The Federal Ministry of Finance confirmed that $399.5 million was drawn from China Exim Bank for the Abuja and Lagos CCTV project, with Nigeria providing $70.5 million in counterpart funding, bringing the total project value to $470 million. Records show that 61,970 equipment items were delivered out of 68,005 expected, leaving 6,035 items outstanding. The project's status and the whereabouts of the funds remain unclear.
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