Finance Ministry speaks on alleged N13b contract breach

The Federal Ministry of Finance has reacted to an alleged breach of a N13 billion contract.

This was contained in a press release issued by Mohammed Manga, the Director of Info and Public Relations on the Ministry, on Monday.

Manga mentioned the ministry’s consideration was drawn to a web based report alleging that N13 billion in contracts have been awarded with out due course of between February and June 2024.

In line with the report, the contracts included the Presidential Initiative on Compressed Pure Gasoline (Pi CNG) and different ongoing initiatives.

Manga clarified that each one contracts have been awarded in keeping with the Public Procurement Act and different related legal guidelines and laws.

He described the allegations of corruption or irregularities as completely baseless and with out benefit.

“The ministry, beneath the management of Mr Wale Edun and Mrs Lydia Shehu Jafiya, stays dedicated to transparency and accountability in its operations,” he mentioned.

This dedication, he mentioned, is mirrored within the efficient administration of the nationwide economic system.

Manga acknowledged the essential position of the media in selling transparency, accountability, and good governance.

He, nonetheless, urged the media to confirm all data earlier than publication and warned that authorized motion can be taken towards false or malicious claims.

“The ministry unequivocally states that no contracts have been awarded with out due course of at any time,” he mentioned.

He added that the allegations are unfounded and malicious, geared toward damaging the ministry’s popularity and distracting from its financial restoration efforts.

He mentioned the ministry’s work aligns with the Renewed Hope Agenda of President Bola Tinubu’s administration.