FEC approves N722.3m for Forensic Audit of NDDC

FEC approves N722.3m for Forensic Audit of NDDC

The Federal Executive Council, FEC yesterday approved N722.3 million for the Niger Delta Development Commission to carry out a forensic audit in a virtual FEC meeting presided over by President Muhammadu Buhari.

Mr Godswill Akpabio, the Minister of Niger Delta Affairs, brought this to light after the meeting. According to him, the field auditors will conduct a detailed forensic audit of the NDDC activities in the states assigned to them and ascertain total funds and resources paid to contractors for all projects.

The minister equally disclosed that the auditors have been charged to look into the 12,000 abandoned projects by the NDDC in the Niger Delta.

Read also: Buhari criticize Justice System, proposes one-year limit for criminal cases

His statement below…

“By the time I assume office in August 2019, we discovered there was no budget for the NDDC for the year 2019 up to that September.

“So, we submitted two budgets in November to the National Assembly. And it took quite a while until in April. The budget details were given out to the NDDC in April, to end 31st of May, less than six weeks.

“Unfortunately, the National Assembly is right now on leave and the budget of NDDC for 2020 has not been passed. So, to enable us to move forward with the exercise and complete it on time, Mr President graciously directed and approved that the payment for the forensic exercise should be undertaken through the Presidency.”

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