WATCH THE VIDEO HERE The Federal Ministry of Finance has vehemently refuted recent online reports alleging irregularities in the award of contracts amounting to ₦13 billion between February and June 2024. In a statement on Monday, the Ministry dismissed the claims as “unfounded” and “malicious,” reaffirming its unwavering commitment to transparency and due process in all its operations. The online report suggested that the Ministry, under the leadership of Minister the Minister of Finance and Coordinating Minister of the Economy, Wale Edun and Permanent Secretary Mrs. Lydia Shehu Jafiya, violated procurement procedures. Responding with a firm denial, the Ministry emphasised that every contract awarded during the stated period, including those under the Presidential Initiative on Compressed Natural Gas (Pi-CNG), fully complied with the Public Procurement Act and all applicable laws.