The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Featured

NDDC Forensic Audit: We’ll Recover Every Kobo, Prosecute Culprits

Next Edition by Next Edition
December 30, 2021
in Featured
NDDC Forensic Audit: We’ll Recover Every Kobo, Prosecute Culprits
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

President Muhammadu Buhari has said “every kobo” will be recovered, following the conclusion of the forensic audit of the Niger Delta Development Commission (NDDC).

The President said this Thursday in Abuja while speaking at the virtual commissioning of the NDDC Prototype Hostel at the University of Uyo, Akwa Ibom.

You might also like

As Court Convicts Natasha, Validate Senate’s Power To Suspend

Rufai’s Death Deeply Painful — NSC

Give Equal Attention To PDWs In Election Reportage, Media Rights Agenda Urges journalists

Buhari said the concluded forensic audit was being reviewed with a view to recovering “every kobo that was recoverable”, while those found culpable would face the law.

He said it was regrettable that the special development fund of the entire region was squandered by a few for more than 20 years, leaving many in penury.

“The Niger Delta Development Commission needs to demonstrate that it can achieve the objectives it was conceived for and make its impact felt all over the Niger Delta Region. The lives of the people of the Niger Delta could be so much better, if the funding received by this commission since its inception, in billions of naira over the last 20 years, have been judiciously deployed in service of the people.

“The serial abuse, lack of delivery and what had become an entrenched institutional decay, was the reason why I called for the forensic audit. Therefore, going forward we shall ensure every recoverable kobo, is recovered for use in service of the people of this region and those found culpable shall face the Law.

“Consequently, I want to use the opportunity of this commissioning to direct all statutory contributors to the NDDC to remit all outstanding funds to the Commission, and to ensure this is done transparently and according to laid down procedure and process,” he said.

Buhari, in a statement issued by his spokesman, Femi Adesina, directed that all abandoned projects that directly impact the livelihood of the people should be revived and completed.

The President said the contract for the building of 1,050 capacity hostel for male and female students was awarded in 2004, and like many others, it was abandoned.

READ ALSO: FG Pays N16.67bn Accrued Pension Rights To 2021 Retirees

Buhari said across many public universities and institutions of higher learning children face accommodation challenges, while private investors were taking advantage of the gap to provide accommodation, unfortunately tasking the resources of parents and guardians.

“Many of them are located far away from school premises and come with their own peculiar challenges. It is good that such an infrastructure gap is being addressed, by providing accommodation for students that would be affordable, well built, and in a secure environment,’’ he said.

The President noted that the Vice- President, Prof. Yemi Osinbajo, on his behalf, commissioned the Special Protections Unit Base 6 Barracks in Omagwa, Rivers State, which was built and donated by NDDC to the Nigeria Police Force.

In his remarks, Sen. Akpabio said the completion of the NDDC headquarters complex and other projects clearly showed the President’s commitment to improving the livelihood of people in the Niger Delta.

The Sole Administrator of NDDC, Mr. Effiong Akwa, thanked the President for always honouring the institution by commissioning three projects in a year.

The Vice Chancellor of the University of Uyo, Prof. Nyaudoh Ukpabio Ndaeyo, and the Student Union also appreciated the President for the intervention, with presentation of awards. (The Punch)

Tags: auditBuhariForensicNDDC
Next Edition

Next Edition

Recommended For You

Natasha Akpoti-Uduaghan Condemns Plateau Killings, Demands Action

As Court Convicts Natasha, Validate Senate’s Power To Suspend

By. Ken Harries Esq   Since the suspension of the Senator representing Kogi Central Senatorial District, Senator Natasha Akpoti-Uduaghan, by the Senator Godswill Akpabio-led 10th Senate on March...

Tributes As Eagles Legend Rufai Dies At 61

Rufai’s Death Deeply Painful — NSC

    The National Sports Commission (NSC) has described as ‘deeply painful’ the passing of legendary Super Eagles goalkeeper and 1994 Africa Cup of Nations (AFCON) champion, Peter...

Civil Servants With Disabilities Appeal For Special Allowance

Give Equal Attention To PDWs In Election Reportage, Media Rights Agenda Urges journalists

  The Chief Executive Officer of Media Rights Agenda, Mr Edetaen Ojo, has urged media practitioners to give equal attention to persons with disabilities (PWDs) in media reportage...

S/East Group Seeks IPAC’s Support For 2023 Presidential Slot

Constitution Amendment: South-East Demands Rotational Presidency, Reserved Legislative Seats For Women

The people of the South-East have demanded for a constitution that allows rotation of presidency and grant full autonomy to Local Government in the country. They made the...

Next Post
Actress Mercy Johnson-Okojie Crlebrates Her Daughter On Her 9th Birthday

Actress Mercy Johnson-Okojie Crlebrates Her Daughter On Her 9th Birthday




Related News

100 Business Proposals To Receive N100m Grants From Osinbajo’s Friends

100 Business Proposals To Receive N100m Grants From Osinbajo’s Friends

Earthquake reported near North Korean nuclear test site

Earthquake reported near North Korean nuclear test site

‘I Am Still Alive’, Says Christian Chukwu

Authors Of Chukwu’s Rumoured Death Should Apologise To Nigerians — Ex-Rangers Players




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited