The Independent Corrupt Practices and Other Related Offences Commission (ICPC) identified 176 Ministries, Departments, and Agencies (MDAs) with poorly performed projects totaling ₦219.84 billion.
The Commission’s Chairman, Senior Advocate of Nigeria Dr Musa Adamu Aliyu, stated that it accomplished this feat through the Constituency and Executive Project Tracking Initiative (CEPTI), which was established in 2019 as a powerful tool against corruption in government projects as well as to track funds released for constituency projects by public officials.
At a news conference in Lagos, Aliyu stated that the effort aims to ensure that government monies are allocated towards meaningful projects that help Nigeria’s most vulnerable citizens.
He also stated that the 2024 Phase 6 exercise, which commenced in November 2023, and ran through the first quarter of 2024, focused on critical sectors like education, agriculture, healthcare, and infrastructure, spanning 26 states and the FCT across all 6 Geo-political Zones, and that the exercise is still ongoing.
He highlighted the findings from the Phase 6 Tracking exercise, stating that a total of 1,721 government-funded projects were tracked within the Phase 6 tracking cycle, and that the commission is conducting further investigations on some infractions discovered.
The ICPC Chairman also said appropriations for all tracked projects was ₦220bn and the contracts value of all projects tracked was ₦285bn.
“The value of projects on which contractors returned to sites is ₦30bn; cash recoveries made so far is ₦163m; recoveries made in assets so far is ₦513.3m; recoveries made so far (cash and assets) is ₦676m.”
He said the cumulative savings to the government was ₦30bn and the number of contractors/companies involved in the tracked projects was 1,355.