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Massive N197bn Contract Fraud Uncovered in MDAs by Auditor-General

A recent report by the Auditor-General of the Federation has uncovered financial irregularities totaling over N197.72 billion across various ministries, departments, and agencies (MDAs) in Nigeria.
The report, which highlights systemic lapses in financial compliance and procurement processes, focuses on activities between 2020 and 2021.
The findings are detailed in the Auditor-General’s Annual Report on Non-Compliance and Internal Control Weaknesses and aim to assist stakeholders, including the National Assembly’s Public Accounts Committees, in addressing the identified lapses and recovering lost funds.
One of the key revelations involves irregularities in the award of contracts amounting to N7.39 billion across 32 MDAs. These breaches contravened Paragraph 2921(i) of the Financial Regulations (2009), which mandates open competitive bidding for all procurement processes.
“The sum of N7,386,551,051.09 (seven billion, three hundred and eighty-six million, five hundred and fifty-one thousand, fifty-one naira, nine kobo) was the amount of irregularities in the award of contracts by 32 ministries, departments, and agencies,” the report stated.
The Rural Electrification Agency, Abuja, recorded the highest irregularity in this category, amounting to N2.12 billion, while the Nigerian Security Printing and Minting Company (NSPM) accounted for the lowest irregularity, at N11.72 million.
Another major finding was the payment of N167.59 billion for jobs or contracts that were either partially executed or not executed at all, violating Paragraph 708 of the Financial Regulations.
“The sum of N167,592,177,559.40 (one hundred and sixty-seven billion, five hundred and ninety-two million, one hundred and seventy-seven thousand, five hundred and fifty-nine naira, forty kobo) was the amount of payments for jobs/contracts not executed by 31 ministries, departments, and agencies,” the report noted.
The Nigerian Bulk Electricity Trading Plc, Abuja, accounted for the highest irregular payment at N100 billion, while the National Centre for Women Development recorded the least irregularity at N2.17 million.
Violations of due process in contract awards were also highlighted, totaling N20.33 billion across 24 MDAs. Section 16(21) of the Public Procurement Act (PPA) 2007 requires strict adherence to procurement plans and mandatory approvals before contract awards. However, the report found these requirements were often ignored.
“The sum of N20,334,104,016.27 (twenty billion, three hundred and thirty-four million, one hundred and four thousand, sixteen naira, twenty-seven kobo) was the amount of contracts awarded in violation of due process by 24 ministries, departments, and agencies,” it read.
The NSPM, Abuja, accounted for the highest amount of violations in this category, totaling N14.14 billion, while the Corporate Affairs Commission recorded the least, at N8.98 million.
Additionally, contracts worth N2.41 billion were awarded above approved financial thresholds without obtaining the required “Certificate of No Objection” from the Bureau of Public Procurement.
“The sum of N2,407,710,913.92 (two billion, four hundred and seven million, seven hundred and ten thousand, nine hundred and thirteen naira, ninety-two kobo) was the amount of contracts awarded above the threshold by five ministries, departments, and agencies,” the report added.
The Ahmadu Bello University Teaching Hospital, Zaria, recorded the highest amount of violations in this category at N1.06 billion, while the Federal Medical Centre, Bida, accounted for the least amount, at N9.9 million.
The report categorized these issues as “cross-cutting,” indicating systemic flaws across multiple MDAs. It criticized weak internal controls within the agencies and called for stricter enforcement of financial regulations to prevent future occurrences.
The revelations have raised concerns about the government’s ability to manage public funds efficiently, especially amid economic challenges such as inflation and rising debt.
In response to the report, the Centre for Anti-Corruption and Open Leadership (CACOL) has demanded a thorough investigation into alleged misappropriation of N4.64 billion by the Ministry of Works and Housing, under the leadership of Babatunde Fashola.
The Auditor-General’s report identified financial irregularities in the housing sector between 2020 and 2021, including payments made without proper documentation, extra-budgetary expenditures, mobilisation fees exceeding approved thresholds, and contracts awarded without following due process.
These findings underscore the urgent need for reforms to restore public confidence in Nigeria’s financial management system and ensure accountability for public funds.
News
Zamfara, Oracle Partner to Drive Digital Skills Development

The Zamfara State government has signed an agreement with Oracle to invest in youth development, workforce capacity building and the digital economy under Oracle University’s Skills Development Initiative (SDI).
