Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,721 members, 7,955,700 topics. Date: Sunday, 22 September 2024 at 01:16 PM |
Nairaland Forum / Nairaland / General / Politics / 187 Million Naira Bullet Proof Vest Contract Scam (3445 Views)
Simon Ekpa Wore Bullet Proof Vest To Biafra Referendum Convention.. / Do DSS ON Suit Wear Bullet Proof Vest? / Kayode Fayemi Wears Bullet Proof Vest Under His Buba For Campaign. Photos (2) (3) (4)
187 Million Naira Bullet Proof Vest Contract Scam by rozayx5(m): 8:36am On Oct 18, 2018 |
so i was reading a thread on the Paris refund delay, then at the end of the news i saw something that grabbed my attention 600 Bullet proof vests for 187M naira, out of curiosity i decided to do a little research into why the value was so large for a small number of vests
from what i found one Bullet proof vest cost 120$ and with Shipping maximum of 30$ each thereby pegging the value of each vest at 150$ Max 600 vests would cost 90k USD at 150usd each 90KUSD = 32.4M naira the Total sum for the contract when converted to Dollars is 519,000 USD it would cost at 865$ per vest to arrive at this figure Was a contract of 33 to 35M naira inflated to 187M naira before our very eyes that is left for you to find out this is just a tip of the ice berg of the ongoing looting under this current admin cc lalasticlala 18 Likes 6 Shares
|
Re: 187 Million Naira Bullet Proof Vest Contract Scam by MeanChris(m): 8:39am On Oct 18, 2018 |
O setigo It's a thread Wonderful things are happening in this administration The eight wonder of the world for me is not even the fact that we elected Buhari, despite all the warnings.. (I preached him like religion in 2015), but is the fact that some people are still clamouring for him to continue. God forbid Even if Atiku/Obi doesn't get it right, we'll vote them out too. We can do it now, Thanks to GEJ 12 Likes 1 Share |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Shookonekilla: 8:44am On Oct 18, 2018 |
Off course we all know buharis government is the worst and most corrupt ever So this isn't news 8 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by pacino26(m): 8:49am On Oct 18, 2018 |
This is kwarupshan on astronomical level. Though I know there's a 30% mark-up courtesy of some BPP rules but this is much na. Like 400% increment. Anyway this is Nigeria and even the APC president is a ............... 6 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by ngadaAwo: 8:52am On Oct 18, 2018 |
this is the worst government in the history of mankind it shall never be well all those supporting this government cc cilicmarin ngeneukwenu sarrki midolian seunmsg madridguy passingshot deomelo Butterflyle0 6 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by MeanChris(m): 8:54am On Oct 18, 2018 |
pacino26: 400%? Bros, that thing is amost 600% increase 7 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Nbote(m): 8:56am On Oct 18, 2018 |
Una neva see anything... If dis is their definition of integrity, I wonder what would happen wen dey define corruption.. Watch zombies either come here to defend and tell U how dey are going to b customised and of d best quality or completely avoid d thread outrightly 5 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Omeokachie: 8:58am On Oct 18, 2018 |
APC = Government of corruption, for the corrupt, and by the corrupt. These looters want us to keep them in office so they can auction off Nigeria. We say to further destruction of the nation. I am Atikulating to rescue Nigeria. 4 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Nobody: 9:12am On Oct 18, 2018 |
APC = party of corruption... one day Yorubas will regret ever supporting this lunatic. 4 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Nobody: 9:15am On Oct 18, 2018 |
Good job brother. This is not an APC thing. We've been padding contracts since 1914. The people we refer to as old money, are beneficiaries of padded contracts to the tune of millions when the value of the Naira was (almost) on par with the US Dollar 2 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Nnemuka(f): 9:17am On Oct 18, 2018 |
Mr Integrity uses tax payers 80million naira to cut his hair and by the way, theirs a kickback of 25% to the minister in charge of awarding that contract. Ask another APC saint called Ganduje... If you know, you know 9 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Nobody: 9:22am On Oct 18, 2018 |
