News
Nigeria loses over $200bn to corruption, procurement irregularities — McArthur Foundation
The MacArthur Foundation has said that a staggering sum of over $200 billion is estimated to have been lost in Nigeria between 1970 and 2008 due to widespread corruption and procurement irregularities.
According to the Foundation, the massive financial haemorrhage occurred through various channels, including inflated contracts, dubious asset disposals, and outright theft of resources, reports The Guardian.
Deputy Director for Nigeria at the MacArthur Foundation, Amina Salihu, made the revelation in Abuja yesterday at a high-level town hall meeting to commemorate the 2024 International Anti-Corruption Day.
The Guardian reports that the meeting, aimed at addressing systemic challenges in Nigeria’s public procurement processes, was organized by Accountability Lab Nigeria in partnership with the Public and Private Development Centre (PPDC) and the United Nations Office on Drugs and Crime (UNODC), with support from the John D. and Catherine T. MacArthur Foundation.
The event, themed “Tackling Procurement Fraud and Its Far-Reaching Consequences: A Collective Responsibility,” brought together government officials, civil society organisations, private sector representatives, and international development partners.
Salihu underscored the importance of ensuring transparency, competition, and integrity in the country’s procurement processes.
She said, “So it seems our work is never going to be done because that is a potential area where we can meet the needs of citizens. It is also the potential area where our country, and also our continent, is haemorrhaging our lifeblood because these resources actually are life’s work, and it’s our lifeblood.
“And you know, whenever you look up these things, you get all kinds of different statistics that trouble you. Between 1970 and 2008, over $200 billion was lost in Nigeria through procurement, through inflated contracts, through asset disposals that are not very straightforward, through resources that have been hidden under the table.”
She stressed the need for effective regulation and oversight to prevent corruption and ensure that resources are allocated efficiently.
She also acknowledged the importance of collaboration between government, civil society, and the private sector to promote transparency and accountability.
According to her, corruption in Nigeria’s procurement process has severe consequences, including the diversion of resources meant for essential public services.
On his part, the Country Director of Accountability Lab, Friday Odeh, lamented that Nigeria’s public service is plagued by a significant lack of accountability.
He noted that this accountability gap has led to rampant abuse of procurement processes and blatant misuse of public resources, resulting in substantial financial and temporal losses for the country.
He said the absence of accountability enables corruption, allowing public officials to exploit resources for personal gain rather than serving the nation’s best interests.
“Currently, public procurement processes are carried out without transparency, such as unpublished procurement information, which leaves citizens in the dark about how decisions are made and deprives them of the chance to track the progress of projects,” he said.
The UNODC Representative, Maximilian Menhard, said the International Anti-Corruption Day offers a crucial opportunity to raise awareness about procurement fraud, commit to integrity in public procurements, and agree on relevant follow-up actions.
He said: “Corruption In public procurement has profoundly negative impacts on government spending, undermining market competition, and impeding economic and sustainable development. It leads to governments paying inflated prices, often resulting in substandard goods and services, a lack of accountability, and an erosion of public trust.
“A procurement system lacking transparency, competition, and integrity is fertile ground for corrupt behaviour, and while implementing a public procurement system based on these principles can be challenging.”
Lucy Abagi, CEO of the Public and Private Development Centre (PPDC), revealed that a recent report by her organisation exposed significant transparency gaps in Nigeria’s public procurement processes.
The report found that over 56% of Freedom of Information (FOI) requests for procurement information went unresponded to, highlighting the challenges citizens face in accessing such data.
She said this lack of transparency undermines accountability and trust in government, enabling corruption and inefficiency to persist.
News
Kalu Leads House Delegation to Ogun for Condolence Visit
…eulogizes late Onanuga, ex-speaker Bankole’s mother
By Gloria Ikibah
Deputy Speaker of the House of Representatives, Rep. Benjamin Okezie Kalu, CON, has described the late Deputy Chief Whip, Rt. Hon. Adewunmi Oriyomi Onanuga, as an irreplaceable parliamentarian known for her vocal nature and friendly disposition.
Leading a delegation on behalf of the Speaker, Rep. Tajudeen Abbas, Kalu visited Sagamu, Ogun State, on a condolence mission to the late Onanuga’s family.
