EFCC Probes28 Companies Over Alleged Contract Irregularities at Ogun-Oshun River Basin Authority.The Economic and Financial Crimes Commission (EFCC) has launched an investigation into28 companies over alleged contract irregularities at the Ogun-Oshun River Basin Development Authority (O-ORBDA). The probe follows a petition by three executive directors of the authority, who raised concerns about serious violations in the2025 procurement cycle, including skewed project allocation, inflated cost estimates, and breaches of procurement procedures.EFCC Investigation and Alleged ViolationsThe EFCC probe targets companies suspected of involvement in contract irregularities, such as awarding contracts without transparent bidding and using inflated cost estimates. The executive directors reported that over ₦40 billion out of a ₦45 billion budget was allocated to Ogun State, leaving Osun, Oyo, and Lagos States at a disadvantage. They also alleged that the lowest responsive bidders were not awarded contracts in several cases and that mandatory procurement of solar pumps and related components was directed to a specific vendor, violating open competitive bidding rules.Key Allegations and Demands for Accountability- Skewed project allocation favoring Ogun State.Inflated cost estimates, with some exceeding100% of comparable2024 project costs.Contracts awarded without transparent involvement of all Parastatal Tenders Board (PTB) members.Mandatory procurement from a specific vendor, violating procurement laws.The executive directors have called for a forensic audit of all bid documents, Bills of Quantity, evaluation reports, and procurement planning reports. They urged the Bureau of Public Procurement (BPP) to suspend execution of the2025 contracts pending review and to invalidate any approvals granted through irregular PTB sessions. The EFCC investigation is expected to determine the extent of the irregularities and apply sanctions as provided under the Public Procurement Act.Ongoing Concerns and Transparency CallsThis probe highlights ongoing concerns about transparency and accountability in public procurement at the Ogun-Oshun River Basin Development Authority. The investigation underscores the need for strict adherence to procurement laws and ethical standards in government projects.This version uses a keyword-rich headline, clear subheadings, and integrates primary keywords such as “EFCC probe,” “Ogun-Oshun River Basin Authority,” “contract irregularities,” and “procurement cycle.” The content is structured for both readability and search engine optimization, with bullet points and concise summaries for key allegations and demands.