As the controversy continues to trail the production and supply of the permanent voters’ cards (PVCs) for the elections, it has emerged that a Nigerian company, ACT.Technologies Limited, was awarded a N2.6 billion contract by the Independent National Electoral Commission (INEC) to produce the PVCs, which was in turn sub-contracted to a Chinese firm.

Based on the electronic payments exclusively obtained from INEC by THISDAY, the transfers showed that over N2.6 billion was paid to the Nigerian company where Bola Tinubu has substantial interest,   for the production and supply of over 68.8 million PVCs within a period of seven months.

It was further gathered that the PVCs were expected to be produced at a unit cost of N65.

THISDAY gathered that the electronic payment mandate for the production of the PVCs was routed through two banks, an Islamic Bank – JAIZ Bank – and the First City Monument Bank (FCMB) Limited between 2013 and 2014, which showed that ACT.Technologies charged with the production of the PVCs had been fully paid, but is yet to supply all the PVCs for the elections.

A breakdown of the payment mandate showed that INEC on February 14, 2013 paid the sum of N489,937,500 to ACT.Technologies, being part payment for the production of the PVCs. The money was paid through JAIZ Bank.
Another transfer of N585 million was made on July 16, 2013 to the company via FCMB; on June 11, 2013, N293,962,500 was effected through JAIZ Bank; while on August 13, 2013, INEC paid N130 million.
In addition, N234 million was paid to ACT.Technologies for the supply of 40 million PVCs through JAIZ Bank on January 24, 2014, while the last transfer of N590,871,418 was made on February 19, 2014.
All the electronic payment mandates were signed by the Secretary of INEC, Augusta Ogakwu; Director of Finance, Hajiya Salamatu Ibrahim; and Director of Budget, T.W. Afannga.
According to an INEC source, despite the full payment for the contract, a batch of PVCs were yet to be produced.
Shortly after the elections were postponed, Jega had informed the Senate that some 800,000 to one million PVCs had still not arrived the country from China.

anneedu:
As the controversy continues to trail the production and supply of the permanent voters’ cards (PVCs) for the elections, it has emerged that a Nigerian company, ACT.Technologies Limited, was awarded a N2.6 billion contract by the Independent National Electoral Commission (INEC) to produce the PVCs, which was in turn sub-contracted to a Chinese firm.

Based on the electronic payments exclusively obtained from INEC by THISDAY, the transfers showed that over N2.6 billion was paid to the Nigerian company where Bola Tinubu has substantial interest,   for the production and supply of over 68.8 million PVCs within a period of seven months.

It was further gathered that the PVCs were expected to be produced at a unit cost of N65.

THISDAY gathered that the electronic payment mandate for the production of the PVCs was routed through two banks, an Islamic Bank – JAIZ Bank – and the First City Monument Bank (FCMB) Limited between 2013 and 2014, which showed that ACT.Technologies charged with the production of the PVCs had been fully paid, but is yet to supply all the PVCs for the elections.

A breakdown of the payment mandate showed that INEC on February 14, 2013 paid the sum of N489,937,500 to ACT.Technologies, being part payment for the production of the PVCs. The money was paid through JAIZ Bank.
Another transfer of N585 million was made on July 16, 2013 to the company via FCMB; on June 11, 2013, N293,962,500 was effected through JAIZ Bank; while on August 13, 2013, INEC paid N130 million.
In addition, N234 million was paid to ACT.Technologies for the supply of 40 million PVCs through JAIZ Bank on January 24, 2014, while the last transfer of N590,871,418 was made on February 19, 2014.
All the electronic payment mandates were signed by the Secretary of INEC, Augusta Ogakwu; Director of Finance, Hajiya Salamatu Ibrahim; and Director of Budget, T.W. Afannga.
According to an INEC source, despite the full payment for the contract, a batch of PVCs were yet to be produced.
Shortly after the elections were postponed, Jega had informed the Senate that some 800,000 to one million PVCs had still not arrived the country from China.

Based on the electronic payments exclusively obtained from INEC by THISDAY, the transfers showed that over N2.6 billion was paid to the Nigerian company for the production and supply of over 68.8 million PVCs within a period of seven months

How did Tinubu's name got into the article


http://www.thisdaylive.com/articles/revealed-how-inec-paid-act-technologies-n2-6bn-for-production-of-pvcs/203993/


Fraudulent TaNOIDS...


Do you people see Tinubu in your WET dreams that you just insert his name into everything..?

No propaganda on the card reader will work. Why now and not two weeks ago?

Fraudulent 6 weeks tales by PDP GEJ moonlight! Sai Buhari!

They will loss

Jega is compromised already

You guys shouldn't derail the thread.

Tinubu is the owner of the ACT Technology, the company they awarded the Contract to.

This company has not supplied all the Cards, meaning Tinubu was aware of it and wanted the elections to continue.

From what I'm thinking, its possible Tinubu influenced the production to favour area where his party had strong membership.

Imagine, I was at INEC office to get my PVC but was asked to come back on the 22nd March, that it has not arrived. I saw them coming in with a new Batch of PVCs they just received.

This is happening in Bayelsa State. It goes to show they that many people will be disenfrancised still, if INEC decide to use only PVCs.

aresa:








How did Tinubu's name got into the article


http://www.thisdaylive.com/articles/revealed-how-inec-paid-act-technologies-n2-6bn-for-production-of-pvcs/203993/


Fraudulent TaNOIDS...


Do you people see Tinubu in your WET dreams that you just insert his name into everything..?

God bless you for BUSTING THEIR LIES!!!

Very soon, the other robots will rush in here and start yelling, "Tinubu, Buhari, GEJ til 858667"
And even worse, this will make front page without the MODS doing a simple fact-check!
Nairaland has gone to the dogs! Sad!

DIDN'T HEAR THAT TINUBU HAS INTEREST IN THE COMPANY ? YOU CAN NOT BE MAKE A JUDGE IN YOUR OWN CASE..............WHY WAS THE JOB AWARDED TO A COMPANY WITH APC INTEREST...........................

JEGA JEGA.........................JEGA .............. YOU ARE NOW OUR PROBLEM, YOU ARE NOT TO BE TRUSTED IN THIS EXERCISE THE AUTHORITY MUST LOOK INTO THIS AND BRIEF NIGERIA PP ACCORDINGLY.

[s]

drwebs:
You guys shouldn't derail the thread.

Tinubu is the owner of the ACT Technology, the company they awarded the Contract to.

This company has not supplied all the Cards, meaning Tinubu was aware of it and wanted the elections to continue.

From what I'm thinking, its possible Tinubu influenced the production to favour area where his party had strong membership.

Imagine, I was at INEC office to get my PVC but was asked to come back on the 22nd March, that it has not arrived. I saw them coming in with a new Batch of PVCs they just received.

This is happening in Bayelsa State. It goes to show they that many people will be disenfrancised still, if INEC decide to use only PVCs.

[/s]

How low will you people go all because you fear this innovation by INEC. I expect Fani "mouth-diarrhoea" Kayode to be the first to spill this kind of defence against the PVC if the facts above were correct.

WHY IS JEGA STILL IN INEC?

buharisambisada:
WHY IS JEGA STILL IN INEC?

because

Jega is corruption personified.
GEJ pls sack that Mallam Jega.
He has overstayed his welcome.

Hmmmm dy are just looking for a way to implicate Tinubu by all means.
God Pass Them