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World Bank Blacklists 59  Nigerian Firms, Individuals Over Corruption

The World Bank has excluded 59 Nigerian firms and individuals from participating in its projects due to involvement in corrupt practices and other procurement violations.

This action, detailed in the ‘World Bank Listing of Ineligible Firms and Individuals Notes on Debarred Firms and Individuals’ on their website, includes 39 companies previously banned by the African Development Bank and 19 individuals under the World Bank’s cross-debarment policy.

The list, updated every three hours, currently comprises 1,210 entities worldwide. Those listed, based in Abuja, Lagos, Kano, Delta, Kaduna, Enugu, and other Nigerian locations, are ineligible to apply for World Bank-funded projects.

Some of the barred entities include AG Vision Construction Company, Maxicare Company Nigeria Limited, BestScan, Beulah Universal Link Resources Limited, Salilu Shehu Ahmad Tijani, Okafor Glory (Director of Unique Concepts Enterprises), China Zhonghao Nigeria Limited, Bamidele Obiniyi, and 51 others.

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