How Federal College Oji In Enugu Paid N542million For Library Construction To Company Listed As Inactive | Sahara Reporters

Author Avatar

latestnews

Joined: Aug 2026

The development raises questions about the due diligence carried out by the institution and other relevant government agencies before awarding the contract and authorising payments to the company.

The Federal College of Co-operative and Business Studies, Oji River, Enugu State, paid a combined N542.95 million to a company listed as inactive on the Corporate Affairs Commission (CAC) portal for the construction and provision of equipment for a “modern library”, according to federal government payment records.

The payments, made to Dasir International Resources Limited in two equal instalments of N271.47 million each, were recorded on May 10, 2026, in the federal government’s Govspend payment database.

The development raises questions about the due diligence carried out by the institution and other relevant government agencies before awarding the contract and authorising payments to the company.

Records show that the first payment of N271,472,850 was described as “Being mobilization payment for construction of equipment for modern library in various communities of south-west state -b -excu by dasir international resources ltd”.

A second payment of the same amount was made to Dasir International Resources Limited on the same date, with the transaction description stating: “Being mob. payment for construction & provision of equipment for modern library in various communities of south-west state executed by dasir intl resources”.

The two transactions brought the total amount paid to the company to N542,945,700.

However, Dasir International Resources Limited is listed as “inactive” on the Corporate Affairs Commission’s online portal.

The discrepancy between the company’s status on the corporate registry and the substantial public payment made to it raises questions about whether the company was eligible to participate in public procurement and whether its corporate status was verified before the payments were processed.

It also raises questions about the nature and location of the project, particularly because the payment descriptions refer to the “construction&provision of equipment for modern library in various communities of south-west state”, despite the beneficiary institution being the Federal College of Co-operative and Business Studies, Oji River, in Enugu State.

The payment records do not, on their face, provide details of the specific communities where the library project is being executed, the contract award date, the procurement method used, the contract number, the expected completion date or the physical status of the project.

The payment involving Dasir International Resources Limited comes against the backdrop of growing concerns over federal government payments to companies listed as inactive by the CAC.

Earlier, SaharaReporters reported that at least five companies listed as “inactive” on the CAC portal received or were paid a combined N2.6 billion in federal government contracts and contract-related payments between May and June 2026.

An analysis of federal government payment records published on Govspend showed that Fairdeals Associates Limited, A.A.J. Global Resources Limited, E.O.G Global Services Limited, Ada Abdulrahman Global Investment Limited and Legend Otolorin Construction Limited were among companies listed as inactive on the CAC portal while receiving substantial payments from federal ministries, agencies and government institutions.

The records showed that Fairdeals Associates Limited received three payments totalling N449.5 million from the Office of the Special Adviser to the President on Niger Delta between May and June 2026.

On June 19, 2026, the company received N339.03 million as payment for the “conduct of capacity building training for 120 PAP stakeholders (batch 3)” held in Abuja between March 23 and April 10, 2026.

The same agency paid Fairdeals Associates another N55.23 million on June 19 for “stakeholder and strategic internal security engagement in the Niger Delta region (Bayelsa and Rivers States) for the month of May, 2026.”

Earlier, on May 11, the company received another N55.23 million for “stakeholders and strategic internal security engagement for Niger Delta region (Bayelsa and Rivers) respectively under the PAP for the month of April 2026.”

A.A.J. Global Resources Limited, also listed as inactive on the CAC portal, received two federal payments totalling N368.34 million in June.

The Sokoto Rima River Basin Development Authority paid the company N259.29 million on June 18 for the “establishment and equipping of veterinary clinic/insemination centers within pastoralist communities in Sokoto State.”

The latest payment to Dasir International Resources Limited adds another N542.95 million to the value of federal funds identified as having been paid to a company whose CAC status is listed as inactive.

Under public procurement processes, government institutions are expected to conduct appropriate checks on contractors and suppliers before awarding contracts and making payments.

The status of a company on the CAC register can be relevant to determining whether it remains legally active and compliant with applicable corporate requirements.

Questions also arise over why two equal mobilisation payments for what appears to be the same modern library project were made on the same day and whether they represented separate contract components, phases or certificates.

The transaction descriptions identify the payments as “B” and “C”, suggesting that they may relate to separate components or payment stages of the project, although the available payment records do not provide sufficient information to determine this.

The case therefore underscores the need for greater transparency in government contracting, particularly where large public payments are made to companies whose corporate status raises questions.

Leave your comment

Your email address will not be published. Required fields are marked *