EXCLUSIVE: Nigerian Ports Authority Under Suspended Usman Inflated Contracts, Bought Bags Of Rice At N65,000 Each

EXCLUSIVE: Nigerian Ports Authority Under Suspended Usman Inflated Contracts, Bought Bags Of Rice At N65,000 Each

More financial misappropriations have been uncovered under Hadiza Bala Usman, the suspended Managing Director of the Nigerian Ports Authority, as the budget audit report revealed that there was “massive contract inflation” of the Corporate Social Responsibility projects awarded between 2016 and 2018.

The audit report stated that one of the CSR projects estimated at N6 million was awarded for N19 million including the purchase of 50 bags of rice at N65,000 each when the market value was actually N18,000.



Also, the NPA awarded and paid N1,150,000 for 50 cartons of indomie at…

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