President Muhammadu Buhari has ordered a criminal investigation into an approximated N6 trillion given to the Niger Delta Development Commission (NDDC) since 2001.
Recall that the President had ordered for a holistic forensic audit of the activities of the Commission from
from inception to August 2019 in response to the yearnings of the people of the Niger Delta region to reposition it for the effective service delivery.
Buhari gave this order today in Abuja after receiving the final forensic audit report from the Minister of Niger Delta Affairs, Sen. Godswill Akpabio.
The president was represented by the Minister of Justice and Attorney General of the Federation (AGF) Abubakar Malami.
Buhari stated: “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 be limited to the initiation of criminal investigations, prosecution, recovery of funds not properly utilized for the public purposes for which they were meant for amongst others.
“In all these instances of actions, legal due processes will strictly be complied with.”
According to the President, the forensic audit report will be forwarded to the Federal Ministry of Justice for a legal review and relevant Ministries, Departments and Agencies (MDAs) of government will be engaged in doing justice to the findings accordingly.
Buhari disclosed that it is on record that between 2001 and 2019, the federal government has approved three trillion, three Hundred and Seventy-five billion, seven hundred and seventy-six thousand, seven hundred and
ninety ninety-four naira, ninety-three kobo as budgetary and 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 sum to six trillion naira given to the Niger Delta Development Commission.
He said it was also on record that the execution of over 13, 777 projects in the oil-rich region was substantially compromised.
Buhari noted that the Federal government is also concerned about multitudes of Niger Delta development commission’s
bank accounts amounting to 362 and lack of proper reconciliation of accounts.
He stated 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.
Buhari said he was 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.
He went on: “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.
“It is in the broader context of the foregoing developments that I recently signed into law the Petroleum Industry Act (PIA) which has been 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.”
According to him, the report on the forensic audit of the NNDC and recommendations will 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.
“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,” Buhari added.
