FG recovers N3.7bn funds from NDDC contractors, ex-directors

FG recovers N3.7bn funds from NDDC contractors, ex-directors


The Nigerian government has announced the recovery of over N3.7 billion from contractors and former directors of the Niger Delta Development Commission (NDDC).


President Muhammadu Buhari who disclosed this, on Tuesday in Abuja, at the inauguration of NDDC Advisory Committee, said the money was recovered by Law enforcement agencies in addition to other sundry assets worth billions of Naira.

The Committee is made up of nine governors of the Niger Delta Region and the Ministers of Niger Delta Affairs and Environment.

Speaking at the ceremony, the president said: “To date, the EFCC and other agencies of Government have recovered over N3.7 billion in cash as well as various assets worth billions of Naira from some contractors and former Directors of the Commission.

Addressing the Committee, the Nigerian leader stated that these abuses of the past clearly showed the need for strict and diligent oversight, going forward.

He charged them to discharge the new assignment diligently and effectively, working closely with the relevant ministries, adding that he looked forward to seeing positive changes in the affairs of the Commission as well as on the ground in the Niger Delta region.

A statement issued by Femi Adesina, Special Adviser to the President (Media & Publicity), Buhari, recalled that in 2016, his administration launched the “New Vision for the Niger Delta (NEVIND)”, aimed at bringing sustainable peace, security, infrastructure and human capital development to the region.

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He said the medium to achieve this noble objective was through the Ministry of Niger Delta Affairs, NDDC and the Presidential Amnesty Programme (PAP).

Niger Delta state governors present at the inauguration were Nyesom Wike (Rivers), Rotimi Akeredolu (Ondo), Godwin Obaseki (Edo), Duoye Diri (Bayelsa), Udom Emmanuel (Akwa Ibom), and Ben Ayade (Cross River) while Abia and Imo States governors were represented by their deputy governors at the meeting.

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