Skip to content
September 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • World Bank debars two Nigerian companies for fraud
  • Business & Economy

World Bank debars two Nigerian companies for fraud

Admin February 6, 2019

World Bank debars two Nigerian companies over fraud

World Bank debars two Nigerian companies over fraud

The World Bank Wednesday debarred two Nigerian waste management companies and their owner for five years for “engaging in fraudulent practices” involving a project in Nigeria.

The two companies, Rojoke CNE Services Ltd. (Rojoke) and CNE Environmental & Waste Services Ltd. (CNE), and their owner, Robinson Ekenedilichukwu Ojoko, are ineligible to participate in World Bank-financed projects during the debarment.

Ojoko, on behalf of his companies, admitted to participating in “underlying sanctionable practices,” the World Bank said.

The $200 million World Bank-financed project was designed to bring jobs and better public budgeting in the states of Bayelsa, Edo, Delta, and Rivers in Nigeria.

Ojoko was an employee of the Delta state government agency in charge of implementing the project when Rojoke and CNE bid for two waste collection contracts under the project.

Both companies misrepresented Ojoko’s ownership interest in their bids, and Ojoko and the two companies submitted false documents in the bidding process.

The activity of Ojoko and the two companies was a “fraudulent practice” under World Bank procurement guidelines.

Ojoko and his companies are cooperating with the World Bank Group Integrity Vice Presidency and have committed to develop an integrity compliance program.

Wednesday’s debarments qualify for cross-debarment by the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the African Development Bank. FCPABlog

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: CNE Environmental & Waste Services Ltd. Robinson Ekenedilichukwu Ojoko Rojoke CNE Services Ltd. World Bank

Post navigation

Previous PSC deploys 37 police commissioners; Zubairu is new Lagos CP
Next Do Not Deliberately Disenfranchise Nigerians PDP Tells INEC, Calls For Extension of PVCs collection

Related Stories

Honeywell to help build Dangote’s new Kenyan mega-refinery William Ruto
  • Business & Economy

Honeywell to help build Dangote’s new Kenyan mega-refinery

September 30, 2026
Dangote to begin construction of $16 billion East Africa refinery in Kenya Aliko Dangote
  • Business & Economy

Dangote to begin construction of $16 billion East Africa refinery in Kenya

September 30, 2026
NGX Group Chairman Woos East African Investors for Upcoming Dangote Refinery IPO
  • Business & Economy
  • National News

NGX Group Chairman Woos East African Investors for Upcoming Dangote Refinery IPO

September 29, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NNPC Limited Hits Five-Year Production High, Targets 3 Million Barrels Per Day by 2030
  • National News

NNPC Limited Hits Five-Year Production High, Targets 3 Million Barrels Per Day by 2030

September 30, 2026
ILO Urges African Trade Unions to Expand Women’s Leadership, Address Workplace Inequality COVID-19
  • National News

ILO Urges African Trade Unions to Expand Women’s Leadership, Address Workplace Inequality

September 30, 2026
Nigeria’s Dangote breaks ground on $16 billion East African oil refinery in Kenya William Ruto
  • National News

Nigeria’s Dangote breaks ground on $16 billion East African oil refinery in Kenya

September 30, 2026
Honeywell to help build Dangote’s new Kenyan mega-refinery William Ruto
  • Business & Economy

Honeywell to help build Dangote’s new Kenyan mega-refinery

September 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.