The Director, Finance and Accounts of the
National Civil Aviation Authority (NCAA),
Mr Salau Ozigi on Tuesday maintained that
the purchase of the two bulletproof BMW
vehicles for the minister of aviation was
carried out following the “usual process of
lease arrangements”.

“All the procurement processes was
followed from the office of the NCAA to the
office of the supervising ministry” he added.
He however noted that transaction was not
done on an “outright purchase” system
adding that it was “done by an auto lease
arrangement with First Bank of Nigeria
Ltd”.

He said 22 banks submitted bids to carry
out the lease arrangement but three banks,
First Bank, Stanbic IBTC and Union Bank,
were chosen after their bids were critically
analysed and First Bank was eventually
awarded the contract.

The vehicles, which according to Ozigi,
were included in the 2013 NCAA Budget
under the Safety and Security Vehicles,
have been supplied by Messrs Coscharis
Nigeria Limited and are parked at the NCAA
office in Abuja.

He blamed the economics of demand and
supply on the high price of the vehicles
noting that “only Messrs Coscharis Nigeria
Limited is the only authorised dealer or
supplier of BMW of this nature” insisting
that “there is a lot of economics of demand
and supply in this regard”.

Ozigi further noted that there is a price
monitoring unit within the agency
responsible for ensuring the value for
money is gotten for whatever is paid for by
the agency, adding that fees for the four
year warranty, clearance and maintenance
of the vehicle, including “some other
things” could have been considered to get
the value for vehicles.

Debunking the claim that money budgeted
for the procurement has been overspent he
said “on this arrangement, NCAA has been
committed to the payment of N23.2 million
or there about on a monthly basis” noting
that “NCAA has made a payment of N52
million up till the end of September”
insisting that it is within the threshold of the
amount appropriated for 2013.


www.channelstv.com/home/2013/10/30/due-process-was-followed-in-purchase-of-bulletproof-cars-ncaa/

So if they followed due process, why are some ppl shouting that Stella should be sacked/resign.


If due process wasn't followed why are the same set of people not asking for the sack/resignation of people /agency involved?

That's called selective justice, that's why most people believe it's tribal.


If the same set of people calling for the sack of Stella had instead call for the sack of all the people involved (if it was actually fraud) then we would all know they are against corruption.


The truth is they

#TEAMODUAHMUSTSTAY

The part still conspicously missing in all the stories so far is the part that said that Odua arm twisted the NCAA to procure the vehicles. Has any body collaborated that witch hunting story from sahara reporters and their yoruba sponsors?

Oh, so now the car is leased on a monthly basis. Ok, N23.2millon x 2 cars= N56.4million. But, bros claim say dem Don pay only N52million at the end of September. Ok, no problem. Now, let's convert this amount to Dollars. Lmaoo who leases a car for hundreds of thousands of Dollars a month? They really think u Nigerians are dummies.

This ChanelsTV news is toxic to some haters.
This is not what they expect to hear. whatever, Oduah is a performer and must retain her job

kingoflag: Oh, so now the car is leased on a monthly basis. Ok, N23.2millon x 2 cars= N56.4million. But, bros claim say dem Don pay only N52million at the end of September. Ok, no problem. Now, let's convert this amount to Dollars. Lmaoo who leases a car for hundreds of thousands of Dollars a month? They really think u Nigerians are dummies.

This is not just a car. The armoured car in question is a highly speciallized and customized security car. Get that into ur ears

So for all the NOISE, media frenzy and hullabaloo, only N52 million has been paid for the vehicles so far? 9ja emergency anti-corruption activists, I dey salute oh!

Sincere 9gerian: So for all the NOISE, media frenzy and hullabaloo, only N52 million has been paid for the vehicles so far? 9ja emergency anti-corruption activists, I dey salute oh!

oooh my Gaaaad.

[size=16pt]Those shameless tribalists at Premium times,Sahara report and Osun Defenfers can write their junk journalism. Who reads their crap these days anyway?

Unlike what they had us believe initially, We now know reputable Nigerian banks were involved in the process, Car dealers in Nigeria were invited to bid for the type of equipment sought and a winner who had the capacity to supply such specialized vehicles emerged and a lease financing option was agreed upon. First down payment was made and the vehicles were ordered by the dealer and delivered to NCAA.

It is a shame how low some people can go in their calumny against the Honorable Minister of Aviation!

Shame on you!
[/size]

Enugu Airport is really killing some people