The agreement was signed at Oracle’s Offices in London, United Kingdom, with Governor Dauda Lawal representing the Zamfara State government.
A statement on Wednesday by the Governor’s spokesperson, Sulaiman Bala Idris, explained that the development will foster collaboration between the Zamfara Information and Technology Development Agency (ZITDA) and Oracle.
Secretary to the State Government, two Special Advisers and the Executive Secretary of ZITDA were also present at the event, along with Siobhan Wilson, Oracle UK Country Leader and Senior Vice President, EMEA.
The statement said, “Zamfara State government has signed a strategic agreement with Oracle to drive digital skills development across the state.
“Facilitated through the Zamfara Information Technology Development Agency, the collaboration will use the expertise and learning services of both Oracle Academy and Oracle University in their digital transformation efforts.
“The collaboration signifies a commitment to education and a strategic investment in the future of Zamfara’s youth, workforce and digital economy.
“Oracle Academy, Oracle’s global philanthropic educational programme offers a robust portfolio of technology education teaching and learning resources, including curriculum and software access, to educators and students worldwide.
“With the support of the Zamfara Information Technology Development Agency, these resources will be made available to validate higher education institutions across Zamfara.
“ZITDA will help lead efforts to integrate Oracle Academy offerings into Zamfara’s higher education curriculum, equipping educators with the tools and resources they need to guide students in learning hands-on tech skills and toward Oracle’s professional certifications and foster a new generation of tech-savvy leaders.
“In addition, Oracle University’s Skills Development Initiative, a global programme that provides access to world-class learning and certification programmes at no cost to eligible learners, will further expand opportunities for learners in Zamfara.
“Through a co-branded Learning Portal in collaboration with ZITDA, Oracle University plans to provide free access to digital learning paths and foundational certifications for eligible participants across Zamfara. This includes curated learning journeys offering over 200 hours of professional-level training in high-demand areas such as Cloud, AI, Data Science and APEX development.”
In his remarks at the ceremony, Governor Dauda Lawal restated that the collaboration with Oracle is part of his administration’s commitment to transforming Zamfara into a hub of innovation, education, and digital excellence.
He said, “on behalf of the government and the good people of Zamfara State, I extend my deepest appreciation to Oracle for believing in our vision and for partnering with us on this transformative journey.
“What we are doing today goes beyond technology, it is about giving hope, creating opportunities and unlocking the future. By investing in digital education and innovation, we are offering real alternatives to poverty, to joblessness and to despair. I sincerely thank Oracle for standing with us, believing in the power of partnership, purpose, and shared dreams.
“Today, we are not just signing a document, we are making a promise, promise that every child in Zamfara will have a fair chance to dream, to learn, and to succeed. A promise that technology will be our bridge to a stronger, more inclusive economy. And, a promise that Zamfara will not merely participate in the digital revolution, we will lead it.”
News
Power Ministry, NAEC Partner to Unlock Nuclear Energy Potential

The Minister of Power, Chief Adebayo Adelabu has expressed willingness to collaborate with Nigeria Atomic Energy Commission, NAEC, to facilitate the establishment of nuclear power plants in the country.
With power generation averaging 5,000 Megawatts for a population of over 230 million people, Chief Adelabu described nuclear energy as the energy of the future for Nigeria.
The Minister stated this in Abuja when the Acting Chairman of the Commission, Engr. Anthony Ekedewa, visited him.
A statement by the Ministry said the collaboration would boost power generation and stabilise the power sector as part of the reforms being undertaken in the sector.
As an advanced level of power generation, the Minister said the country would benefit significantly from a nuclear power plant especially, with the technology that will come in as it will make power generation less cumbersome.
He said the participation of the commission in the power sector was long overdue and promised to work with the agency.
Adelabu however advised against the proposed establishment of four power plants with capacity to generate 1200 MW each, by the Commission, explaining that modular nuclear reactor is the way to go especially with the way the government has decentralised the sector.
“This is an area that States can benefit from. A lot of investment has gone into the development of the commission over the years and Nigeria should start reaping from the investment”.
According to him, although the process is tedious and costly, the outcome is more beneficial to the country adding that nuclear power plant is an advanced stage of energy generation.
