Reps Uncover Fraud Of 169 Ghost Firms On N1trn Rail Contracts

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The House of Representatives Ad Hoc Committee on Failed Rail Contracts, on Wednesday, February 3, brought to light the scam of 169 ghost companies that registered as contractors with the Nigeria Railway Corporation, NRC, for projects worth up to N1 trillion.

The Chairman of the committee, Johnson Agbonnayinman, (Ikpoba/Okha federal constituency), who spoke on the need to invite the contractors, was however disappointed as none of them showed up.

According to him, only the China Civil Engineering Construction Corporation, CCECC, responded to the committee’s letter.

He said: “You are duty bound to produce the contractors. They are nowhere to be found; they are not faceless but yet they cannot be reached.

“You gave them the job, so you should produce them; we are holding you responsible.”

The corporation’s MD, Mr. Adeseyi Sijuwade, was urged by the committee to make available the agency’s record of Internally Generated Revenue, IGR, between 2010 and 2014, and was also asked to tell the committee what the IGR was used for.



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