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Nairaland Forum / Nairaland / General / Politics / NDDC Forensic Audit Completed, Min. Of Justice To Review (7072 Views)
Forensic Audit Uncovers N3.3 Trillion Inflated Figure In Fuel Subsidy Claims / Buhari Receives NDDC Forensic Audit Report / Forensic Audit: NDDC Sends Top Officials On Compulsory Leave (2) (3) (4)
NDDC Forensic Audit Completed, Min. Of Justice To Review by presidency: 4:11pm On Sep 02, 2021 |
Remarks by Abubakar Malami, SAN, Honourable Attorney General of the Federation and Minister of Justice and Representative of President Muhammadu Buhari on the Presentation of the Report on the Forensic Audit of the Niger Delta Development Commission (NDDC) PROTOCOL I welcome you all to the presentation of the Report on the forensic audit of the Niger Delta Commission (NDDC), which report I am to receive on behalf of the President of the Federal Republic of Nigeria, President Muhammadu Buhari, GCFR. 2. You will recall the President had ordered for a holistic forensic audit of the activities of the Commission from inception to August 2019 in response to the yearnings of the people the Niger Delta Region to reposition it for effective service delivery. It is imperative to state that, 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. 3. It is on record that between 2001 and 2019, the Federal Government has approved N3, 375, 735,776,794.93 Three Trillion, Three Hundred and Seventy Five Billion, Seven Hundred and Seventy Six Thousand, Seven Hundred and Ninety Four Naira, Ninety Three Kobo as budgetary allocation and N2,420,948,894,191.00 Two Trillion, Four Hundred and Twenty Billion, Nine Hundred and Forty Million, and, Eight Hundred and Ninety Four Thousand, One Hundred and Ninety One Naira as Income from Statutory and Non Statutory Sources, which brings the total figure to the sum of approximately Six Trillion Naira given to the Niger Delta Development Commission. 4. 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. 5. The President is delighted that the auditors have now completed this exercise and the Report is today being presented. 6. Furthermore, the President is not oblivious of the interest generated by Stakeholders towards the forensic audit exercise and the agitation for the constitution of the Board of the NDDC. However, this Administration is determined to address challenges militating against the delivery of the mandate of the NDDC to the people of the Niger Delta Region. 7. It is in the broader context of the foregoing developments that the President recently signed into Law the Petroleum Industry Act (PIA) which has been a contentious issue over the years for successive Governments, to bring about the prudence and accountability in the Petroleum Sector and to give a sense of participation and ownership to the Host communities. 8. The Report on the forensic audit of the NNDC and your recommendations will therefore be critically analysed for necessary action and implementation. We owe it a duty to the people of the Niger Delta Region to improve their standard of living through the provision of adequate infrastructural and socio-economic development. 9. The welfare and socio- economic inclusion of the Niger Delta Region is paramount to the development and security of the Region and by extension the Country. Funds spent on development activities should as a consequence promote political and socio-economic stability in the Region. Citizens affected by these development projects should also exhibit the ability to contribute to the continuous progress of their immediate and wider communities by engaging in constructive activities that will sustain and supports these development projects. 10. It is evident that considerable resources have been channeled by the Federal Government to the development of the Niger Delta from 2001 to 2019. It is therefore important for the Federal Government and the public to be properly informed of what has been spent and how that has been spent. The essence of the forensic audit is to ensure probity and accountability in the use of public funds. It is against this background that the Federal Government will without hesitation strategically implement all aspects of the audit exercise that will promote probity and greater prosperity for the Niger Delta Region and Nigeria as whole. 11. The Federal Government is particularly concerned with the colossal loss occasioned by uncompleted and unverified development projects in the Niger Delta Region, in spite of the huge resources made available to uplift the living standard of the citizens. We have on record over 13,777 projects, the execution of which is substantially compromised. The Federal Government is also concerned with the multitudes of Niger Delta Development Commission’s bank accounts amounting to 362 and lack of proper reconciliation of accounts. 12. The Federal Government will in consequence apply the law to remedy the deficiencies outlined in the audit report as appropriate. This will include but not limited to initiation of criminal investigations, prosecution, recovery of funds not properly utilized for the public purposes for which they were meant for review of the laws to reposition and restructure the NDDC for the efficiency of better service delivery amongst others. In all these instances of actions, legal due processes will strictly be complied with. 13. The President has directed that the forensic audit report be forwarded to the Federal Ministry of Justice for a legal review and relevant Ministries, Departments and Agencies of Government will be engaged in doing justice to the findings accordingly. 14. I appreciate the Honourable Minister, Ministry of Niger Delta Affairs, Sen. (Dr.) Godswill Akpabio, his colleague Sen. Omotayo Alasoadura, the Interim Administrator, Management and Staff of the NNDC for their support towards the completion of the audit exercise. 15. My appreciation also goes to the Lead Forensic Auditors and the 16 Field Audit Firms for completing this exercise, as well as the Security Committee for securing the lives and properties of the Audit Firms throughout the duration of the forensic audit exercise. 16. Thank you and God bless Nigeria.
