President Muhammadu Buhari has revealed that N3.7billion has been recovered from the Niger Delta Development Commission (NDDC) contractors.
The Nigerian leader made this known on Tuesday at the inauguration of the NDDC Advisory Committee at the presidential villa in Abuja.
According to Buhari, the recovery was made by anti-graft agencies looking into the operations of the NDDC.
TheGiant understands that the committee comprises nine governors of states tied to the Niger Delta region and the Ministers of Niger Delta Affairs and Environment.
‘Till date, the EFCC and other agencies of Government have recovered over N3.7billion in cash as well as various assets worth billions of Naira from some contractors and former Directors of the Commission,” the president said, according to his media, Femi Adesina.
‘‘Furthermore, I am told that Government agencies have placed liens on over N6 billion of assets which are being investigated.’’
President Buhari charged members of the committee to discharge their new assignment diligently and effectively.
He said the decision to inaugurate the committee ahead of the reconstitution of the NDDC Board was to “enable us to develop insights into the affairs of the Commission which will properly guide the Board when reconstituted once the Forensic Audit exercise on the Commission is concluded.
‘‘You may recall that the Federal Executive Council, on the 5th of February, 2020 approved the appointment of the Lead Forensic Auditors. I am told they are concluding their pre-engagement activities and should be ready to commence work soon.’’
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