“I wish we are there already in this country, but we are not there yet. We should however ask ourselves, how much of the conventional source of energy have we exploited? Nuclear power plant tends to be at the lower end of concern over the years, but we have to understand that nuclear energy is the future of energy generation”, he added.
Earlier, Ekedawa briefed the Minister on the activities of the commission, which he said was established in 1976, by former President Olusegun Obasanjo as a military head of state.
He said, as a renewable energy, nuclear energy could power the entire country. He said the Commission is proposing the establishment of nuclear power plants with the capacity to generate about 1200MW.
“We want to work and partner with you in the area of power generation. We can be a base load for the country and we have two possible sites, Geregu in Kogi State and Idu in Akwa Ibom State. We have carried out the feasibility studies. This collaboration is part of our energy policy, but we are however limited by resources to undertake this project”, Ekedewa said.
News
Experts Urge Adoption of Digital Tools to Strengthen Nigeria’s Compliance Culture

At a recent high-level workshop organized by the Senate Committee on Legislative Compliance which brought together lawmakers, regulators, and leaders from Ministries, Departments, and Agencies (MDAs) to address Nigeria’s persistent challenges in regulatory adherence and governance, stakeholders have highlighted the urgent need for digital innovation to tackle deep-rooted compliance gaps and foster a culture of accountability across public institutions.
The two-day event, which held at the NAF Conference Centre in Abuja, themed “Consolidating Strategies for Strengthening Legislative Compliance by MDAs,” featured leading industry experts from EFCC, NBA, Ministry of Finance and key players in Nigeria’s financial sector, including fintech firms, championed the deployment of digital tools as essential for improving transparency and enforcing legislative resolutions.
In his opening remarks, the Senate President, represented by Senator Osita Izunaso emphasized that compliance is “fundamental to democratic governance, adding that it was not optional,” underscoring the Senate’s renewed commitment to robust enforcement and institutional reform.
Furthermore, he cited the constitutional provisions that granted legislative powers for lawmaking generally and to make laws for “peace, order and good government”. The workshop also highlighted, with a wide array of statistics, the high cost of non-compliance; root causes of non-compliance while attempting to proffer solutions.
Amidst calls for systemic reforms, Okechukwu Eke, General Counsel at Moniepoint Inc., delivered a keynote presentation focused on the responsibilities of fintechs in consumer protection and financial literacy.
Eke highlighted Moniepoint’s commitment to building a compliance culture that goes beyond mere formalities to drive genuine impact. “At Moniepoint, we believe innovation in financial services must go hand-in-hand with strong consumer protection and legal responsibility,” Eke stated.
He stressed the unique position of fintechs, which often serve vulnerable populations with low financial literacy, making robust consumer protection paramount. “Misuse or misunderstanding of products can cause significant financial harm,” Eke noted, adding that “legal compliance builds essential trust in digital financial services.”
The presentation outlined key legal responsibilities for fintechs, including transparency, data privacy, fair marketing, effective grievance handling, and responsible lending.
Other contributions advocated for leveraging technology to embed compliance more effectively. Suggestions arising from the workshop, supported by Moniepoint’s perspective, included empowering legislative oversight committees with real-time monitoring dashboards linked to MDAs and implementing Digital Compliance Tracking Systems.
These tools, it was argued, would allow for continuous monitoring and reporting, moving away from periodic checks towards a more dynamic and effective compliance regime.
The push for digital solutions aligns with Moniepoint’s drive to ensure that the rapid innovation characteristic of the fintech sector is matched by equally advanced methods for ensuring regulatory adherence and protecting consumers.
The call for enhanced digital oversight complements other recommendations from the workshop, such as regular reviews of legal frameworks to match innovation and strengthened collaboration between regulators like the CBN, FCCPC, NDPC, EFCC, and the National Assembly.
The workshop concluded with a reinforced commitment from legislative leaders, including Committee Chairman, Senator Garba M. Maidoki and Vice-Chairman, Senator Ede Dafinone, to pursue collaborative and innovative solutions for Nigeria’s compliance challenges.
They both averred that leveraging technology and cross-sector collaboration is vital for closing compliance gaps, enhancing oversight, and ensuring that resolutions passed by the National Assembly are fully implemented for the benefit of all Nigerians.
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