NIGERIAN COMPANIES BARRED FROM BIDDING FOR WORLD BANK AND AFDB CONTRACTS

Punch in Nigeria on 17th July reported that Lutoyilex Construct Limited, a construction company registered in Nigeria, has joined the list of firms debarred for fraudulent practices by the African Development Bank Group and other international bodies.  The Bank barred the company and its Managing Director, Mr Bamidele Obiniyi (aka Mr Bamidele Abayomi) for a period of 36 months.  In January, the group announced the debarment of another Nigerian company, ALG Global Concept Nigeria Limited, a construction company registered in Nigeria and its Managing Director, Mr Abuharaira Gero, for a period of 36 months.  In February, the World Bank debarred 2 Nigerian waste management companies and their owner for 5 years for “engaging in fraudulent practices” involving a project in Nigeria – Rojoke CNE Services Ltd. (Rojoke) and CNE Environmental & Waste Services Ltd. (CNE), and their owner, Robinson Ekenedilichukwu Ojoko, are ineligible to participate in World Bank-financed projects during the debarment.

https://punchng.com/fraud-nigerian-firm-lutoyilex-barred-from-bidding-for-wbank-afdb-contracts/

 

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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