Rehabilitation of Lagos Harbour Moles

Rehabilitation of Lagos Harbour Moles

Posted on
by Femi
  • Project Status: Poorly Executed

MDA

Nigeria Ports Authority (NPA)

Project Location/State

Undisclosed State

Award Year

N/A

Contract Sum

₦Undisclosed

Amount Paid

₦20bn

Unaccounted

₦3.4bn

Context/Observation

Contract was awarded for N16,583,136,001.00 and revised to N20,035,710,566.73 . This revision by N3,452,574,515.73 should be approved by the Federal Executive Council (FEC) and the extract made available for audit. In a letter from the Federal Ministry of Transport dated 20/12/11, the purported approval of FEC was conveyed. However, no such approval from FEC was produced for confirmation.

Contractor

N/A

Beneficial Ownership Information

N/A

Legislative Recommendation

N/A

Executive Action

N/A

Progress Report

N/A

Data Source

2015 Audit report of F.G

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