Addressing the bereaved, he praised her dedication and influence, noting her unique presence in plenary sessions and unwavering support for her colleagues.
Kalu consoled her mother, Chief Mrs. Comfort Folashade Etutu, and her children, urging them to trust in God for comfort and strength. He assured the family of the House’s continued support and prayed against further untimely deaths in the household.
Earlier, Kalu led the delegation to Abeokuta for the fidau prayers of the late Mrs. Monsurat Atinuke Bankole, mother of former House Speaker Rt. Hon. Dimeji Bankole.
He lauded her sacrifices, which contributed to the success of her children, including the former Speaker’s contributions to the National Assembly.
News
N800bn Inadequate for Nigeria’s Road Projects, Minister Umahi Tell Lawmakers
By Gloria Ikibah
The Minister of Works, Dave Umahi, has described the N800 billion allocated to his ministry in the proposed 2025 budget as grossly insufficient to address Nigeria’s growing road infrastructure needs.
Umahi stated this during the 2025 budget defence session held on Friday by the House Committee on Works, chaired by Rep. Akin Alabi.
Speaking candidly, Umahi called for an upward review of the ministry’s budgetary allocation, stressing that the current figure would barely make a dent in the nation’s road development agenda.
“We plead with you to help us. N800 billion cannot do anything for us. It cannot address our road needs, and so we plead with you to help us,” the Minister told the lawmakers.
Umahi who emphasised the importance of adequate funding to complete ongoing projects and initiate critical new ones across the country, also stressed that borrowing was a necessary step to bridge the infrastructure gap and stimulate economic growth.
The Minister underscored the potential economic impact of infrastructure development, stating that it would create jobs and boost local economies.
“When the nation is in recession, you have to borrow money and invest in infrastructure. That is how you emerge from a recession. Infrastructure is a catalyst for economic activities, and this hunger we talk about will become a thing of the past,” he explained.
“Food sellers, sand suppliers, gravel workers, and others will benefit. Support Mr. President, and let’s borrow money to build infrastructure so Nigeria can be great again,” he added.
In response, Chairman of the Committee, assured Umahi that the committee would summon the Minister of Finance and the Head of the Budget Office to clarify the rationale behind the ministry’s limited allocation.
The session also provided an opportunity for the Minister to address lawmakers’ concerns about the state of roads nationwide, with assurances that the government remains committed to completing ongoing projects.
News
NASS Joint Committee Suspends Fire Service Budget Over Irregularities
By Gloria Ikibah
The National Assembly Joint Committee on Interior has suspended the budget defence of the Federal Fire Service (FFS) following significant discrepancies in the agency’s 2024 budget performance and 2025 proposal.
At a hearing chaired by Senator Adams Oshiomhole and his counterpart from the House, Chaired by Abdullahi Aliyu Ahmed, lawmakers flagged irregularities, including contradictory figures and inadequate documentation.
The committee uncovered discrepancies in the procurement of firefighting trucks, with similar units priced at N1.5 billion in one instance and N2.5 billion in another, despite being from the same supplier and of identical specifications.
The FFS Controller General, Jaji Abdulganiyu Idris, attributed the difference to variations in tanker sizes but failed to provide adequate supporting documentation.
Senator Oshiomhole criticized the inconsistencies, stating, “This reeks of over-padding or over-invoicing. Your written submission does not align with your explanation, and we cannot overlook this.”
Lawmakers also raised concerns about unclear contract commitments and an outstanding payment of N603 billion for ongoing projects, which lacked proper specifications.
Oshiomhole emphasized fiscal responsibility, saying, “Every N10 wasted by MDAs adds up. Our duty is to ensure that every naira benefits Nigerians, especially the poor.”
The committee further queried the FFS over unverified revenue remittances. Idris presented manual receipts as evidence, but the lawmakers rejected them, demanding proper bank statements and confirmation from the Accountant-General’s office.
As a result, the committee stepped down the FFS budget defence, instructing the agency to rectify its submission. Oshiomhole warned, “Submit a revised presentation with accurate figures, or risk zero allocation in 2025.”
The decision underscores the lawmakers’ commitment to accountability and efficient use of public funds, urging the FFS to address the issues promptly to secure its funding.
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