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ICPC forces 326 contractors to complete abandoned projects, recovers N34bn
The Independent Corrupt Practices Commission (ICPC) has forced 326 contractors to complete abandoned projects and has recovered N34 billion.
Minister of Information and Culture, Lai Mohammed made the disclosure during a press conference in Abuja, Nigeria’s capital.
“ICPC has played a pivotal role in bringing about structural changes in the operations of the government, especially regarding improvements in MDAs budget utilization, better value for money, improved project completion, service delivery and higher level of anti-corruption awareness,” he said during a scorecard of Buhari administration’s efforts to fight corruption.
“Recall, gentlemen, that the Commission established the Constituency and Executive Projects Tracking Initiative in 2019 to ensure value for money for the Nigerian people and full execution of projects.
Minister of Information and Culture, Lai Mohammed
He added that, “Between 2019 and 2021, ICPC traced 2,000 projects worth over N300 billion.
“During the same period, 326 contractors of abandoned projects across the six geo-political zones were forced by the Commission to return to site to complete projects worth N32.183 billion.
“Also, the ICPC’s Assets Tracing, Recovery and Management (ATRM) project led to the recovery of cash totalling N34.346 billion and US$1.62 million between 2019 and 2021.
“Also, the Commission’s System Study and Review of personnel and capital votes of MDAs resulted in savings of N261 billion to the government between 2019 and 2021.
“ICPC has also secured 66 convictions from the 243 cases it filed in court during the same three-year period.
