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Enugu Company Fingered As W’Bank detects $32m Water Project Fraud

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Maduka University

The World Bank has identified $32m in unaccounted funds in a Nigerian water sector project, raising concerns over likely embezzlement and mismanagement.

According to the newly released FY2024 Sanctions System Annual Report, the Bank’s Integrity Vice Presidency (referred to as ‘INT’ in the report) flagged the discrepancies after a forensic review.

The funds, intended to bolster water infrastructure, were not adequately accounted for, prompting an intervention to safeguard the project’s integrity.

In a decisive move to mitigate risks, the World Bank engaged with the project team, including Nigeria’s Task Team Leader, Operations Manager, and Financial Management Specialist.

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The bank recommended steps to recover the funds and prevent further losses. Consequently, the Central Bank of Nigeria has been asked to reimburse $22m, while $6m remains in the project account to cover anticipated operational expenses.

The bank has also limited the project’s financial operations to direct payments to curb further irregularities.

A copy of the report obtained by Sunday PUNCH read, “INT followed up on risks identified regarding a project in Nigeria’s water sector and flagged to operations the risk, which was associated with $32m of unaccounted funds.

“INT met with the Task Team Leader, Operations Manager, Programme Leader, and Financial Management Specialist to identify steps to reduce the risk of embezzlement. As a result, the project team asked the Central Bank (of Nigeria) to reimburse the full amount ($22m) and limited the remainder of the project to direct payments.

“The local account remained with about $6m in undisbursed balance, a little more than the anticipated PIU expenses for the remainder of the project.”

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Further investigations showed that the World Bank has imposed a 1.5-year debarment with conditional release on a Nigerian engineering firm and its managing director for fraudulent practices in the Nigeria Erosion and Watershed Management Project.

This decision follows an investigation by the bank’s Integrity Vice Presidency, which uncovered instances of misrepresentation during the bidding and execution phases of the project.

A document from the World Bank obtained by Sunday PUNCH provided more information on the project, noting, “This case arises in the context of the Nigeria Erosion and Watershed Management Project (the “Project”) in the Federal Republic of Nigeria.

“The project sought to reduce vulnerability to soil erosion in targeted sub-watersheds in Nigeria. On April 16, 2013, Nigeria entered into a financing agreement with IDA for an amount equivalent to Special Drawing Rights (‘SDR’) 321.4m (approximately $500m at the time of signature) to support the project.

“Simultaneously, the bank and Nigeria entered into two grant agreements under the Global Environment Facility and the GEF Special Climate Change Fund, for $3.96m and $4.63m, respectively, to support the project.

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“On February 12, 2019, the bank provided additional financing to Nigeria in the amount of SDR 208.7m (equivalent to $300m), plus a Scale-up Facility Additional Credit in the amount of $100m. The project became effective on September 16, 2013, and closed on June 30, 2022.”

The NEWMAP project, financed by the International Development Association and supported by the Global Environment Facility, was designed to reduce soil erosion in targeted Nigerian sub-watersheds.

The $900m project spanned multiple states, including Abia, where the firm under scrutiny was contracted.

The engineering firm, part of a joint venture, was awarded a $1.22m contract in 2015 to provide design and supervision services for erosion control.

The investigation revealed that during the selection process, the firm misrepresented the availability of key staff and the role of one of its JV partners.

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Also, during project implementation, the firm replaced key personnel without notifying the project management unit, violating contract terms.

The investigation uncovered that two key staff members listed in the firm’s proposal were unavailable during the project.

The firm’s managing director admitted during the hearing that the staff’s availability was never confirmed before submission.

This act constituted a fraudulent misrepresentation, according to the World Bank’s Consultant Guidelines.

The firm also falsely claimed that a JV partner actively participated in the project.

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While the partner was listed in the proposal, it neither contributed to the work nor received payment for its involvement.

The firm’s justification that the partner was included for its political connections was deemed unsubstantiated by the World Bank.

The firm and its managing director are barred from participating in any World Bank-financed projects for a minimum of 1.5 years.

This sanction extends across the World Bank Group and may be enforced by other multilateral development banks under a cross-debarment agreement.

