₦3.4 Billion Police Procurement Scandal: Man Registers 5 Companies in 48 Hours, Wins Inflated Contracts – Sardines at ₦8,600 Per Tin

 ₦3.4 Billion Police Procurement Scandal: Man Registers 5 Companies in 48 Hours, Wins Inflated Contracts – Sardines at ₦8,600 Per Tin

By Prince O. D. Agbedeyi Ph.D.
Date: September 11, 2025

Headline Story:

In what is fast becoming one of Nigeria’s most brazen procurement scandals, shocking revelations have emerged of how one individual, identified as Oranyedu Chukwudi Samuel, allegedly exploited Nigeria’s procurement system to secure ₦3.4 billion worth of inflated contracts from the Nigeria Police Force through five companies registered within 48 hours.

According to an investigation by SaharaReporters, Chukwudi Samuel registered Akulight Technologies Limited, Mag-Tram Systems Limited, Drip-CHS Tech Nigeria Limited, Elapsotic Ventures Limited, and Danlokey Systems Limited between January 3 and 4, 2023 with the Corporate Affairs Commission (CAC) — and within months began receiving hundreds of millions of naira in contract payments.

A Web of Companies, One Beneficiary

Records show that three of the companies — Danlokey Systems Limited, Drip-CHS Tech Nigeria Limited, and Mag-Tram Systems Limited — operate from the same address in Abuja (Plot D45H, SCC Road, Usafa Plaza, FCT), while Akulight Technologies Limited and Elapsotic Ventures Limited share another address (No. 20, Area 1 Shopping Complex, Shop S5H, Ground Floor, Abuja).

This was not all. Investigators discovered that Chukwudi Samuel also used three other companies he previously registered — Chumchuks Investment Limited, Olycee Ventures Limited, and Waves Fulfillment Limited — to win additional contracts from the Force.

Between August 30, 2023, and December 30, 2024, these companies allegedly received 366 separate payments amounting to ₦3.4 billion from the Nigeria Police Force led by Inspector-General Kayode Egbetokun.

Inflated Prices That Shocked Nigerians

Some of the payments raise serious concerns about contract inflation and abuse of public funds.

The investigation also revealed that many of these payments were deliberately split across multiple companies owned by the same person, raising questions about compliance with the Public Procurement Act, which mandates transparency, value-for-money, and fair competition.

Legal and Ethical Implications

Procurement experts argue that this level of contract splitting and inflation not only violates the spirit of Nigeria’s procurement laws but also suggests possible collusion within the police procurement system.

Under Part IV, Section 16(d) of the Public Procurement Act, all procurements must be carried out in a manner that ensures transparency, equity, and accountability, while Section 16(e) mandates that they must achieve value for money and fitness for purpose.

The revelations have sparked public outrage, with Nigerians on social media calling for the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices Commission (ICPC), and the National Assembly to launch a full-scale probe.

Public Reactions and Call for Accountability

Civil society groups are now demanding the immediate suspension of officials involved, a comprehensive forensic audit of all procurement transactions by the Nigeria Police within the last two years, and the prosecution of anyone found culpable.

"This is a clear case of institutionalized corruption," said one anti-corruption activist. "Spending billions of taxpayers’ money on overpriced sardines and biscuits while Nigerians are grappling with insecurity and poverty is a crime against the people."

Conclusion

This latest scandal adds to growing concerns about procurement fraud in Nigeria’s security sector, a problem that has been linked to inadequate equipment for personnel, delayed response to security threats, and mismanagement of public funds.

Nigerians are now waiting to see whether this revelation will lead to genuine reform or simply become another headline that fades away without accountability.

Tags:
#PoliceProcurementScandal #NigeriaCorruption #PublicFunds #NPF #ContractFraud #SaharaReportersInvestigation #Accountability

Follow Us:
🌐 Website: https://globalegberi.blogspot.com
📧 Email: globalegberimedia@gmail.com
📞 Nigeria: +234 813 490 2214


Comments

Post a Comment