EFCC reveals 1 factor responsible for uncompleted projects in Nigeria

EFCC reveals 1 factor responsible for uncompleted projects in Nigeria

- The EFCC has vowed to deal with any government official collecting kick-backs from contractors

- The agency's acting chairman, Ibrahim Magu, said that the payment of kick-backs is responsible for uncompleted projects in Nigeria

- Magu, however, noted that the anti-graft agency would not allow the trend to continue

The Economic and Financial Crimes Commission (EFCC) has revealed why there are some uncompleted projects across the country.

Daily Trusts reports that the anti-graft agency said the payment of kick-backs by contractors is partly responsible for some uncompleted projects in the country.

Legit.ng gathered that while speaking during the government contract dispute resolution workshop held on Tuesday, May 7, in Abuja, the acting chairman of EFCC, Ibrahim Magu, said payment of kick-backs, which is a situation where contract is awarded, and a percentage of the sum is requested from the contractors, is a major problem that cannot be allowed to continue.

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Represented by Enakeno Oju, Magu told participants at the workshop, which was organised by the dispute resolution centre of the Abuja Chamber of Commerce and Industry (ACCI) that sometimes, the amount of money that is received after paying the requested percentage by the contractor is not enough to carry out the project assigned.

“There are cases where contract sums are inflated. There have also been cases of projects not implemented at all. We can no longer continue along this line! These are clear examples of corruption in the contract system which must be flushed out of our country," he said.

The president of the ACCI, Prince Adetokunbo Kayode, said the dispute resolution centre of the chamber was established to enable parties involved in public contracts have an additional option for resolution of commercial disputes through Alternative Dispute Resolution (ADR) mechanism.

He said: “Mediation, conciliation, arbitration and all forms of ADR have been accepted as the appropriate means of resolution of government contract dispute.”

Meanwhile, Legit.ng had previously reported that the EFCC on Monday, May 6, denied claims that it is carrying out a probe on the president of the Senate, Bukola Saraki.

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It was reported that Tony Orilade, the acting spokesman of the EFCC in Abuja, said that the anti-graft agency is not undertaking any investigation on Saraki's regime when he was the governor of Kwara state (2003 to 2011).

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Source: Legit

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