The document read, “The Respondent Firm, together with any entity that is an Affiliate directly or indirectly controlled by the Respondent Firm, shall be ineligible to (i) be awarded or otherwise benefit from a Bank-financed contract, financially or in any other manner; (ii) be a nominated sub-contractor, consultant, manufacturer or supplier, or service provider of an otherwise eligible firm being awarded a Bank-financed contract; and (iii) receive the proceeds of any loan made by the Bank or otherwise participate further in the preparation or implementation of any Bank-Financed Projects.”

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It added, “the Respondent Managing Director, together with any entity that is an Affiliate that he directly or indirectly controls, shall be ineligible to (i) be awarded or otherwise benefit from a bank-financed contract, financially or in any other manner; (ii) be a nominated sub-contractor, consultant, manufacturer or supplier, or service provider of an otherwise eligible firm being awarded a Bank-financed contract; and (iii) receive the proceeds of any loan made by the Bank or otherwise participate further in the preparation or implementation of any Bank-Financed Projects.”

Reinstatement after the debarment period is contingent on the firm implementing compliance measures, including the establishment of an integrity compliance program.

Further checks by Sunday PUNCH showed that a firm, Diyokes Consultants Limited, based in Enugu State, Nigeria was declared ineligible by the World Bank for a period of 1.5 years (from March 11, 2024, to September 10, 2025) for fraudulent practices.

The individual associated with the same firm, Innocent Diyoke, shared the same ineligibility period and grounds for sanction.

Both the firm and individual were linked to fraudulent activities uncovered in connection with the World Bank-financed project.

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It was earlier reported that the Federal Government, under the leadership of President Bola Tinubu, secured loans worth $6.45bn from the World Bank in just 16 months.

The amount increased to the new figure following the recent approval of three new loans totalling $1.57bn from the World Bank for various projects in Nigeria and is expected to increase further in the coming months.

This was as the international lender approved no fewer than 36 loan requests to the Federal Government, amounting to a substantial total of $24.09bn within five years.

These approvals, aimed at financing various development projects nationwide, arrive alongside increasing concerns about the country’s escalating debt profile, prompting questions about the sustainability of these financial commitments and their potential long-term effects on the economy.

Some of the projects under Tinubu include loans for power ($750m), women empowerment ($500m), girl’s education ($700m), renewable energy ($750m), economic stabilization reforms ($1.5bn) and resource mobilization reforms ($750m).

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For many Nigerians, long years of infrastructure decay and increased unemployment have triggered an increased feeling of bitterness whenever they hear the government’s intention to borrow.

Although some of them realistically agree that resources are thin, considering an outsized population; however, they believe the past borrowings have not been justified.

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Crime

Tragedy in Anambra: Missing Young Woman, Messioma Nwaora, Reportedly Found Dead in Uga

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A young woman identified as Messioma Nwaora, who was earlier reported missing, has reportedly been found dead in Uga, Aguata Local Government Area of Anambra State.

Unverified reports circulating on social media allege that her former boyfriend, identified as Chima Emmanuel and said to be from Ebonyi State, killed her after she ended their relationship. The reports further claim that he strangled her with clothing, placed her body in a bag and transported it on a commercial motorcycle, popularly known as an okada.

The alleged confession and the circumstances surrounding the woman’s death have not been independently verified. Therefore, it cannot be conclusively established that the former boyfriend killed her.

As of the time of filing this report, the Anambra State Police Command had not issued an independently confirmed statement establishing the cause of death, confirming the identity of the deceased or stating whether a suspect had been arrested.

The reported death has prompted calls for a thorough investigation. Outstanding questions include where the body was recovered, how the woman died, whether Chima Emmanuel has been detained and whether investigators have obtained evidence linking him to the incident.

Further details are expected as reliable information becomes available.

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Crime

Enugu Socialite Stone Shot dead After Police Raid Birthday Party, CP Orders Probe

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A birthday party organised by popular Enugu socialite Nnaji Izuchukwu, popularly known as Stone, at Bull Hotel, Asata, Enugu, reportedly turned chaotic following a misunderstanding that allegedly prompted the hotel management to invite the police.

Stone, who was the celebrant, reportedly died from gunshot injuries sustained during the ensuing police operation.

Information available to Everydaynewsngr.net indicated that the misunderstanding at the birthday party degenerated into chaos, prompting the hotel management to call in operatives of the police Anti-Cultism Section.

In the confusion that followed, Stone was said to have attempted to escape through a window alongside another person before he sustained gunshot injuries.

However, the exact circumstances surrounding the shooting remained unclear as of the time of filing this report.

