SAHARA REPORTERS EXCLUSIVE: Nigerian Ports Authority under suspended Usman inflated contracts, bought bags of rice at N65,000 each

SAHARA REPORTERS EXCLUSIVE: Nigerian Ports Authority under slikuspended Usman Inflated Contracts, Bought Bags Of Rice At N65,000 Each

Sahara Reporters

Also, the NPA awarded and paid N1,150,000 for 50 cartons of indomie at N23,000, when the market price was actually N4,000.

In the documents obtained by SaharaReporters, which are from the audit of the Budget Performance Report (BPR) for 2016 and 2018, the NPA is being investigated for various infractions including the “misapplication of public funds.”

One of the documents reads, “CSR contracts were characterised by massive contract inflation as it was found out that each contract was overpriced by an average of 200% of the contract sum. For example, market survey conducted in respect of contract awarded to Trans-Secure Limited for the supply of food items and other materials vide award Ref HQ/GM/PROC/CON/C.11/PTB/16/3/2 Of January 2, 2017, was awarded by the Authority for N19,467,000, while the contract cost arrived after the market survey was N6,520,500.

“Therefore, the contract was overpriced or inflated by about N12,945,500 which is about 200% of the supposed contract cost.”

President Muhammadu Buhari had on May 6 removed Usman as the Managing Director of the NPA for no stated reason, but at the heart of Usman’s suspension are infractions and expenses which allegedly did not follow the due process.

SaharaReporters had reported that some stakeholders in the Nigerian ports petitioned the Economic and Financial Crimes Commission and the Inspector-General of Police to investigate Usman over alleged disappearance of over N20 billion under her watch.

In a petition signed by the stakeholders, Comrades Olayiwole Oke, Charles Dike and Musa Yola, and obtained by SaharaReporters, the stakeholders had noted that a “mind-boggling N20 billion of NPA’s financial transactions between 2016 and 2018 could not be traced, documented, or explained.”

They had urged the agencies to carry out a detailed investigation of the NPA in their petition which they copied to the Office of the President among others.

This story first appeared in Sahara Reporters

More

Leave a Reply

Your email address will not be published. Required fields are marked *

SAHARA REPORTERS EXCLUSIVE: Nigerian Ports Authority under suspended Usman inflated contracts, bought bags of rice at N65,000 each

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.