Ferrari’s first fully electric car, the Luce, has made automotive history after a bespoke version of the vehicle sold for a record $40 million at a charity auction in California.

The tailor-made Ferrari Luce “Chassis 0” was sold during Monterey Car Week on Saturday, becoming the most expensive new car ever sold at auction, according to collector car auction company RM Sotheby’s.

The winning bid was 36 times the car’s original estimate of $1.1 million.

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Ferrari USA celebrated the landmark sale in an Instagram post, saying, “The bids kept climbing. Then, history was made,” while describing the transaction as a new record for the highest-priced new car ever sold at auction.

The sale comes months after Ferrari unveiled the Luce in May. The electric model features a distinctive bubble-like design that differs significantly from the Italian automaker’s traditional angular styling and has received mixed reactions from some Ferrari enthusiasts.

Ferrari previously described the Luce as “a different sort of Ferrari for a different sort of Ferrari client.”
The Luce is powered by four electric motors, with one motor driving each of its four wheels.

The exclusive “Chassis 0” features a pearl-like semi-gloss finish with a personalised pigment that produces changing reflections ranging from green to violet when struck by light.

Its interior is equally distinctive, featuring Perla Le Mans metallic leather and black design elements against a predominantly white background.

Ferrari said proceeds from the record-breaking auction will go to The Ferrari Foundation to support educational initiatives.

Following the auction, the vehicle will return to Maranello, northern Italy, where it was built, before being delivered to the unnamed winning bidder in the first quarter of 2027.

Meanwhile, deliveries of the regular Ferrari Luce, priced at about €550,000 ($640,000), are expected to begin in the fourth quarter of 2026.

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has sensitised 100 staff members of the Lake Chad Research Institute (LCRI), Maiduguri, Borno State, on the need to uphold integrity, accountability and transparency in public service.

The Commission disclosed this via its X account on Monday, following a one-day anti-corruption education workshop organised at the institute’s conference hall.

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The programme, themed “Promoting Integrity, Accountability, and Transparency in Public Service: The Role of Staff in Combating Corruption,” was aimed at equipping the institute’s workforce with knowledge of ethical standards and corruption prevention strategies.

Speaking during the programme, the Executive Director of the Lake Chad Research Institute, Professor Babagana Kabir, reaffirmed the institute’s commitment to transparency and collaboration with anti-corruption agencies.

Kabir urged staff to embrace professionalism and integrity, warning that corruption undermines institutional effectiveness, research development and public confidence in government institutions.

The Resident Anti-Corruption Commissioner, Mr Linus Gubbi, highlighted the strategic importance of the Lake Chad Research Institute to Nigeria’s socio-economic development, particularly its contributions to agricultural research, crop improvement and land-use strategies that affect food security across the Lake Chad Basin.

Gubbi warned that vital public research could not thrive in an environment affected by corrupt practices.

He noted that when public resources, research grants or administrative processes are compromised through favouritism, procurement irregularities or financial opacity, citizens who depend on the institute’s innovations ultimately suffer the consequences.

The RACC stressed that the fight against corruption is not the sole responsibility of anti-corruption agencies but a collective duty that begins with individual public officers.

A lead paper titled “Anti-Corruption and Work Ethics in Organisations” was presented by ACS Abba Dzikwi.

The presentation examined the legal framework for combating corruption, various forms of corrupt practices in public institutions and the consequences of unethical conduct.

It also emphasised the importance of strong work ethics to organisational efficiency, effective service delivery and national development.

Participants subsequently engaged the ICPC team during an interactive question-and-answer session, seeking clarification on reporting mechanisms, whistleblowing procedures and the Commission’s mandate.

The ICPC team reiterated the importance of confidentiality in handling corruption reports.

Gubbi also encouraged the institute to strengthen its internal controls and transparency mechanisms, assuring the management of the Commission’s readiness to provide guidance and support for institutional integrity initiatives.

In his concluding remarks, he urged participants to go beyond merely receiving the sensitisation and instead put the lessons into practice by challenging unethical practices and promoting a culture of service that reflects the highest standards of the Nigerian Public Service.

The Kano State Government has announced the completion of 867 projects across the state under the administration of Governor Abba Yusuf.

The Commissioner for Public Procurement, Projects Monitoring and Evaluation, Nura Maaji, disclosed this during a media briefing in Kano on Sunday.

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Maaji said the completed projects represent 55.68 per cent of the 1,557 projects undertaken by the administration since its inception, while about 42 per cent of the projects are still ongoing.

According to him, the projects have a cumulative contract value of N996.29 billion, with N695.20 billion approved through Notices of No Objection and N444.75 billion in payment certificates vetted by the ministry.

He said the projects cut across several sectors, including urban infrastructure, rural development, mass housing, roads, bridges, healthcare, education, traffic management and other public infrastructure.

The commissioner disclosed that the eight metropolitan Local Government Areas accounted for 598 projects valued at N299.36 billion, while the 36 rural LGAs accounted for 653 projects valued at N287.90 billion.

He added that cross-cutting projects covering more than one LGA were valued at N159.50 billion, while statewide and other interventions amounted to N249.54 billion.

Maaji listed some of the major projects as the approximately N113.19 billion mass housing scheme at Rijiyar Gwangwan in Dawakin Kudu, N24.77 billion Katsina Road expansion in Fagge and Dala LGAs, and the N21.90 billion Modern Cities infrastructure programme.

Others include the N27.74 billion Madobi-Yako-Kafin Maiyaki-Kiru Road intervention and the N22 billion Rural Model City Project covering the 36 rural LGAs.

However, Maaji said the Dawakin Kudu Mass Housing Project and the Rural Model City Housing Project were among high-value projects still awaiting relevant due process procedures.

On financial oversight, he said N444.75 billion in payment certificates had been vetted, representing 44.64 per cent of the cumulative contract value and about 63.97 per cent of the N695.20 billion approved through Notices of No Objection.

The commissioner said the ministry would continue to monitor project implementation, address bottlenecks and strengthen certification processes to ensure value for money.