Get the free weekly contract digest
The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.
New new contracts, summarized for you
No login, no app to check — it comes to you
See who's moving and how much in your market
Nigeria’s AuGF uncovers N197.72bn contract fraud in CBN, REA, NBET, other MDAs
Contract Type
contract
NigeriaGovernmentDescription
The Office of Nigeria’s Auditor-General of the Federation has uncovered irregular payment for contracts amounting to N197.72 billion in Rural Electrification Agency agencies, Nigerian Bulk Electricity Trading Plc, a subsidiary of Central Bank of Nigeria, the Nigerian Security Printing and Minting Company, and other ministries, departments, and agencies in the country. The violations include irregular payment for contracts, and payment for jobs partially executed or not executed at all, contravening the country’s financial regulations and procurement laws.