CSO Drags Kwara Government, Contractors to EFCC Over N17.8bn Kwara Hotel Renovation

IMG 4627

The Civil Society Organization, operating under the aegis of Elites Network for Sustainable Development (ENetSuD), has dragged the Kwara State Government and the Contractors associated with the Kwara Hotel contract to the Economic and Financial Crimes Commission (EFCC). The petition, signed by its Coordinator (Alagbonsi Abdullateef), was submitted today 15th April 2024 to the EFCC.

According to a statement made available to The Accurate News Nigeria by the Director of Investigation and Public Petition (Kwara Central) of the organization, Comrade Gambari Volvo said ENetSuD built its petition on seven (7) key justifications, which include abrupt discontinuation of a previous contract award process, disregard for a company with cheaper contract sum, same project description for both companies, market value of Kwara hotel, both companies being self-funder of the project, mechanisms to recover the invested funds, and the project completion periods.

Also Read:  Alleged N2.9b fraud: Court Remands Okorocha

e6b55c9b 1797 44e2 b571 92943245ab1f

In the 3-point prayers of ENetSuD to the EFCC, the organization requested the EFCC to conduct a thorough investigation on the following issues: (i) The compliance of the KWSG with the procurement law of the State concerning the Kwara Hotel’s contracting process, which is shrouded in secrecy; (ii) The economic benefit of spending a sum of ₦ 17,832,568,698.01 to renovate a hotel valued at ₦ 3,950,000,000 in October 2017 and ₦ 5,427,400,000 in July 2022; and (iii) The genuine and public interest-driven motivation of the KWSG, if any, to disregard a company that offered to execute the project under concession model with about 3 billion naira and abruptly switch to another company that is now executing the project at a contract sum of ₦ 17,832,568,698.01.

Also Read:  Police Confirm Arrest Of Four Varsity Students For Allegedly Beating Colleague To Death In Kwara
Accurate News Nigeria chat

Ilorin Cult Clash: Police Confirm Arrest of 46 Suspects

Previous article

Nigeria’s Inflation Rate Hits 33.20% Despite Naira Rebound

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News