Nigeria In One Minute

Centenary project: Anyim, wife to account for N13.1b

Where is the over N13b cash raised for the Centenary Project?

This is part of the questions detectives are asking former Secretary to the Government of the Federation (SGF) Anyim Pius Anyim and his wife.

Anyim, his wife, 20 firms and others are being probed by the Economic and Financial Crimes Commission (EFCC) for alleged fraud in the massive project.

According to a document, which our correspondent stumbled on, 37 investors subscribed to the project, which was floated to mark the amalgamation of the Northern and Southern protectorates in 1914 by the late Sir Frederick Lord Lugard, the first Governor-General of Nigeria.

In all, $80, 750,000 (N13, 162, 250,000 then) was paid by investors.

The Nation, November 24, 2017

 

 

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