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I Wasn’t A Minister When N9.3bn Payment Was Made To Microfinance Bank — Umahi

Minister of Works, David Umahi, says the project that led to the disbursement of N9.3bn to a Microfinance Bank by the ministry of Works was not awarded when he assumed office.

Recall that Tracka, BudgIT’s service delivery promotion platform, had exposed how the Federal Ministry of Works paid N9.3bn to FIMS Microfinance Bank Ltd in violation of the 2007 procurement law.

The release of the funds for 62 projects was made between June and December 2023.

Tracka stated that some of these projects include “the payment of N1.4bn in September 2023 for the construction of Yaba-Yangoje Road in the Federal Capital Territory; N1.2bn in October 2023 for the rehabilitation of a 2km road from Oriawo-boroboro-oke-medina School of Science Road in Atiba, Oyo state; N1.2bn in October 2023 for the rehabilitation of Kosobo-awe Junction Road in Oyo East LGA in Oyo state and N1.2bn between August and November 2023 for the rehabilitation of Ejule-otukpo road in Benue State to mention a few.”