Fri. Jun 14th, 2024

Government has recovered over N3.7 billion from NDDC contractors, directors – Buhari

Spread the love

President Muhammadu Buhari says the EFCC and other law enforcement agencies have recovered over N3.7 billion as well as various assets worth billions of Naira from contractors and former directors of the Niger Delta Development Commission (NDDC). According to the Special Adviser to the President, Femi Adesina, the president disclosed this at the inauguration of NDDC Advisory Committee, comprising the nine governors of the Niger Delta Region and the Ministers of Niger Delta Affairs and Environment.

President Buhari said: ‘‘To date, the EFCC and other agencies of government have recovered over N3.7 billion in cash as well as various assets worth billions of Naira from some contractors and former Directors of the Commission.

‘‘Furthermore, I am told that Government agencies have placed liens on over N6 billion of assets which are being investigated. This is to enable us develop insights into the affairs of the Commission which will properly guide the Board when reconstituted once the Forensic Audit exercise on the Commission is concluded.

‘‘You may recall that the Federal Executive Council, on 5th of February, 2020 approved the appointment of the Lead Forensic Auditors. I am told they are concluding their pre-engagement activities and should be ready to commence work soon. “We do not want to criticise what has happened in the NDDC for quite some time, but the fact is that the cooperation between the states and the NDDC has not been strengthened overtime and we have various cases of duplication of projects that are not properly planned. But I believe that with the inauguration of this body we will be able to sit down, meet together, work in collaboration and supportively to bring greater developments to our people,’’ the President said.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.