Audit and Control

Internal Memo