The Edo Assets Verification Committee says it has uncovered some irregularities in award of contracts, including a N200 billion road contract debt owed by the immediate past administration of Godwin Obaseki.
Dr Ernest Umakhihe, Chairman of the committee, told journalists on Thursday in Benin that some contractors even returned mobilization fees to government officials, which were not properly documented.
The committee also queried poor supervision of projects by Ministries, Departments, and Agencies (MDAs).
Umakhihe, however, urged the current administration to leverage on the dry season to construct roads, particularly projects hurriedly awarded during the September 2024 election period.
“As the committee close for the year, we felt the need to brief the public on key discoveries. There are huge outstanding commitments in respect of 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.
“Significant breaches of the Edo State Public Procurement Law were uncovered, including dubious contract variations that exceeded initial contract sums.
“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.
“The Radisson Hotel project was another area of concern, with ownership changes reducing Edo State’s equity to 20 percent despite government N17.5 billion investment and an initial payment of N2billion for acquisition of land.
“The state government must reclaim its primary position as the core investor in the Radisson Hotel,” Umakhihe asserted.
The committee chairman explained that Opaque operations of agencies like the Edo State Oil Palm Project Office were also discovered, with huge expenditures funneled through consultants.
He stated that the Museum of West African Arts (MOWAA) was found to be an independent trust on government land, with Edo State contributing N3.8 billion but holding no equity in the project.
He revealed that ICT projects were riddled with irregularities, including a N5 billion payment commitment for cybersecurity software, of which N1.7 billion had already been expended.
Umakhihe promised a comprehensive final report in 2025, with detailed findings across other sectors, including education, health, and agriculture.
According to him, we are committed to ensuring that the new government has accurate data to make informed decisions.