i will like to get the full details of the contract. I don't like to draw conclusion from preliminary information. |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Nobody: 9:22am On Oct 18, 2018 |
"How are you going to sort out the 13 million out of school children?" - "We are figthing corruption." "How are you going to upgrade the hospitals?" - "We are figthing corruption." "How are you going to improve the economy to realise GDP of 5-7%?" - "We will fight corruption." "How are you going to create jobs?" - "We will fight corruption." "When are you going to reform the police?" - "Fight corruption." "When are you going to sort out the killings across the middle belt?" - We will fight corruption first." "Electricity?" - "Anti- corruption." 7 Likes 1 Share |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Kenekingisback: 9:31am On Oct 18, 2018 |
Buhari ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh 3 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by KanwuliaMama: 9:33am On Oct 18, 2018 |
Still on APC fighting corruption? 3 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by rozayx5(m): 9:41am On Oct 18, 2018 |
Shookonekilla: Lalasticlala 3 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by rozayx5(m): 10:24am On Oct 18, 2018 |
Mods oh 3 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by seborrhic: 10:36am On Oct 18, 2018 |
You lots are funny. Why do you all think Buhari and APC are desperate to retain power at all costs? Its simply because him and his cronies know that if he loses and the next government probes them,the revelations would leave people in trauma. Not just in corrupt practices but the heinous acts and plans against the Nigerian state and people. 7 Likes 1 Share |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Omololu001: 10:50am On Oct 18, 2018 |
This is terrible. We need a SNC. 4 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by rozayx5(m): 12:12pm On Oct 18, 2018 |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by fergie001: 12:28pm On Oct 18, 2018 |
Chaiiiiiii 1 Like
|
Re: 187 Million Naira Bullet Proof Vest Contract Scam by MeanChris(m): 2:10pm On Oct 18, 2018 |
This thread should be moved to frontpage, let's discuss this issue. We need accountability from our officers. 2 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by rozayx5(m): 2:15pm On Oct 18, 2018 |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by hyuga(m): 5:11pm On Oct 18, 2018 |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Pekele007: 5:16pm On Oct 18, 2018 |
Cc lalasticlala |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by greatcrown: 5:30pm On Oct 18, 2018 |
I'm sure you will not rely on China Bulletproof vest for your safety. I'm just wondering why you will use China standard as a reference. I think you will do well to find average between highest cost and lowest cost and factor in a reasonable profit margin for the contractor. You may check this site out and compare price of bulletproof relative to China spec product you posted. http://www.bulletblocker.com/bullet-proof-vests-and-body-armor.html 2 Likes |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Nobody: 5:37pm On Oct 18, 2018 |
Buhari and his stu.pid paper integrity. Ba damuwa (no problems) Za mu chi buro urban shi shekara mai zuwa a gaba (we'd deal with him next year) |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by MeanChris(m): 5:37pm On Oct 18, 2018 |
greatcrown: Ok let's be reasonable and say they went for the ones of $600 (which is highlyyyy unlikely) let's say the whole cost is $700 per unit. 700 x 600 x 361 = #151.62m Deficit: 187 -- 151.62 = #36m. This one na jara money abi?? This administration is doing wonders And going for the ones of $600 is highly unlikely. This is Nigeria! 1 Like |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Richiez(m): 5:51pm On Oct 18, 2018 |
Hmmm |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Obaiyski(m): 6:09pm On Oct 18, 2018 |
They loot our treasury via contract and procurement People still believe that Buhari is fighting corruption. Mitcheww |
Re: 187 Million Naira Bullet Proof Vest Contract Scam by Obaiyski(m): 6:13pm On Oct 18, 2018 |
rozayx5:How I wish you will take this to US embassy Nigeria Facebook page for them to take note. They think they know Nigeria well |
News Alert: Okorocha And Son In-law Dump Apc For Sdp / Five APC Governors Working For Atiku - Leaders. Ng / You Must Not Attack Herdsmen - Buhari Warns Nigerians
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 32 |