General News
Nigerian Postal Service’s Former Board Chairman, Maimuna Y Abubakar, Pockets Over ₦82 Million In Multiple Federal Fraud
Secrets Reporters
Govspend, a government portal that tracks and analyses federal government spending over time, has exposed how the former Board Chairman of the Nigerian Postal Service (NIPOST), Maimuna Yaya Abubakar, was involved in contract racketeering to the sum of ₦82,841,615 using her company, Baysline Nigeria Limited, thereby violating the Code of Conduct Bureau and Tribunal (CCBT) Act.
The Code of Conduct Bureau and Tribunal Acts, states that public officials should not own or run a private company while employed as full-time staff. However, such laws do not apply if the company or business is in the farming sector.
On December 18, 2021, the Police Formation and Command made the payment of ₦55,424,280.00 to Baysline Nigeria Limited for the supply of 167 pcs of personnel protective equipment and non-lethal weapons (bulletproof vests with ballistic ceramic plate level) to zone 9 Umuahia.
On March 4, 2022, the National Drug Law Enforcement Agency made the payment of ₦17,386,005.00 to Baysline Nigeria Limited for the sensitisation program in Pankshin LGA, Plateau State.
On April 1, 2022, the Federal Ministry of Health (Hqrts) made a payment of ₦10,031,330.23 to Baysline Nigeria Limited for the procurement of household and sanitary items for IDPs in Borno.
The company, Baysline Nigeria Limited, was registered in the year 1999 with registration number 363015 in Abuja.
The company has five key management personnel, among whom is Maimuna Yaya Abubakar, a former board chairman of NIPOST who served under the administration of former President Muhammadu Buhari.
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