169 companies, who got N1trn worth of rail contracts, ‘are nowhere to be found’

The Federal House of Representatives Ad Hoc Committee on Failed Rail Contracts made a shocking conclusion on Wednesday, February 3, during the investigative hearing into the Nigeria Railway Corporation.

The federal lawmakers asserted that 169 ghost companies were registered as contractors with the NRC, for projects valued at N1 trillion.

During the hearing at the National Assembly, the Ad Hoc committee disclosed that none of the 169 companies invited by the committee had shown up.

Chairman of the committee, Johnson Agbonnayinman, said it was important to invite contractors to come and defend the projects executed, but however, noted that it’s been impossible to reach any of them, thus far.

Agbonnayinman said only the China Civil Engineering Construction Corporation, has responded to the committee’s letter of invitation.

Vexed by the apparent lack of headway, the committee chairman charged the corporation’s Managing Director, Adeseyi Sijuwade, to produce the 169 contractors.

“You are duty bound to produce the contractors. They are nowhere to be found; they are not faceless but yet they cannot be reached. You gave them the job, so you should produce them; we are holding you responsible.”

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