The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, has disclosed that the Agency has uncovered 257 duplicated projects worth N20.138 billion in the 2021 budget.
This was announced by the Professor while speaking at the 3rd National Summit on Diminishing Corruption in Public Sector, held at the State House Conference Hall in Abuja.
He pointed out that the Commission’s review of the 2021 budget resulted in the discovery of 257 projects amounting to ₦20.138 billion being duplicated in the budget.
According to him, “The exercise verified implementation of executive and zip projects of legislators. We have so far initiated enforcement actions against 67 contractors and forced them back to site and ensured completion of 966 projects worth ₦310 billion some of which were hitherto abandoned.
“Our findings indicate that the same malady of corruption afflicts executive as well as zip projects thus undermining government projections, escalating the cost of governance and denying Nigeria value for money. These maladies include poor needs assessment that disconnects projects from beneficiaries; false certification of uncompleted contracts as completed; deliberate underperformance of contracts; incessant criminal diversion and conversion of public property by civil servants, to name just a few.”
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi
The economic crisis and hardship in Nigeria are parts of the discussion.
Watch, leave your comments, and share to create more awareness on this issue.
#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com