The House of Representatives on Monday directed the Accountant-General of the Federation, Shamseldeen Ogunjimi, to furnish the legislature with a detailed breakdown of the N2.4tn recently disbursed by the Federal Government to contractors handling projects nationwide.
The resolution followed confirmation by officials from the Office of the Accountant-General that disbursements totalling N2.4tn had already been released to various contractors executing projects for the Federal Government.
Lawmakers, however, raised concerns that the huge expenditure had not translated into visible results on the ground, warning contractors against the fraudulent practice of brandishing certificates of completion for projects that exist only on paper. The Deputy Speaker of the House and Chairman of the Ad Hoc Committee on Budget Implementation, Benjamin Kalu, issued the warning after a heated session with leaders of the Association of Indigenous Contractors of Nigeria.