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ENetSuD Seeks Probe Of Kwara Govt, Contractors For Spending Nearly N18Billion To Renovate Hotel Valued At N3.9Billion

ENetSuD Seeks Probe Of Kwara Govt, Contractors For Spending Nearly N18Billion To Renovate Hotel Valued At N3.9Billion
April 15, 2024

The group wrote the Economic and Financial Crimes Commission (EFCC).

The Elites Network for Sustainable Development (ENetSuD), an anti-corruption civil society organization based in Kwara State, has petitioned the Kwara State Government and the contractors associated with the Kwara Hotel contract.

 

The group wrote the Economic and Financial Crimes Commission (EFCC).

 

The petition, signed by its Coordinator Alagbonsi Abdullateef, was submitted on Monday, April 15, 2024 to the EFCC, Comrade Gambari Volvo, Director of Investigation and Public Petition (Kwara Central) and Elites Network for Sustainable Development (ENetSuD).

 

ENetSuD built its petition on seven (7) key justifications, which include abrupt discontinuation of a previous contract award process, disregard for a company with a 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.

 

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."

Topics
Corruption