Monday, April 20, 2026
4.9 C
New York

Master Thief Atiku Plugs In For Grand Looting Round 2 Through Fashola Under Buhari Government In $1bn ‘Illegal’ Award

  • Buhari administration plotting violation of Nigeria’s procurement law in award of $800million contract

by Samuel Ogundipe,

The Muhammadu Buhari administration is scheming to grant special but illegal concession to an American power distribution company for the rehabilitation of high-voltage transmission lines across the country, in a deal that could breach the country’s extant procurement provisions, PREMIUM TIMES can report.

This newspaper has obtained documents showing how bureaucrats and politicians are strategising to award the $800 million contract to CTC Global, an electric utility firm based in California.

Should the administration proceed with the contract in the manner being planned, the award would make an absolute mockery of the administration’s platitudes about fighting corruption, some administration insiders told PREMIUM TIMES.

Already, Abubakar Atiku, the managing director of Transmission Company of Nigeria, has forwarded a recommendation letter for the award of the contract to CTC Global to Tunde Fashola, the minister of works, power and housing.

After making effusive case for a blanket adoption of CTC Global, without any competitive bidding, Mr. Atiku urged the minister to “accept the initial proposal” and “provide” a contract letter to the firm.

In the letter, dated November 18, 2016, Mr. Atiku said the deal would see Nigeria’s existing 330KV and 132 KV power transmission cables upgraded from the current Aluminium Conductor Steel Reinforced (ACSRs) types to Aluminium Conductor Composite Core Conductors (ACCC).

The ACCC is an improved technology that has twice the capacity of the ACSRs and can easily be retrofitted on the existing lines, eliminating the hurdles of dismantling current cables to lay new ones, experts say.

But the modality being adopted for the award of the contract appears a contravention of federal laws on award of contracts which require open advertisement and competitive bidding for government jobs and supplies. Read full in PremiumTimes

Most Popular

Settler Attacks on Palestinians Hit 105 per Month – As Gaza Mothers Cannot Afford Diapers

Monthly Palestinian injuries from Israeli settler violence have surged to 105 per month in 2026, up from 69 in 2025 – a 52% increase that has received...

FBI Caught Spying on Senators, Journalists, 19,000 Campaign Donors – Congress Extends the Programme Anyway

The FISA Court has documented what it calls "persistent and widespread" violations by the FBI under Section 702 – the warrantless surveillance programme that...

UK Probes Whether Peter Mandelson Shared Government Secrets With Epstein – As Millions of Documents Remain Sealed

British investigators are examining whether Peter Mandelson, one of the most powerful figures in modern UK politics, shared sensitive government information...

Pfizer, J&J, AstraZeneca All Implicated in Systematic Bribery of FDA Advisers – Report Buried in Academic Journals

A new review published in the Journal of Law, Medicine & Ethics documents what anyone paying attention already suspected: every major pharmaceutical...

US Defence Spending Crosses $1 Trillion for First Time – As Lockheed and Raytheon Post Record Quarters Amid Iran War

The United States has crossed a threshold that no mainstream outlet appears interested in examining: defence spending has surpassed $1 trillion for the first...

Recent

Settler Attacks on Palestinians Hit 105 per Month – As Gaza Mothers Cannot Afford Diapers

Monthly Palestinian injuries from Israeli settler violence have surged to 105 per month in 2026, up from 69 in 2025 – a 52% increase that has received...

FBI Caught Spying on Senators, Journalists, 19,000 Campaign Donors – Congress Extends the Programme Anyway

The FISA Court has documented what it calls "persistent and widespread" violations by the FBI under Section 702 – the warrantless surveillance programme that...

UK Probes Whether Peter Mandelson Shared Government Secrets With Epstein – As Millions of Documents Remain Sealed

British investigators are examining whether Peter Mandelson, one of the most powerful figures in modern UK politics, shared sensitive government information...

Pfizer, J&J, AstraZeneca All Implicated in Systematic Bribery of FDA Advisers – Report Buried in Academic Journals

A new review published in the Journal of Law, Medicine & Ethics documents what anyone paying attention already suspected: every major pharmaceutical...

US Defence Spending Crosses $1 Trillion for First Time – As Lockheed and Raytheon Post Record Quarters Amid Iran War

The United States has crossed a threshold that no mainstream outlet appears interested in examining: defence spending has surpassed $1 trillion for the first...

21 Hours of Talks, Zero Progress – Iran Refuses to Budge on Nuclear Programme as Vance Returns Empty-Handed

Vice President JD Vance sat across from Iran's delegation in Islamabad for 21 consecutive hours and left with nothing to show for it – no framework, no...

US Navy Seizes Iranian Cargo Ship as Tehran Closes Strait of Hormuz Again – Talks Resume in Pakistan

The US Navy has seized an Iranian-flagged cargo ship attempting to breach the American blockade in the Gulf of Oman – an act Iran immediately labelled piracy –...

Trump and Sons Hit With Continued Accusations of Major Insider Trading – As Iran Makes Parody Song

The accusations refuse to die. Prominent journalist Cenk Uygur has laid out what he describes as a massive insider trading operation running through the Trump...
spot_img

Related Articles

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Popular Categories

spot_img
0
Would love your thoughts, please comment.x
()
x