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Anti-graft Agency Investigating N36tn 760 Road Projects

Ejike Ejike by Ejike Ejike
6 months ago
in News
Lagos Calabar Coastal Highway 1
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Federal Ministry of Works have launched a nationwide Special Tracking Exercise to audit 760 road projects valued at N36 trillion.

The initiative targets the physical verification and performance audit of 760 federal road projects with a combined contract value exceeding N36 Trillion, ICPC spokesperson, John Okor Odey said.

Our findings showed that the exercise, which commenced on November 14, 2025, mobilises joint teams of ICPC investigators, engineers from the Federal Ministry of Works, and independent professionals from bodies including the Nigerian Institute of Quantity Surveyors (NIQS).

These teams are deployed across all 36 states and the Federal Capital Territory (FCT) to conduct on-the-ground assessments.

The ICPC spokesperson said “this large-scale initiative was  designed to achieve several critical national objectives: to ensure sustainable, cost-effective infrastructure development and optimal use of public funds; investigate and deter fraudulent practices in the award of government contracts; monitor project execution rigorously, compel the completion of abandoned projects, and ensure adherence to contractual specifications and to recover public funds from projects found to be grossly inflated or where contractors have demonstrably failed to perform.”

The ongoing field work involves a detailed review of project sites, records, and deliverables.

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The ICPC said that following this phase, state-level reports will be consolidated into a comprehensive national audit report. The findings will highlight compliance levels, identify irregularities, and form the basis for determined enforcement actions by relevant authorities against any implicated individuals or entities.

The commission also added that “Tracking 760 projects of this magnitude underscores our resolve to partner with government institutions in closing leakages, promoting accountability, and ensuring that public projects translate into tangible public good.”

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Ejike Ejike

Ejike Ejike

Ejike Ejike is a Senior Reporter with Leadership Newspaper with over 12 years of experience, specialising in crime, transport, security, and maritime reporting. He is recognised for in-depth analysis that goes beyond surface-level coverage, with a commitment to accuracy and factual reporting that has established him as an authority across his beats.

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