The House of Representatives Committee on Public Accounts has disclosed that approximately 65,000 projects worth N32tn are abandoned nationwide.
According to the committee, some of the abandoned projects included key infrastructure, with some already fully paid for by the government but left uncompleted by the contractors.
The committee chairman, Bamidele Salam, revealed this during a visit to the Chairman of the EFCC, Ola Olukoyede.
While expressing concern over the alarming number of abandoned projects scattered across the nation, Salam said the House would forward its findings to the Economic and Financial Crimes Commission (EFCC) and other law enforcement agencies upon completing its investigations.
Accroding to Salam, “Our records show that we have about 65,000 abandoned projects littered all over the country.
“An organisation that evaluated them put the amount tied to the projects at N32tn. Some of them are key infrastructure projects; some of them have been paid for 100 per cent.
“Some of them are funded with loans. We are very bothered about this and we are initiating steps to ensure that we look into some of these abandoned projects”, he said.
Speaking during the visit, Olukoyede called on the legislature to do more by way of making stringent laws against corruption, and economic and financial crimes.
The committee, however, asked the EFCC to act on the report to be sent after the conclusion of its assignment.