MDA

Nigeria Export Processing Zones Authority

Project Location/State

Award Year

2019

Contract Sum

₦₦0.00

Amount Paid

₦₦14,600,000.00

Unaccounted

₦₦2,400,000.00

Context/Observation

i.The sum of N 14,600,000.00 was paid to a Solicitors & Advocates for a four bedroom all ensuite duplex apartment with room self-contain boys’ quarter at No. 5 Iwuanya Ugborgor off Durosimi Etti, Lekki Phase 1, Lagos for an office accommodation;
ii.The letter from the Solicitors & Advocates dated 21 October, 2019 demanded for a two-year rent at N6,000,000.00 annually. This is against Section 4 (3) of the Lagos Tenancy Law 2020 which states “It shall be unlawful for a landlord or his agent to demand or receive from a new or would be tenant rent in excess of one (1) year in respect of any premises.
iii.NEPZA paid the two years upfront amounting to N12,000,000.00 as against Section 4 (4) of the Lagos Tenancy Law 2020 which states “It shall be unlawful for a new or would be tenant to offer or pay rent in excess of one (1) year in respect of any premises.
iv. The Solicitors being the landlord agent equally demanded for 10% legal fee and 10% agency fee all amounting to N2,400,000.00 which NEPZA equally paid for. This contravenes section 11 of the Lagos Tenancy Law 2020 which states “From the commencement of a tenancy it shall be the duty of the party who engages the services of a professional in respect of the tenancy agreement to pay the fees for such professional services.”

Contractor

N/A

Beneficial Ownership Information

N/A

Legislative Recommendation

The Managing Director is requested to:
I.Justify the payment of N12,000,000.00 years rent upfront to the Solicitors & Advocates
II.Recover the sum of N2,400,000.00 from the Solicitors & Advocates, forwarding evidence of recovery to the Public Accounts Committees of the National Assembly for verification; and
III.Otherwise, sanctions relating to irregular or wrong payment in Financial Regulations 3106 will apply.

Executive Action

N/A

Progress Report

N/A

Data Source

2019 Non-Compliance Audit Report of the FG

Project Gallery

Click to enlarge image

No submitted petition history found

Want to submit petition to Anti-Corruption Agency on this issue?

Let our “VfM AI” tool help you generate a unique petition and send it instantly to your preferred Anti-Corruption Agency for investigation!

Use "Submit Petition" button below to proceed

Seach for project by title, MDA, state, status, year…

Trending projects

Report project
in your community today

Do you know of project(s) in your community that has been abandoned, not executed or poorly implemented. Our team is ready to help you track it and get government to act.

Value for Money allows you to track, report and act on audited development projects abandoned, not executed or poorly implemented in your community to ensure public funds are efficiently, effectively, and economically utilized to improve service delivery to you and other citizens in Nigeria

Contact

Newsletter

Stay in the loop, get all project updates straight in your inbox. 

© 2025 Value for Money. All right reserved.