Shell Energy Entrepreneurs banner Yudala banner
Railway contractors ordered to refund N25bn

By News Express on 22/04/2016

Share on facebook Yahoo mail icon Gmail icon

Views: 1,160


Construction Companies involved in the N1 trillion railway project executed between 2010 and 2014 are to refund N25 billion to the nation’s coffers.

The Auditor General of the Federation disclosed this to the ad hoc committee probing the one trillion naira railway project executed between 2010 and 2014.

At the resumed sitting of the committee on Thursday, the management of the Nigerian Railways Corporation (NRC) disputed claims by the Office of the Auditor General of the Federation that that the corporation failed to respond to queries issued it over the now controversial project.

This followed the augmentation of the signalling contract of the Port Harcourt-Makurdi rail project from an initial contract sum of N5 billion to N10.3 billion.

But the lawmakers were in for a further shock as the office of the Auditor General claimed not to know if construction companies indicted by its audit report had refunded stipulated funds totalling N25 billion.

The lawmakers could not hide their displeasure as they sought further clarifications

Also at the public hearing, a retired official of the NRC, Abdulrahman Aboki-Adam, accused the Board of the Corporation of discarding the report of a committee set up to dig into the grey areas surrounding some of the projects.

The committee is to continue its investigative hearing as it takes on the stakeholders involved in the project. (TVC)

Source News Express

Posted 22/04/2016 05:50:06 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
Editor jailed for 5,000 YEARS over libel laments...

Nude photo scandal: Prophet forced to undress in...

ITRealms editor-in-chief, others honoured with NCS presidential award...

Cross River super-highway may attract UN sanction: Expert...

NUC to shut down Benue Varsity Law Faculty...

Supreme Court judgment not only for PDP’s benefit...

200 reported dead at North Korean nuclear test...

SSANU, NASU set to begin indefinite strike

Jigawa Governor faces impeachment

We’ll move Nigeria forward as quickly as possible...

Union kicks against conversion of Alvan Ikoku, 3...

BREAKING NEWS: UI shut over students’ protest

 

Latest News Breaking: Court grants bail to Journalist Tim Elombah Promotion galore in NSCDC, Federal Fire Service, Immigration and Prisons: 12,588 officers benefit 8 Libya returnees die in auto crash Ohanaeze writes off Osinbajo committee on herdsmen, farmers’ clashes 6 telecoms operators may lose licences Fake herbalist defrauds man of N190m to cure diabetes Refuse takes over Owerri, adjoining communities Why we’re yet to screen Buhari’s nominees for CBN Board — Senate Committee Amazon opens store with no cashiers, lines or registers Ondo State confirms 24 cases of Lassa fever Borno PDP youth leader dismisses reports on demolition of party secretariat Dickson bags AIT Award for transparency

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (316,602 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (307,252 views) Shameless Genevieve Nnaji exposes breasts in public (245,747 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (201,909 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (190,520 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (180,015 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (156,136 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (140,563 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (136,412 views) Lagos plane crash: Journalist releases victims’ names (124,899 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (122,270 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (119,213 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (33) Business (2,858) Business Verdict (32) Columnists (792) Complaints & Requests (94) Enterprise & Opportunities (201) Entertainment (431) Features (541) Global Business Monitor (222) International (1,754) Interviews (139) Live Commentary (28) Love Matters (100) News (32,115) Opinion (869) Pidgin (10) Politics (4,370) Religion (667) Sports (1,410) Stock Watch (26) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!