National

257 Projects Worth N20bn Duplicated In 2021 Budget, ICPC Reveals

Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Bolaji Owasanoye has disclosed that 257 projects amounting to N20.138 billion were duplicated in the 2021 budget.

This was disclosed by the ICPC chairman while speaking at the third national summit on diminishing corruption in the public service with the theme “Corruption and the Cost of Governance: New Imperatives for Fiscal Transparency”.

Owasanote said the commission of 1083 projects across the country with the exception of Borno and Zamfara owing to security challenges.

He said during the exercise, the ICPC forced 67 contractors back to site and ensured completion of 966 projects worth N310 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,” Owasanoye said.

“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.

“Other challenges relate to duplication of projects in the budget. ICPC review found that 257 projects amounting to N20.138bn were duplicated in the 2021 budget leading us to submit an advisory to the Honourable minister of finance which was promptly actioned by the minister to prevent abuse.”

Do you have any information you wish to share with us? Do you want us to cover your event or programme? For Adverts or report call/WhatsApp us on +2348072633727

VAM News

Recent Posts

Political parties get INEC’s access code Monday

THE Independent National Electoral Commission (INEC) has shifted the date for the release of the…

8 hours ago

NYFF Delegates Showcase Youth-led SDG at 6th African Youth Summit in Ghana

News Update It was an inspiring moment at the just concluded 6th African Youth SDGs…

9 hours ago

APC Chieftain Writes Governor Aiyedatiwa Over Marginalization, Imposition in Ilara Mokin Ward 1

A top All Progressives Congress, APC, chieftain in Ifedore Local Government has petitioned the Ondo…

23 hours ago

NDC Vice Chairman, Assembly ‘Candidate’, Others Defect to APC

THE Nigeria Democratic Congress (NDC) in Bayelsa State has lost key members of the party…

1 day ago

Osun Councils Boost Security as ALGON Shares Remaining Operational Vehicles To Army, Police, Others

News Update As part of effort to fulfilling their promises, the Osun State council executives…

1 day ago

INEC Reacts To Court Judgment On NDC, Reveals Next Step

News Update THE Independent National Electoral Commission, INEC, has said it is yet to receive…

1 day ago