TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Alleged N42bn Railway fraud: Former SGF, 2 ex-PDP chairmen fingered

The Citizen by The Citizen
November 9 2015
in Headlines, Latest News, Uncategorized
A A
0

Memoranda from various stakeholders have started pouring in before the House of Representatives Ad-hoc Committee set up to investigate contract awards for the Rehabilitation of   Railway tracks and the procurement of Coaches and Locomotives between 2010-2014.  “Nigerians would be shocked at the level of massive frauds committed by highly placed government functionaries when the findings of this committee are made public,” a source close to the committee told Vanguard, yesterday.

According to the source, already, many good spirited members of the public have submitted detailed momeranda on how a few government functionaries literally stole several billions of Naira under the guise of rehabilitating the nation’s Railway network.

Sources said that a former Secretary to the Government of the Federation, SGF and two former National Chairmen of the Peoples Democratic Party, PDP, who held very key positions on the Board of the NRC were said to have been fingered as having taken decisions that were less than in public interest in the rehabilitation project.

It was learnt that while it would be difficult for top management of the corporation and the Federal Ministry of Transport to claim ignorance in what went wrong some of them who were not involved have come forward to volunteer information on how much of the infractions were carried out. It was learnt that there were cases were coaches and locomotives procured were way far from specifications for which public funds were paid and that in some cases, payments which had already been made through the regular budgetary provisions were repeated through the SURE-P window.

As learnt the worse method through which those involved fleeced the nation was complete refusal to do jobs after collecting money for them. Consequently, out of a total contract sum of N79.337 billion for various segments of the rehabilitation, N42. 086 billion had allegedly been paid to the contractors but with very little work done.

The Abuja-Kaduna $ 841 million Rail Line being funded partly through the a $500 million loan from the China Exim Bank, has also suffered several completion date setbacks. It was alleged that of the total contract sum   of N19,963,752,330.20 for the 463 km Port Harcourt – Makurdi Rail Track Rehabilitation, N9,611,076,218.01has been paid.   It was claimed that no appreciable work has been done on the sector.

The Lagos to Jebba track rehabilitation project was awarded at a total contract sum of N12,293,390,000.00   out of which N 1l ,699,999,218.00, has been allegedly been paid. Jebba to Kano track rehabilitation project had a total contract sum of N12,169,237,337 with payments so far made put at N 10,337,023, 111.69 without any appreciable work done.

Zaria to Kaura track rehabilitation project with a total contract sum of N3 ,206,241 ,650 and payment ofN1, 147,471,038.00 paid. Procurement rehabilitation of wagons, coaches and locomotives (narrow gauge) were projected at a total sum ofN6,502,914,067.00 with N4,071,008,628.64 so far paid, all to no avail.

The track rehabilitation consultancy fee was N 1,482,100.000.00 with payment made so far put at N718,205,192.00. Kuru to Maiduguri track rehabilitation project was awarded at N23, 720,359 ,034.00 with payment made so far being N6,499,618,120.55. The legislators are concerned that with the Billions of funds sunk to upgrade the Railways Transport System, there was too little to show for it as the Locomotives and Coaches running on the nation’s tracks are still a relic of Modern Railway Transport. Vanguard

Previous Post

Taraba Tribunal: PDP lost to impunity, says APC

Next Post

Inauguration: Buhari limits ministers’ guests to two

Related Posts

Killings: Army orders GOC to relocate to Kwara
Headlines

COAS appoints GOCs for new Army divisions

July 29 2026
2027: INEC voids primaries held after May 30
Latest News

INEC dismisses reports of revised 2027 campaign timetable

July 29 2026
ADC revises primary election timetable, nomination fees
Headlines

Appeal Court reverses order deregistering ADC, four others

July 28 2026
Dangote to donate one-third of wealth to charity
Human Interest

Dangote to donate one-third of wealth to charity

July 28 2026
Insecurity: It’s sad our children now pawn in deadly ransom economy – Peter Obi
Headlines

2027: Tinubu should retire, Nigeria needs fresh leadership — Peter Obi

July 27 2026
Gunmen reportedly attack immigration office in Ogbomoso, cart away firearms
Latest News

Bandits abduct Kebbi High Court judge

July 27 2026
Next Post

Inauguration: Buhari limits ministers’ guests to two

…As Nigerian wins world Scrabble championship

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

Cross River Igbo community alleges illegal taxation, seeks government intervention

Cross River Igbo community alleges illegal taxation, seeks government intervention

by The Editor
July 27 2026
0

...

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

APPOINTMENTS

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

by The Editor
July 3 2026
0

...

ODDITIES

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

GLOBAL NEWS

Nigerian visa applicants must provide five-year social media history, says US embassy

US to discontinue visa services in Abuja, 24 other African cities

by The Editor
July 29 2026
0

...

US orders embassy staff to leave Nigeria over insecurity

US warns Nigerians with dual citizenship against travelling on foreign passport

by The Editor
July 26 2026
0

...

Republican senators mount drive to oppose Biden certification

Insecurity: Instead of addressing persecution, Nigeria launched PR campaign – Ted Cruz

by The Editor
July 23 2026
0

...

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

by The Editor
July 21 2026
0

...

US Congress okays bill to cut foreign aid to Nigeria

US Congress okays bill to cut foreign aid to Nigeria

by The Editor
July 17 2026
0

...

State of the States

Lagos to introduce special vehicle number plates for PWDs

Lagos to introduce special vehicle number plates for PWDs

by The Editor
July 29 2026
0

...

Enugu governor approves recruitment of 6,580 teachers, school staff

Enugu governor approves recruitment of 6,580 teachers, school staff

by The Editor
July 29 2026
0

...

Anambra sanctions seven schools over graduation parties

Anambra sanctions seven schools over graduation parties

by The Editor
July 27 2026
0

...

Abia takes delivery of 20 more electric buses, to expand route network

Abia takes delivery of 20 more electric buses, to expand route network

by The Editor
July 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe

Police fail to produce phantom agency DG before Reps, seek court orderwarrant

July 29 2026
Of bandits and their informants/sponsors

Sokoto: Terrorists gun down worshippers inside mosque, abduct residents

July 29 2026
Gov. Otti approves payment of Ngozi Nwosu’s medical bills

Gov. Otti approves payment of Ngozi Nwosu’s medical bills

July 29 2026
Killings: Army orders GOC to relocate to Kwara

COAS appoints GOCs for new Army divisions

July 29 2026

EDITORIAL REVIEW

Nigeria’s inflation rate hits 26.72% in Sept

There’s no escaping inflation, yet – Punch

by The Editor
July 29 2026
0

Nigeria’s inflation rate rises to 21.09%

Africa’s hunger burden – Punch

by The Editor
July 27 2026
0

Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

by The Editor
July 23 2026
0

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

State airports: White elephant epidemic – Punch

State airports: White elephant epidemic – Punch

by The Editor
July 17 2026
0

Opinion

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.