•Minister of Finance and Coordinating Minister of the Economy, Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has directed Ministries, Departments, and Agencies to ensure they obtain warrants and Authority to Incur Expenditure before committing to any financial obligations or signing contracts. He...
•EU logo The European Union today banned Chinese firms from government medical device purchases worth more than five million euros ($5.8 million) in retaliation for limits Beijing places on access to its own market. The latest salvo in trade tensions between the 27-nation bloc and China covers a wide range of healthcare supplies, from surgical...
•Olisa Agbakoba, SAN A Senior Advocate of Nigeria, Dr Olisa Agbakoba, has said the provisions of the Petroleum Industry Act were designed for money and contract sharing and not the country’s development. He also challenged politicians and other stakeholders to highlight one successful commercialised or privatised government entity in Nigeria. ...
•Emefiele The trial of the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, continued yesterday with a banker, Mrs Ifeoma Ogbonaya, telling the court that the ex-CBN helmsman abused his office by awarding CBN contracts to his personal firms. Emefiele is standing trial, alongside one Henry Omoile, before Justice Rahman O...
•Umahi The federal government has threatened to terminate the contracts of Julius Berger and China Civil Engineering Construction Corporation (CCECC) over the handling of the Calabar-Itu Road project. Minister of Works, David Umahi gave the two construction companies one week to remobilise to site or face termination of their contracts, report...
•Godwin Emefiele Michael Agboro, a prosecution witness in the trial of former governor of the Central Bank of Nigeria, Godwin Emefiele, has admitted before Justice Hamza Muazu of the Federal Capital Territory High Court, that transactions and award of contracts between the CBN, April 1616, and Archtekon, went through due process. He also said ...
The Federal Road Maintenance Agency (FERMA) in Kano has lamented over how some unqualified contractors get contracts worth millions of naira. Acting Federal Road Maintenance Engineer in the State, Ali Abdu, lamented over this when he appeared before the House Committee on FERMA, on Tuesday. He briefed the lawmakers on the activities of the age...
The Economic and Financial Crimes Commission has asked the Presidency, the Federal Judicial Commission, and other Ministries, Departments and Agencies, to submit their anti-corruption strategies, as part of the agency’s efforts to stop the abuse of contracts. All the MDAs have until March 1 to submit their strategies to the anti-graft agency, ...

