Secrets Reporters In what looks like a bogus expenditure, the Federal Airport Authority of Nigeria (FAAN) has proposed to spend the sum of N17,999,999,998.00 on utility services in 2024. The information was contained in the 48 Government Owned Enterprises (GOE) budget document. The GOEs are government-owned establishments involved in commercial …
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Secrets Reporters The Corporate Affairs Commission (CAC) has outlined plans to contribute N28,518,447,500.00 to the federal government’s revenue in the current year. As one of the 48 Government-Owned Enterprises (GOEs), collectively aiming to generate N2.9 trillion in internally generated revenue for the 2024 fiscal year, CAC allocated a projected expenditure …
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Secrets Reporters It has been a common practice for public servants to involve themselves in contract racketeering to enrich themselves and their cronies in their circle, which is against the Code of Conduct Bureau Act, which stipulates those public officers, unless not employed full-time, are prohibited from managing or participating …
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