An investigation has been launched into allegations of fraudulent practices in the payment of contractors by officials of the Federal Ministries of Finance and the Accountant-General’s Office over the past three years. The House of Representatives has tasked its Committee on Finance with identifying the perpetrators, recommending appropriate sanctions, and reporting back within four weeks for further legislative action. The motion to initiate this probe was put forward by Rep Paul Nnamchi, Prof Julius Ihonvbere, and Aminu Sani Jaji, highlighting the urgency of addressing corrupt practices within the payment system.
Concerns Over Corrupt Practices
Prof Ihonvbere, speaking on behalf of the sponsors, expressed grave concerns over reports of contractors being coerced into offering kickbacks or facing unjustified deductions from their payments. He emphasized that such corrupt practices could result in the abandonment of critical infrastructure projects, loss of jobs, and economic hardship, directly contradicting the economic recovery efforts of the present administration. The unrestrained continuation of these practices not only discourages credible investors but also undermines faith in the government’s commitment to transparency and accountability.
The potential consequences of failing to address these allegations are significant, with Ihonvbere warning that contractors may lose confidence in engaging with the government. This could lead to a slowdown in economic development and the failure of infrastructure projects across the country. Urging an urgent and decisive response, he cited Section 88(1) and (2) empowering the National Assembly to investigate any matter related to the administration of laws within its legislative competence.
Call for Government Action
In response to the motion, the House adopted a resolution urging the Federal Government to strengthen internal controls and impose strict penalties on officials found guilty of corrupt practices within the payment system. Additionally, the establishment of a transparent and accountable digital payment system was recommended to eliminate discretionary human interference in contractor payments. Such a system would ensure timely disbursement and compliance with due process, enhancing overall transparency and efficiency in the payment process.
The importance of addressing these allegations promptly and effectively cannot be overstated. Failing to take action risks not only the credibility of government engagements but also the overall economic progress and development of the nation. By investigating and holding accountable those responsible for fraudulent practices, the government can demonstrate its commitment to upholding transparency, accountability, and the rule of law. The outcome of this investigation and subsequent actions taken will have far-reaching implications for the future of infrastructure projects and economic growth in the country.
