The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it has commenced an unprecedented audit of 760 federal road projects valued at ₦36 trillion.
The nationwide special tracking exercise is in collaboration with the Federal Ministry of Works to ensure transparency and value in public infrastructure spending.
In a statement on Monday, December 8, the ICPC said the initiative targets the physical verification and performance audit of 760 federal road projects.
“The exercise, which commenced on November 14, 2025, mobilises joint teams of ICPC investigators, engineers from the Federal Ministry of Works, and independent professionals from bodies including the Nigerian Institute of Quantity Surveyors (NIQS).
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“These teams are now deployed across all 36 states and the Federal Capital Territory (FCT) to conduct on-the-ground assessments,” it stated.
According to the ICPC, this large-scale initiative is designed to achieve several critical national objectives.
It involves enhancing fiscal governance to ensure sustainable, cost-effective infrastructure development and optimal use of public funds.
It is to strengthen procurement integrity to investigate and deter fraudulent practices in the award of government contracts.
The Commission exercise will help to enforce contractor accountability to monitor project execution rigorously, compel the completion of abandoned projects, and ensure adherence to contractual specifications.
It added that it is to secure financial recovery to recover public funds from projects found to be grossly inflated or where contractors have demonstrably failed to perform.
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It said its ongoing field work involves a detailed review of project sites, records, and deliverables, hinting that state-level reports to be gathered will be consolidated into a comprehensive national audit report.
Its findings will highlight compliance levels, identify irregularities, and form the basis for determined enforcement actions by relevant authorities against any implicated individuals or entities.
“This exercise represents a proactive, system-driven approach to safeguarding our national infrastructure investments,” the Commission stated.
“Tracking 760 projects of this magnitude underscores our resolve to partner with government institutions in closing leakages, promoting accountability, and ensuring that public projects translate into tangible public good.”
Alex is a business journalist cum data enthusiast with the Pinnacle Daily. He can be reached via ealex@thepinnacleng.com, @ehime_alex on X
