The Federal Ministry of Finance has strongly denied reports alleging irregular contract awards totaling 13 billion between February and June 2024, describing the accusations as “unfounded, malicious, and a deliberate attempt to mislead the public.”
In a statement issued Monday, the Ministry reaffirmed its commitment to transparency, accountability, and strict adherence to procurement laws, especially in projects related to the Presidential Initiative on Compressed Natural Gas (Pi-CNG).
The allegations, circulated by an unnamed online media outlet, accused the Ministry — under the leadership of Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and Permanent Secretary Mrs. Lydia Shehu Jafiya — of sidestepping public procurement regulations in awarding the contracts.
In response, the Ministry declared that “all contracts awarded during the referenced period were executed in full compliance with the Public Procurement Act and relevant statutory guidelines.” The statement emphasized that proper due diligence, approvals, and procedures were strictly followed, especially for projects of national significance such as the Pi-CNG, which is central to the government’s transition to cleaner energy.
Director of Information and Public Relations at the Ministry, Mohammed Manga, who signed the statement, condemned the publication as an orchestrated effort to smear the integrity of key public officials at a time when the Ministry is driving sensitive economic...
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