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Nigerian President Olusegun Obasanjo suspended on Monday all recent commercial contracts, licences, awards, approvals and appointments made since January by the outgoing military administration, news reports said.
In a statement announcing the suspension, Obasanjo’s special assistant on media publicity, Doyin Okupe, said it did not affect judicial appointments, ‘The Guardian’ of Lagos reported on Tuesday.
Obasanjo said he would set up a panel to review all contracts and awards. The most controversial include the award of off-shore oil concessions to 11 local firms, a number of ambassadorial appointments, a project to build the new Central Bank of Nigeria headquarters in Abuja and the construction of a new defence headquarters, the newspaper reported.
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