President Buhari receives NDDC Forensic Audit Report


The minister of Niger Delta affairs, Godswill Akpabio has submitted the final report of the forensic audit of the Niger Delta Development Commission (NDDC) to President Muhammadu Buhari.

In 2019, following several allegations of corruption in the agency, President Buhari ordered a forensic audit of the NDDC’s operations from 2001 to 2019.

The report which was submitted on Thursday was received on the President’s behalf by Attorney General and Minister of Justice, Abubakar Malami.

According to Malami,  the audit was to ensure accountability in the approximately N6 trillion Naira approved as budgetary allocation to the Niger Delta since the establishment of the commission in 2001.

He said,

“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 (N6,000,000,000,000) given to the Niger Delta Development Commission,”

On his part, Niger Delta Affairs Minister, Godswill Akpabio disclosed that the forensic audit covered a total of 13,777 contracts.

In the report, the auditors recommended, among others, the downsizing of the NDDC board as a part time rather than a full-time appointment, recovery of $4 billion dollars still with oil companies and review of the NDDC master plan.

Abisola Adebayo is a Reporter/Presenter/Social Media Manager for Tv360Nigeria. She is a first class graduate of the department of Mass Communication at Fountain University, Osogbo. Abisola is currently running her Masters Degree at the University of Lagos. The Social Media savvy young lady is ambitious and driven, likes trying new things and sets new goals for herself. Always looking for an opportunity to do better and achieve greatness.

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