OBJ’s 86 billion naira railway project: Where is it?
June 25th, 2008 | Published in Governance, Nigeria | 2 Comments
The government of Chief Olusegun Obasanjo spent N86.29 billion on the moribund railway project, it has been revealed, according to Tribune news paper.
The Auditor-General of the Federation (AGF), Mr. Robert Ejevami, said on Tuesday in Abuja that there were discrepancies in the N86.29 billion railway modernisation project, adding that while it was awarded for $250 million, $175 million was paid into the company’s foreign account while the balance of $75 million was paid into its Nigerian account.
The AGF made the revelations while appearing at the public hearing into the management of funds allocated to the Transport and Works Ministries between 1999 and 2007.
June 30th, 2008 at 8:15 pm (#)
Okay, it’s been a long day. I have been up since 4 am but I know I didn’t hallucinate. I did read that N86 billion was spent on a railway project right?
Hhmm, no comment, for now.
July 1st, 2008 at 3:55 am (#)
Why is my Muse surprised? Aren’t we talking of our dear NIGERIA (or should I say ANJIRIYA)?. Peace and no hallucinations.