News
Officials Of Ministry Of Niger Delta Affairs Illegally Sold 6 Vehicles Worth N90M For N2M, Months After Purchase

Officials Of Ministry Of Niger Delta Affairs officials indicted for selling 6 brand new vehicles worth N90M for just N2M.
The illegal disposal was done less than a year after the brand new vehicles were purchased.
THE Senate has indicted some officials of the Ministry of Niger Delta Affairs for disposing six brand new vehicles worth tens of thousands of Naira for a ridiculous sum of N2.1 million.
According to reports, the vehicles, which were purchased from JBS motors on June 23 and August 18, 2014, at total cost of N90 million, were illegally sold off less than one year after they were acquired.
The probe was carried out by the Senator Matthew Urhoghide(PDP, Edo South) led Senate Committee on Public Accounts.
The Committee relied on the 2015 report of Auditor General for the Federation. It demanded that the Accounting Officer in the Ministry (Permanent Secretary) be sanctioned for illegally disposing those vehicles.
The Senate said in the report submitted for consideration, that :
“The Ministry disposed a total of 22 vehicles to various beneficiaries in May 2015 and realized a total sum of N5.2 million.
“Out of the 22 vehicles, six were purchased on June 23 and August 18, 2014 from JBS Motors and Co, Abuja at a total cost of N105 million and duly paid for.
“Less than one year after acquisition, six vehicles costing N90M million were sold at a ridiculous sum of N2.1 million.”
However, the Ministry of Niger Delta Affairs claimed that the Federal Ministry of Works and Housing was invited to evaluate the vehicles before they were sold.
But, the Committee in its Investigation discovered that the Evaluation report of the Federal Ministry of Works did not include the newly-purchased vehicles.
Consequently, the Committee ordered for the repayment of N61.4 million being the disposable value of the vehicle be recovered and paid into the Treasury.
-
News6 days ago
The 2027 GMC Sierra And Chevy Silverado Could Get Bigger, More Powerful V8s
-
Auto Sport1 week ago
Le Mans Hypercar Class : Here Are The Race Cars Being Fielded By Top Manufacturers Like Ferrari, Cadillac And Toyota
-
News5 days ago
Mercedes-Benz Begins Production Of The All-new VLE – Its Grand Limousine With 8 Seats, 700-km Electric Range
-
Car Facts1 week ago
Which Vehicle Will Reach 400,000 Km Miles? Toyota Leads, Tesla A Surprise
-
Auto Sport1 week ago
Audi F1’s Drivers Test Drove 1,001-hp Nuvolari Supercar Around The Monaco Grand Prix Circuit
-
News1 week ago
Jeep Tells Over A Million Wangler And Gladiator Owners To Park Outside
-
News6 days ago
By The End of 2026, Volkswagen Plans To Lay Off 19,000 Employees In Germany
-
News1 week ago
Porsche Remembers Its Initial Electric Vehicle: “Timing Wasn’t Ideal”