• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 24, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Obaseki Left N200bn Contractual Debts – Umakhihe

by Patrick Ochoga
8 months ago
in News
Obaseki
Share on WhatsAppShare on FacebookShare on XTelegram

The immediate-past administration of Governor Godwin Obaseki left the new administration of Governor Monday Okpebholo with a considerable debt burden of about N200 billion, being outstanding commitments to contractors who were only given mobilisation fees.

Advertisement

The chairman of the Assets Verification Committee, which was constituted to investigate some activities of the previous administration, Dr Ernest Afolabi-Umakhihe, made this known during a press conference in Benin City, Edo State.

He noted that the Okpebholo administration cannot deny the Edo people the opportunity of good road networks, especially during this dry season. Hence, the government must act quickly to approve some ongoing road projects.

“There are substantial outstanding commitments concerning road infrastructure. No matter how indecent some of our findings are, the government has to explore the dry season to make an appreciable intervention in road construction.

“Most of the ongoing projects were awarded during the year 2024, and that leaves the new government with a huge burden amounting to about N200 billion being outstanding commitments to contractors who were only given mobilisation, which in some cases were paid back to government officials as disclosed by some contractors”, he said.

RELATED

NPFL: Insurance Urged To Maintain Unbeaten Run Against Kwara United

NPFL: Nasarawa United Unveil New Kits For 2025/26 Season

38 minutes ago
Bayelsa Govt Seeks Public Support For Transport Reforms

Bayelsa Govt Alerts On Rising Health Risks

43 minutes ago
ADVERTISEMENT

The Chairman said the award of significant contracts violated the Edo State Public Procurement Law, leading to several dubious variations of contract sums. He added that, in some cases, the variations were higher than the initial contract sum.

“The transaction on the Radisson Hotel project leaves so much to be desired. Whilst the State Government initiated the project by sourcing over N17.5b from the Stock Market and an initial payment of N2 billion for the acquisition of land, it is noted that just before the exit of the immediate past administration, the ownership had changed, leaving Edo State, the core investor with 20% ownership.

“The Museum of West Africa Arts—MOWAA is an independent private trust on government land. The Ministry of Arts, Culture, and Tourism has minimal project supervision. To date, Edo State has no equity stake in MOWAA, even though the State contributed N3.8 b.

ADVERTISEMENT

“EDSG is committing to paying over N5b for a cyber security software license for the EdoGov platform for just three years from 2023 to 2025. Out of this sum, N1.7b has already been paid by the immediate past government. These are just some of the snippets of what we have unravelled.

“By the 6th January 2025 when we return, we will be looking at other critical sectors of the State: the housing sector, education (SUBEB and EDOBEST), Ministry of Environment, College of Health Sciences and Technology, College of Nursing Sciences, Ministry of Health, all Agricultural projects including grants from donor agencies, Edo Oil Palm Project, EDSOGPADEC, MOWAA, Edo Electrification Agency, sale of shares in BUA Cement, the Modular Refinery among others”, he disclosed.

 

 

 

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Godwin Obaseki
SendShare10170Tweet6357Share
ADVERTISEMENT
Previous Post

Industrial Court To Give Judgement Over 4,449 Police Promotion Next Year

Next Post

ANA Abuja Launches Maiden Publication, Awards Bisi Fayemi, Prof Udenta, Others

Patrick Ochoga

Patrick Ochoga

You May Like

NPFL: Insurance Urged To Maintain Unbeaten Run Against Kwara United
News

NPFL: Nasarawa United Unveil New Kits For 2025/26 Season

2025/08/24
Bayelsa Govt Seeks Public Support For Transport Reforms
News

Bayelsa Govt Alerts On Rising Health Risks

2025/08/24
Abia Think Tank Calls For Govt Accountability, Inclusivity
News

Abia Govt Approves 2 Hilux Vans For NDLEA

2025/08/24
APC Chieftain Cries Out Over Army Invasion Of Property
News

Akwa Ibom APC Debunks Rumour On Senate President

2025/08/24
Oketola’s ‘The Catalyst’ Takes Centre Stage At Book Reading In Yenogoa
News

Oketola’s ‘The Catalyst’ Takes Centre Stage At Book Reading In Yenogoa

2025/08/24
ADC Confirms Okoroma As Imo Chairman
News

ADC Confirms Okoroma As Imo Chairman

2025/08/24
Leadership Conference advertisement

LATEST

Every Esther Needs A Mordecai

Cricket: South Africa Recall Trio For England T20 Series

Visible Out Of The Invisible

Cyprus Club Akritas Chlorakas Signs Nigerian Defender Izuchukwu Anthony

We Supported Rufai, Chuckwu’s Families, NFF Replies Taribo

NPFL: Nasarawa United Unveil New Kits For 2025/26 Season

NPFL: ‘Abia Warriors Are Ready For New Season’ – Amapakabo

Nigeria’s Adama Makes History, Clinches Silver Medal At World Junior Swimming Championships

Tottenham Shock Man City To Maintain Winning Start

Past Experiences Raise Concerns Over Timely Delivery of Tinubu’s Gifts to Falcons, D’Tigress

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.