The College awarded a contract for the construction and asphalt finish of College road to a contractor at a sum of N23,792,621.00. Audit observed that the contractor was paid in full without relevant documents attached. The payments that were in four tranches were made on the same day as shown below:
a) 15% mobilization vide mandate No.1000341053 -1 at ₦3,212,003.84, net of tax
b) 45% of contract sum vide mandate No. 1000344136-2 for ₦9,636,011.50, net of tax.
c) 30% of contract sum vide mandate No.1000354245-2 for ₦6,424,007.67, net of tax.
d) Final payment vide mandate No.1000363863 -1 for ₦904,586.20, net of tax.
The Provost is required to account for the sum of N23,792,621.00 and paid back tothe Consolidated Revenue Fund of the Federal Government. In addition, sanctions in line withFR 3117 should apply.
N/A
N/A
Click to enlarge image
Seach for project by title, MDA, state, status, year…
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
Stay in the loop, get all project updates straight in your inbox.
