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    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Fastrack state police legislation, Tinubu urge Senate

    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    Ex-NRC boss Fidet Okhiria remanded over alleged $385,000, N165.5m fraud

    JUST IN: Tinubu directs Civil Defence to take over the protection of VIPs, orders withdrawal of police personnel 

    How Tinubu’s administration paid billions of naira for the release of Niger State kidnapped schoolchildren

    Wike nullifies 485 R of O applications over fake allocation papers

    Wike nullifies 485 R of O applications over fake allocation papers

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

  • Metro News
    FCT suspends riders, drivers  levy over multiple taxation complaints

    FCT suspends riders, drivers levy over multiple taxation complaints

    Wike nullifies 485 R of O applications over fake allocation papers

    Wike nullifies 485 R of O applications over fake allocation papers

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

    Wike has met 10 out of 14 workers demands, says aide

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    Resident doctors suspends strike, issues fresh four weeks ultimatum

    JUST IN: FCT resident doctors suspends strike

  • Latest News
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    NSCDC commandant-general bows out of service

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    UK warns Iran against attacking interest in the middle east

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    NSCDC commandant-general bows out of service

    NSCDC commandant-general bows out of service

    Malami, son granted N200m bail in terrorism financing case

    Malami, son granted N200m bail in terrorism financing case

    US evacuates citizens from Israel as tension with Iran peaks

    US evacuates citizens from Israel as tension with Iran peaks

    Police confirm attack on Catholic Church in Cross River 

    Police confirm attack on Catholic Church in Cross River 

    Trending Tags

  • Infotech
    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Cyber attack disrupts European airports

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    NIMC partners online publishers to boost digital security through NIN enrollment

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

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    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

  • World conflict & diplomacy
    US evacuates citizens from Israel as tension with Iran peaks

    US evacuates citizens from Israel as tension with Iran peaks

    Former UK prime minister Blair, Witkoff, Rubio on the list of  Trump’s Gaza ‘Board of Peace ‘

    Former UK prime minister Blair, Witkoff, Rubio on the list of Trump’s Gaza ‘Board of Peace ‘

    US designates muslim brotherhood in Lebanon, Jordan and Egypt as terrorist groups

    US designates muslim brotherhood in Lebanon, Jordan and Egypt as terrorist groups

    Ukraine War: Trump backs new sanctions on Russia

    Ukraine War: Trump backs new sanctions on Russia

    US resumes surveillance of Sambisa forest after Sokoto airstrikes

    US resumes surveillance of Sambisa forest after Sokoto airstrikes

    UN says militia killed over 1,000 civilians in Sudan’s civil war

    UN says militia killed over 1,000 civilians in Sudan’s civil war

  • Africa
    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

    ‎Tinubu seeks National Assembly’s approval to extend 2025 budget to 2026

    Tinubu demands immediate release of South Sudan’s vice-president

    Violence, famine, disease fuelling rising death toll among children in Sudan-UN

    Violence, famine, disease fuelling rising death toll among children in Sudan-UN

    Nigeria reopens Benin Republic, Niger boarder with Kebbi

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    Christian genocide: US troops arrives Nigeria

    Christian genocide: US troops arrives Nigeria

    Aid cut pushes 1.2 million people in North-East deeper into hunger-WFP

    Aid cut pushes 1.2 million people in North-East deeper into hunger-WFP

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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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