The Enugu State Police Command has since confirmed Stone’s death and ordered an investigation into the incident.

In a press release issued on Friday, October 23, 2026, the command said the Commissioner of Police, CP Mamman Bitrus Giwa, had directed a thorough investigation to establish the circumstances surrounding the death and determine whether the operation and use of firearms complied with established operational standards and applicable laws.

According to the police, operatives of the Anti-Cultism Section of the Violent Crime Response Unit (VCRU) stormed Bull Hotel during an intelligence-led operation targeting Nworie Chidera Kelvin, popularly known as Akidi, an alleged drug dealer and member of the Vikings Confraternity.

The police said Akidi was suspected of involvement in several cases relating to cultism and unlawful possession of firearms.

The operation reportedly led to the arrest of Akidi and nine other suspects, comprising males and females aged between 17 and 28.

The police also said quantities of dried weeds suspected to be cannabis, a weighing scale allegedly used for measuring illicit drugs, and ₦43,400 in cash were recovered during the operation.

Giving its account of how Stone died, the command said preliminary findings indicated that he and another suspect jumped through a window in an attempt to escape.

The statement added that an operative pursuing the two suspects was allegedly confronted by them as they attempted to disarm him.

According to the police, the officer’s firearm discharged during the ensuing struggle, leaving Stone with gunshot injuries, while the other suspect escaped.

Stone was rushed to a hospital, where he was later confirmed dead. His remains have been deposited in a mortuary for preservation and autopsy.

CP Giwa has directed the Assistant Commissioner of Police in charge of the State Intelligence Department to establish the facts of the incident and determine whether the officers involved complied with operational standards and applicable laws.

The commissioner assured that any officer found culpable would face appropriate disciplinary action.

He also urged Stone’s family, associates and members of the public to remain calm, stressing that professionalism, ethical conduct and strict adherence to operational standards, particularly those governing the use of firearms, must be upheld during police operations.

The police statement was signed by the Command’s Public Relations Officer, SP Daniel Ndukwe, on October 23, 2026.

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Crime

Awaiting-Trial Inmate Escapes From Court

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The Nigerian Correctional Service (NCoS), Edo State Command, has launched a manhunt for a 28-year-old awaiting-trial inmate, Osita Thomas, who escaped while being taken to court for trial.

Thomas, an inmate of the Medium Security Custodial Centre, Auchi, reportedly escaped last week during a court appearance over charges bordering on conspiracy and stealing.

The Command’s Public Relations Officer, Aminu Suleman, disclosed the development in a statement dated October 21, 2026, and made available to journalists in Benin City on Thursday.

Suleman said the Controller of Corrections in Edo State had directed intensified efforts towards apprehending the fugitive, assuring residents that security measures across custodial facilities had been strengthened to prevent similar incidents.

The Command appealed to members of the public with useful information about Thomas’s whereabouts to report to the nearest police station or custodial centre.

It also released two telephone numbers, 08038075882 and 08039243704, through which information could be provided to security authorities.

Meanwhile, an official of the Correctional Service attributed the escape to inadequate manpower, explaining that the officer escorting Thomas to court could not abandon other inmates in his custody to pursue the fleeing suspect.

According to the official, pursuing Thomas would have exposed the remaining inmates to possible escape.

The official further raised concerns over worsening personnel shortages in the Service, alleging that more than 1,000 officers were expected to retire this year without corresponding plans for fresh recruitment.

He called on the Federal Government to urgently address the manpower deficit, warning that inadequate personnel could continue to undermine the effective management and security of custodial facilities across the country.

