The World Bank has blacklisted six Chinese companies currently operating in Nigeria over alleged fraud and corruption.
The companies, according to an announcement published on the World Bank’s website, are CCECC Nigeria Railway Company Ltd, CRCC Petroleum and Gas Company Ltd and CCECC Nigeria Company Ltd.
Others are China Railway Construction International Nigeria Company Ltd, China Railway 18th Bureau Nigeria Engineering Company Ltd and CCECC Nigeria Lekki FTA Company Ltd.
The six companies were among several firms from different parts of the world that were sanctioned by the bank.
The companies, which were accused of violating the global bank’s procurement guidelines, would not be eligible to be awarded any World Bank contracts between June, 2019 and March, 2020.
