Home News Over N3.7billion recovered from NDDC contractors, directors so far- President Buhari says

Over N3.7billion recovered from NDDC contractors, directors so far- President Buhari says

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TUE, MARCH 10 2020-theG&BJournal- President Muhammadu Buhari said Tuesday in Abuja that law enforcement agencies have recovered over N3.7 billion as well as various assets worth billions of Naira from contractors and former directors of the Niger Delta Development Commission (NDDC).
The President made the revelation at the inauguration of NDDC Advisory Committee, comprising the nine governors of the Niger Delta Region and the Ministers of Niger Affairs and Environment.
‘’To date, 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 some contractors and former Directors of the Commission,’’ The President said.
‘’Furthermore, I am told that Nigeria government agencies have placed liens on over N6 billion Naira of assets which are being investigated.’’
The President told the Committee that these abuses of the past clearly show the need for strict and diligent oversight, going forward.
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