Report: Nigeria Loses $16bn To Procurement Fraud, Corruption

Procurement Observation and Advocacy Initiative (PRADIN) has said that over $16 billion of the country’s resources has been lost through corruption and abandoned projects. It added that procurement fraud accounted for 70 per cent of total corruption in the public sector. The advocacy group said in a report that regardless of the huge investments and...The post Report: Nigeria Loses $16bn To Procurement Fraud, Corruption first appeared on New Telegraph.The post Report: Nigeria Loses $16bn To Procurement Fraud, Corruption appeared first on New Telegraph.

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