Nigeria Seeks To Recover $618 Million From Contractors In Probe

Investigators say companies overbilled, failed to finish work Presidential panel found `total disregard’ for award process   A committee set up by Nigerian President Muhammadu Buhari to investigate the awarding of security contracts from 2011 to 2015 has found as much as 123 billion naira ($618 million) in fraudulent payments could be recovered, the government said.   The probe has […]

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Africa’s Richest Man Aliko Dangote Bids For Automaker Peugeot Nigeria

Aliko Dangote, Africa’s richest man, has made a bid for a majority stake in automaker Peugeot Automobile Nigeria (PAN) Limited.   Nasir El-Rufai, the Governor of Nigeria’s Kaduna state, told journalists on Thursday that Dangote is a key member of a consortium that has applied to acquire the majority stake in the company which is currently owned by Nigeria’s state-backed […]

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Nigeria’s ‘Eight-Year-Old Teachers’ Draw Salaries

Fortunately no young children have been found genuinely teaching classes Children as young as eight are being paid teaching salaries by the state as part of identity fraud in the north-eastern Nigerian state of Bauchi, officials have found. The scam, which involves drawing the salaries of non-existent civil servants, is widespread, a BBC correspondent in Nigeria says. But the government […]

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