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Crime

N8m Fraud: Job Racket Lands Enugu Businesswoman in EFCC Net

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An alleged employment racket involving 21 job seekers and N8.29 million has landed an Enugu-based businesswoman, Stella Ezinne Egotanwa, in the net of the Economic and Financial Crimes Commission (EFCC).
The 45-year-old businesswoman is being investigated for allegedly collecting money from unsuspecting applicants under the guise of securing employment for them at a psychiatric hospital in Enugu State.
The EFCC, in a statement posted on its official X handle on Tuesday, October 20, 2026, disclosed that the suspect allegedly collected the money between December 28, 2025, and June 30, 2026, through bank accounts belonging to different Point of Sale (POS) operators.
According to the commission, trouble began for Egotanwa when 16 aggrieved job seekers petitioned the Nigeria Security and Civil Defence Corps (NSCDC), accusing her of collecting N6.193 million from them without delivering the promised jobs.
The petition subsequently led to her arrest by NSCDC operatives in Anambra State on July 30, 2026.
However, the case took another dimension when five additional victims approached the EFCC, alleging that the businesswoman had similarly defrauded them of N2,098,200 through promises of employment at the same hospital.
The fresh petitions brought the number of alleged victims to 21, with the total amount involved rising to N8,291,200.
One of the victims, who narrated his ordeal to investigators, claimed to have paid Egotanwa N1.05 million on December 28, 2025, believing that she had the connections to secure the promised employment.
“I made the payment in good faith because I believed that the employment opportunity she presented to me was genuine.
“However, after making the payment, the promised employment did not materialise. I subsequently experienced difficulty reaching her and there were periods she did not respond to my calls or messages,” the petitioner stated.
The anti-graft agency further disclosed that Egotanwa was already awaiting trial in a separate case involving a similar alleged employment scam.
It added that the suspect had admitted to the alleged offence during interrogation and would be arraigned in court upon the conclusion of investigations.
The EFCC maintained that investigations were ongoing to establish the full circumstances surrounding the alleged fraudulent recruitment scheme.
Clarify the EFCC’s role in her arrest
Use consistent language for alleged victims
Tighten the opening for stronger impact

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Crime

Okechukwu lauds FG for acknowledging military operations alone cannot end banditry

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A Foundation Member of the All Progressives Congress (APC), Mr Osita Okechukwu, has lauded the Federal Government through the National Security Adviser (NSA), Mallam Nuhu Ribadu, for acknowledging that military operations alone cannot end banditry.

Okechukwu said that the recent acknowledgement of the NSA reflected the reality on ground on the protracted activities of banditry in the country.

The APC chieftain said this in a statement he signed and issued to newsmen in Enugu on Sunday.

Okechukwu reacted directly to Ribadu’s remarks at a brainstorming session on coping with banditry, organised by the Sokoto Advancement Forum in collaboration with the Centre for Peace Studies, Usmanu Danfodiyo University, Sokoto.

Aligning himself with the NSA’s position, he stressed that building community trust, protecting agriculture and rural livelihoods, and preventing youth recruitment into criminal networks are indispensable complements to military operations.

He said, “We must measure progress by more than arrests, weapons recovered or territory cleared.

“Success must also mean safer communities, returning families, productive farms, reopened schools, functioning markets and the restoration of public confidence.”

Okechukwu argued that this broader understanding of national security must inform the Federal Government’s economic and political policies if Nigeria is to achieve sustainable peace.

He urged Ribadu, as one of the closest presidential advisers, to appeal to President Bola Tinubu to rejig his economic programme to improve living standards, stimulate production, expand employment opportunities and alleviate the hardship confronting ordinary Nigerians.

According to him, economic insecurity, widespread hardship and unemployment can undermine community trust and create conditions that criminal networks exploit to recruit vulnerable youths.

He maintained that restoring livelihoods, strengthening rural economies and creating productive opportunities for young people must go hand-in-hand with security operations if the country is to achieve lasting peace.

Okechukwu also advised the NSA to recognise that the conduct of free, fair and credible 2027 General Elections as a foremost instrument for rebuilding public confidence nationwide.

The APC chieftain stressed that democratic legitimacy, public trust in institutions and confidence in the electoral process are essential to national cohesion and security.

Okechukwu further advised Ribadu that politicians, whether from APC or opposition parties, who incite violence, promote political intolerance or embrace a do-or-die approach to elections should be treated as threats to democratic stability.

He urged the appropriate authorities to investigate and prosecute those who engage in criminal conduct, irrespective of their political affiliations, in accordance with the law.

“Those who beat the drums of political violence and turn elections into a do-or-die affair are, in effect, political bandits.

“They threaten our democracy from within and must be held accountable before they pull down the roof of our democratic house,” Okechukwu warned.

He concluded that Nigeria could no longer afford to ignore the connection between economic hardship, political alienation and insecurity.

He said, “Hunger has awakened Nigerians who had hitherto resigned themselves to fate.

“The answer is not to dismiss their grievances, but to restore hope through economic opportunity, accountable governance, credible elections and a security strategy that protects both lives and livelihoods.”

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