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    92-year-old Biya re-elected after 43 years in power

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  • Welcome
  • Special reports
    • All
    • Unedited for the record
    BREAKING: Innovation minister Nnaji resigns amid academic record crisis

    BREAKING: Tinubu declares emergency on security, approves state police

    Italian Prime Minister says violence against Christians unacceptable, urge Nigeria govt to take actions

    Italian Prime Minister says violence against Christians unacceptable, urge Nigeria govt to take actions

    Trump issues fresh warning to Nigerian govt, insists extremists committing genocide against Christians

    Trump issues fresh warning to Nigerian govt, insists extremists committing genocide against Christians

    Terrorists kidnap dozen of students in Niger Catholic school attack

    Terrorists attacks disrupts education in Nigeria’s North as Taraba orders schools to close hostels

    Abia House of Assembly write Tinubu, demand Nnamdi Kanu’s unconditional release

    Abia House of Assembly write Tinubu, demand Nnamdi Kanu’s unconditional release

    Terrorists captures serving military general, kills several soldiers in Borno midnight ambush

    Terrorists captures serving military general, kills several soldiers in Borno midnight ambush

  • Metro News
    Resident doctors suspends strike, issues fresh four weeks ultimatum

    JUST IN: FCT resident doctors suspends strike

    FCTA begins crackdown on  1,095 abuja properties over non-payment of statutory charges

    FCTA begins crackdown on 1,095 abuja properties over non-payment of statutory charges

    NCDMB partners renaissance, first E&P, to launch Nigerian engineering olympiad

    NCDMB partners renaissance, first E&P, to launch Nigerian engineering olympiad

    FCTA distributes 5000 cylinders to formally end use of charcoal, firewood for cooking

    FCTA distributes 5000 cylinders to formally end use of charcoal, firewood for cooking

    Wike issues final grace period for FCT land use defaulters

    Wike issues final grace period for FCT land use defaulters

    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

    Indefinite strike: FCTA has met 90% of resident doctors’ demands- official

  • Latest News
    • All
    • Crime watch
    BREAKING: 16 Rivers Assembly lawmakers defect from PDP to APC

    BREAKING: 16 Rivers Assembly lawmakers defect from PDP to APC

    Works minister writes EFCC, ICPC to investigate road projects

    Works minister writes EFCC, ICPC to investigate road projects

    Edo gov names new CPS

    Edo gov names new CPS

    Benue won’t be part of any security arrangement with the north -Ex-PDP secretary

    Benue won’t be part of any security arrangement with the north -Ex-PDP secretary

    Appeal court declares VIO operations illegal, says it lack powers to stop, confiscate vehicle and impose fine

    Appeal court declares VIO operations illegal, says it lack powers to stop, confiscate vehicle and impose fine

    JUST IN: Nigeria’s Vice President arrives Owerri for Imo economic summit

    JUST IN: Nigeria’s Vice President arrives Owerri for Imo economic summit

    Trending Tags

  • Infotech
    Cyber attack disrupts European airports

    Cyber attack disrupts European airports

    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

    FG begins construction of emerging technologies Institute in Kano

    FG begins construction of emerging technologies Institute in Kano

  • World conflict & diplomacy
    Trump issues fresh warning to Nigerian govt, insists extremists committing genocide against Christians

    Trump orders complete closure of Venezuelan airspace

    Trump bars South Africa from 2026 G20,  Ramaphosa vows to attend

    Trump bars South Africa from 2026 G20, Ramaphosa vows to attend

    Ukraine seals  deal to buy 100 French fighter jets

    Ukraine seals deal to buy 100 French fighter jets

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    Trump slams  $15bn lawsuit against NYT over Epstein reports

    Trump orders Pentagon to start testing nuclear weapons

    Israel confirms release of hostages in Gaza to begin early on Monday

    Israel confirms release of hostages in Gaza to begin early on Monday

  • Africa
    Military seizes  power in Guinea-Bissau

    Military seizes power in Guinea-Bissau

    Terrorists kidnap dozen of students in Niger Catholic school attack

    Terrorists attacks disrupts education in Nigeria’s North as Taraba orders schools to close hostels

    TikTok to honour African creators, artistes, trendsetters in Johannesburg

    TikTok to honour African creators, artistes, trendsetters in Johannesburg

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    US War Secretary express readiness to attack Nigeria over killings and persecution of Christians in Nigeria

    92-year-old Biya re-elected after 43 years in power

    92-year-old Biya re-elected after 43 years in power

    Four dies in Cameroon opposition protests ahead of election results

    Four dies in Cameroon opposition protests ahead of election results

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Home Corruption

Edo assets verification committee uncovers N200 billion road contract debt

Daily Intel Newspaper by Daily Intel Newspaper
December 19, 2024
Edo assets verification committee uncovers N200 billion road contract debt

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The Edo Assets Verification Committee said it uncovered some irregularities in award of contracts, including a N200 billion road contract debt owed by the immediate past administration of Godwin Obaseki.

Chairman of the committee, Ernest Umakhihe, said on Thursday in Benin City that some contractors even returned mobilisation fees to government officials, which were not properly documented.

The committee also queried poor supervision of projects by ministries, departments, and agencies.

Mr Umakhihe, however, urged the current administration to leverage the dry season to construct roads, particularly projects hurriedly awarded during the September 2024 election period.

“As the committee closed for the year, we felt the need to brief the public on key discoveries. There are huge outstanding commitments in respect of road infrastructure. No matter how indecent some of our findings are, the government has to explore the dry season to make an appreciable intervention in road construction. Significant breaches of the Edo State Public Procurement Law were uncovered, including dubious contract variations that exceeded initial contract sums. In some cases, the variations were higher than the initial contract sum. The transaction on the Radisson Hotel project leaves so much to be desired. The Radisson Hotel project was another area of concern, with ownership changes reducing Edo State’s equity to 20 per cent despite government N17.5 billion investment and an initial payment of N2 billion for acquisition of land. The state government must reclaim its primary position as the core investor in the Radisson Hotel,” Mr Umakhihe stated.

The committee chairman explained that opaque operations of agencies such as the Edo State Oil Palm Project Office were also discovered, with huge expenditures funnelled through consultants.

He stated that the Museum of West African Arts (MOWAA) was found to be an independent trust on government land, with Edo State contributing N3.8 billion but holding no equity in the project.

He revealed that ICT projects were riddled with irregularities, including a N5 billion payment commitment for cybersecurity software, of which N1.7 billion had already been expended.

Mr Umakhihe promised a comprehensive final report in 2025, with detailed findings across other sectors, including education, health, and agriculture.

He said, “We are committed to ensuring that the new government has accurate data to make informed decisions.”

NAN

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