NDDC: Akpabio Speaks on Forensic Audit, Headquarters Building

-Says forensic audit will birth new Niger Delta
-NDDC headquarters to be completed in three months

The Minister of Niger Delta Affairs, Godswill Akpabio, has assuredly reiterated that the forensic audit of the Niger Development Commission (NDDC), will provide “a strong base upon which a new NDDC will emerge”.

Delta 2023: Esiso Should Resign Over Zoning Comments – DIAG

The former lawmaker quell fears surrounding the move, saying that the forensic audit is an opportunity and not a witch-hunt as feared by many stakeholders.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

He said the Presidential directive to carry out holistic examination of activities of the NDDC from its inception in 2001 to August 2019 “is not just in furtherance of the present administration’s policy agenda to check corruption but determined efforts to reposition the NDDC to change the narrative of the region”.

The minister gave the assurance during the inauguration of the Field Forensic Auditors on Thursday.

He revealed a total of eight Forensic Audit Firms have been cleared by the Bureau of Public Procurement (BPP) based on their technical competencies and financial compliance.

“Government’s effort at repositioning the Niger Delta region led to the formation of NDDC in 2000 by an Act of Law mainly to address the issues of Ecological and Socio-economic development problems at the region after many failed attempts,” he stated.

“Most of the problems that led to the failure of the previous Development Institutions created before which includes Niger Delta Development Board (NDDB) created in 1958 and Oil Mineral Producing Areas Development Commission (OMPADEC) in 1992 all failed because their operations were marred by lack of focus, excessive corruption, political interference and high overhead cost, which are still prominent in the present NDDC,” he lamented.

Continuing, he said “it is pertinent to have a forensic audit considering the amount of resources poured into the Commission over the years compared with the level of development recorded over the same period of time.

“The forensic audit of the Commission is supposed to examine and provide answers, as well as creating a framework for reversing the failures recorded in the past in order to recover those resources recoverable, plug the gaps and stop the waste that is keeping the region under developed.

“Therefore, the forensic audit should be seen as an opportunity and not a witch-hunt, it is considered as an important project by President Muhammadu Buhari Administration. It will also provide a strong base upon which a new NDDC will emerge.”

Leave a Reply

Photos From Wedding Of President Buhari’s Daughter, Hanan

FG Donates Relief Materials to Boko Haram, Flood Victims