NASENI defends N10.6bn mobilisation payment to firm
NASENI has denied reports of financial impropriety over a N10.6bn mobilisation payment to a contractor, stating it aligns with the Public Procurement Act. Read More: https://punchng.com/naseni-defends-n10-6bn-mobilisation-payment-to-firm/
The National Agency for Science and Engineering Infrastructure (NASENI) has refuted claims of impropriety in the N10.6 billion mobilisation payment made to CGC Nigeria Limited for the NASENI Campus project. The agency clarified that the payment, which represents 30% of the contract value, complies with the amended Public Procurement Act 2020 that raised the maximum allowable mobilisation fee from 15% to 30%.
The agency stated that CGC Nigeria Limited was awarded the contract after passing technical and financial scrutiny, and provided a bank guarantee as required. The NASENI emphasized that the payment adhered to all legal and procurement requirements and called on the media to verify claims before reporting.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
