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Home»News»ICPC Monitors ₦610 Billion In 1,500 Government Projects
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ICPC Monitors ₦610 Billion In 1,500 Government Projects

Moyosore RokosuBy Moyosore RokosuNovember 20, 2024No Comments2 Mins Read
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has initiated compliance monitoring for 1,500 government projects valued at ₦610 billion to ensure proper implementation and adherence to contract terms.

This program focusses on accountability and transparency in government expenditure and is a component of Phase 7 of the “Constituency and Executive Project Tracking Exercise.”

The commission , in a statement on November 19, 2024, highlights that the tracking covers critical sectors, including education, health, agriculture, water resources, and power. This phase operates across 22 states within the six geopolitical zones and targets projects supervised by federal agencies such as:

  • North-East Development Commission (NEDC)
  • Niger Delta Development Commission (NDDC)
  • Universal Basic Education Commission (UBEC)
  • Rural Electrification Agency (REA)
  • Tertiary Education Trust Fund (TETFUND)
  • National Primary Health Care Development Authority (NPHCDA)
  • Ecological Fund Office

The Commission emphasizes that the initiative ensures due process and maximizes value for money. “The objective is to deepen compliance with contract terms, improve transparency, and guarantee project benefits for local communities,” the ICPC states.

Previous Tracking Success

In Phase 6, the ICPC monitored 1,900 projects worth ₦500 billion across 24 states. These efforts covered 1,355 contractors and 176 Ministries, Departments, and Agencies (MDAs), resulting in improved oversight and accountability in government-funded projects.

Reinforced Legal Authority

The ICPC’s tracking efforts align with its legal mandate, recently reaffirmed by the Supreme Court. A landmark ruling confirms the ICPC’s authority to investigate and prosecute financial crimes across Nigeria.

Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, reports that between January 2 and August 2, 2024, the ICPC filed 54 cases and secured 11 convictions, while the Economic and Financial Crimes Commission (EFCC) recorded 2,387 convictions within the same period.

The ICPC reaffirms its dedication to fighting corruption at all governmental levels, encouraging openness, and making sure public funds are used efficiently.

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Moyosore Rokosu
Moyosore Rokosu is a graduate of Mass Communication. She is a passionate writer and a social media savvy with a flair for writing.
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Moyosore Rokosu

Moyosore Rokosu is a graduate of Mass Communication. She is a passionate writer and a social media savvy with a flair for writing.

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