Home / Probes / LAO-0308

₦10.4 billion spent on two short-lived NIPOST companies

Status

No final report

Assembly

House of Representatives

Opened

9 September 2024

Assembly term

10th National Assembly (2023–2027)

Committee

Committee on Public Accounts

Sum at issue

₦10.4 billion

Subject

Spending and misuse of funds

Without a report for

793 days

The House Public Accounts Committee, chaired by Bamidele Salam, summoned the Director General of the Bureau of Public Enterprises over ₦10.4 billion spent to register and run two companies for the Nigerian Postal Service, which started in May 2023 and were wound up by presidential directive a year later.

What the record shows

9 September 2024
Probe opened.
As of 11 November 2026
No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.