Nigeria: Reps ask BPE to account for N10bn allegedly spent on registration of 2 NIPOST companies — Africa Links 24

Rep. Bamidele Salam, Chairman, House Committee on Public Accounts made the call in Abuja at the resumed investigative hearing of the committee.

“No reasonable Nigerian will believe that N10. 4 billion was spent to register the two companies.

”These companies eventually folded up one year after takeoff,” he said.

He also said the companies, NIPOST Transport and Logistics Ltd., and NIPOST Property reportedly took off in May 2023, and folded up through a Presidential directive in May…