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Thursday, July 13, 2017

Nigerian Senate set to probe TETFUND contractors that abscorn with Funds

The Senate, during plenary yesterday, has mandated its committee on Tertiary Institutions and TETFUND to investigate contracts awarded by TETFUND to unravel number of contractors who absconded after collecting money.  

The probe followed a motion by Senator Jibrin Barau (APC, Kano) on the need for an investigative audit of contracts awarded and paid for by TETFUND.

“Conscious of the existing deficits in the infrastructural needs of all tertiary institutions in the country, and the allegations that some contractors that were awarded contracts by TETFUND have absconded with monies given to them, there is need to look into it”.

To this effect, the Senate mandated its committee on Tertiary Institutions and TETFUND to investigate the issue and report back its findings for further legislative actions. A check on TETFUND's website clearly shows that there are indeed project dotted all over the Nigeria's tertiary education landscape, but most of these project are never completed with the stipulated time and this can mostly be attributed to contractor irresponsibility.

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