TUE, MARCH 10 2020-theG&BJournal- President Muhammadu Buhari Monday inaugurated the Niger Delta Development Commission (NDDC) Advisory Committee, ‘’in line with the provisions of S11 (1) of the NDDC establishment Act.’’
According to President, the purpose of the Advisory Committee ‘’is to enable us develop insights into the affairs of the Commission, which properly guide the Board when reconstituted, once the forensic audit of the Commission is concluded.’’
The NDDC is one of the critical agencies for the implementation of the President Buhari Administration’s New Vision for the Niger Delta (NEVIND),’’ which aims at bringing sustainable peace, security, infrastructure and human capital development to the region.
The President noted that even as the forensic audit is set to commence, officials of the Economic and Financial Crime Commission (EFCC) and other government agencies have already recovered more than N3.7 billion in cash, and assets worth billions of Naira, from contractors and former Directors, as well as placed liens on more than N6 billion in assets.
The Federal Executive Council (FEC) in February 2020 approved the enlargement of the interim management committee of the NDDC from three to five members and appointed Prof Kemebradikumo Daniel Pondei as the new Acting Managing Director. It also approved the constitution of a 10-Man Presidential Monitoring Committee, chaired by Minister of Niger Delta Affairs, and reporting directly to the President, with members drawn from various MDAs, as provided for in Section 21 of the NDDC Establishment Act.
The FEC also in February 2020 approved the appointment of Lead Forensic Auditors to carry out a comprehensive audit of the NDDC.
‘’The Auditors are currently concluding pre-engagement activities and will shortly commence work, the President said.
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