AfDB Bans Oceanic Construction and Engineering Nigeria for Two Years

Bennett Oghifo

The African Development Bank Group has blacklisted Abuja-based construction firm, Oceanic Construction and Engineering Nigeria for a minimum period of 48 months, for alleged fraudulent contract bidding.

According to a statement by AfDB, recently, “An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that the company misrepresented its…

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