A security source who confided in our correspondent said that an unspecified number of people were killed in Michika with several sensitive public facilities burnt.
An unconfirmed report claimed that nine people were killed in the attack.
Some of the residents told the News Agency of Nigeria on phone on Thursday that the attackers arrived the town around 9pm to unleash the mayhem for about five hours.
"They burnt three banks, police station, shops and part of the Michika Local Government Council secretariat.
"They came in nine Toyota Hilux vans firing guns and throwing explosives," a resident who simply identify himself as Fide said.
It was further learnt that several people were injured in the attacks while efforts were on to get more of the injured and those killed from the nearby bushes.
The scores of suspected Boko Haram Islamists who carried out the attack were armed with grenade launchers and explosives.
Residents in Michika, said people fled to the nearby foothills when the attackers dressed in military uniforms stormed the town in four-wheeled drive trucks and motorcycles.
"One of the dead body is that of a staff of Bank of Agriculture," Fide said.
It was also gathered that the attackers raided Kirchinga, Kubla and Shuwa villages on their way to Michika.
"They burnt places of worship and the house of a former commissioner Idris Nuhu in Shuwa village," said a resident, Mr Sule Idris.
Meanwhile, President Goodluck Jonathan on Thursday promised that his government would spare no resources in ensuring that those behind the Tuesday gruesome killing of schoolchildren in the Federal Government College, Buni Yadi in Yobe State are brought to book.
Jonathan made the vow in his keynote address at the international conference tagged "Human Security, Peace and Defelopment: Agenda for 21st Century Africa", held in Abuja as part of activities marking the nation's centenary.The President described the barbaric act as "unNigerian and unAfrican."
He described the activities of the Boko Haram Islamists as condemnable acts of terror.
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