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  • Updated: September 02, 2021

FG To Prosecute Officials Who Stole NDDC Funds

The Federal Government will probe and prosecute those behind the mismanagement of funds meant for the development of the Niger Delta region.

The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, made this known in his remark after receiving on behalf of President Muhammadu Buhari, the report on the forensic audit of the Niger Delta Commission (NDDC).

Malami said the huge gap between invested resources without commensurate infrastructural development called for the forensic audit of NDDC.
 
The report was presented to Malami by the Minister of Niger Delta Affairs, Senator Godswill Akpabio.

“The call for the audit by the people of the Niger Delta Region arose from the huge gaps between resources invested in the region vis a vis the huge gap in infrastructural, human and economic development.

“It is on record that between 2001 and 2019, the Federal Government has approved N3. 3 Trillion as budgetary allocation.

“A total of over N6 trillion was given to the NDDC.

“Consequently, the Federal Executive Council (FEC) approved the engagement of a Lead Forensic Auditor, as well as 16 reputable Audit Firms to conduct the audit exercise.

“The President is delighted that the auditors have now completed this exercise and the Report is today being presented”.

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Ridwan Yusuf
Ridwan Yusuf

Ridwan is a trained Communicator who provides professional coverage of general news and sports. ...

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