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Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Ayodekfarms(m): 8:17pm On Sep 02, 2021 |
FTC for the first time in years Abeg who do I send my Aza to? 6 trillion and so many uncompleted projects ![]() ![]() From the leaders to the followers, this country is cursed. Time to bring all those thieves to book or this report will be swept under carpet. Mr Buhari, time to audit the North-East development commission's account is now!!! 2 Likes |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Bornsinner7: 8:17pm On Sep 02, 2021 |
Ayodekfarms:for dog 1 Like |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Omoluabi1stborn: 8:17pm On Sep 02, 2021 |
Lol, nah aboki go review Forensic Audit? I'm sure nah one/group of southerner(s) go do the job 4 Likes |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Ethannathan(m): 8:18pm On Sep 02, 2021 |
O |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by GOFRONT(m): 8:18pm On Sep 02, 2021 |
Scam. After they are done with their wuru wuru, they are now coming out with a useless forensic document.... NDDC is a thief The Auditors are thieves. Attorney general is a thief. The reviewer is also a thief. 7 Likes |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by LibertyRep: 8:18pm On Sep 02, 2021 |
Minister of Justice to review. This is where the power play begins. Has anyone heard of Justice Salami's report on Magu? 10 Likes |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Franchise21(m): 8:19pm On Sep 02, 2021 |
OK |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by bigdammyj: 8:20pm On Sep 02, 2021 |
Noted |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by OmovuduTheBeast(f): 8:21pm On Sep 02, 2021 |
Failed country 1 Like |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by BritishAirways: 8:21pm On Sep 02, 2021 |
This audit shows that NIGERIA really cares about the Niger Delta more than anyother part of nigeria. This also show that the federal government isnt the problem but the people entrusted with their indigents collective wealth. Niger Delta Development Commission (NDDC) has been bedeviled by high-level corruption. I hope heads roll. It's time to see people behind iron curtains, it's time to see people in prison. 4 Likes |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by luxs(m): 8:22pm On Sep 02, 2021 |
Or duck 1 Like 1 Share |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Ancecoker(m): 8:22pm On Sep 02, 2021 |
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Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by RadleyLC(m): 8:22pm On Sep 02, 2021 |
What we at Radleylc is interested in, is first the auditors opinion on the financial statement and secondly the report made public so we make our own opinion. Cause we also don't trust auditors of government offices. 2 Likes 1 Share |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by LandMann: 8:23pm On Sep 02, 2021 |
Southern leaders are pure beasts of no training... They loot without regard and expect southerners to worship the ground they step on. Now the northern cabal have a report to blackmail the fools into doing their bidding for the next 10 years or more. Niger Delta is finished unless the people start ending those corrupt and miserable politicians 2 Likes |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by ObiOfOnistha: 8:23pm On Sep 02, 2021 |
Chronic unarmed robber reviewing the work of thieves 1 Like |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Akwaibomdude(m): 8:25pm On Sep 02, 2021 |
Ole... stupid audit after how many months |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Thinktwicemybro: 8:28pm On Sep 02, 2021 |
What is the result from the TAILOR investigation? You cannot sweep this under the carpet! 1 Like
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Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Frank150: 8:28pm On Sep 02, 2021 |
Story |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by popes001: 8:30pm On Sep 02, 2021 |
Six trillion naira since 2001 and the region still looks like Sudan. It is well. |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Coldie(m): 8:34pm On Sep 02, 2021 |
If they have nothing to hide let them make the findings public 1 Like |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by luizpippo(m): 8:34pm On Sep 02, 2021 |
BritishAirways: A report you have not seen already shows you this? Ijebu weed is not good for your health. 2 Likes |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by BritishAirways: 8:37pm On Sep 02, 2021 |
luizpippo: What about Delta stain ![]() |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by chatinent: 8:44pm On Sep 02, 2021 |
Mehn |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by amc: 8:48pm On Sep 02, 2021 |
Katakata don burst. ![]() N6trn and 13,777 dodgy projects later, most of the ND is still a slum. They will vomit it all. |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by VanuatuWycombe: 8:55pm On Sep 02, 2021 |
popes001: Very pathetic. And this is different from monthly allocation going to each state o. 13% derivation is there o. |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by UncleBone: 8:56pm On Sep 02, 2021 |
Hopefully the findings of this report will birth a new dawn for the Niger-Delta |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by sapientia(m): 9:00pm On Sep 02, 2021 |
No one has been arrested |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Xscape047: 9:17pm On Sep 02, 2021 |
Southerners your enemies are amongst you..... 1 Like |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Buckeyemedia1: 9:19pm On Sep 02, 2021 |
GOFRONT:Why are you these disturbed? Are you not Nigerian, Wouldn’t it be fair game to call your Father a Thief also? |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by Buckeyemedia1: 9:24pm On Sep 02, 2021 |
sapientia:What do you understand by sending it to The Ministry of Justice for review means to you? 1 Like |
Re: NDDC Forensic Audit Completed, Min. Of Justice To Review by tonyashburton: 9:25pm On Sep 02, 2021 |
Submitting an audit of the most corrupt parastatal in Nigeria to the most corrupt minister in Buhari's cabinet for 'review' is like leaving your 9 year old daughter in the hands of your paedophile neighbor because you want to travel abroad for a year. 1 Like |
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