The Auditor-General of the Federation (AGF), Mr. Samuel Ukura, on Wednesday recommended the recovery of about N183 billion Niger Delta Development Commission (NDDC) funds allegedly diverted between 2008 and 2012.

Ukura who made this disclosure while submitting three special audit reports on Niger Delta to the Clerk of the National Assembly, Alhaji Salisu Maikasuwa, said the funds were meant for the development of Niger Delta but were diverted for other purposes.

According to him, the diversion was discovered during periodic audits of activities and programmes of the commission. Of the sum, Ukura said N70.4 billion was paid as mobilisation fund to various contractors who never reported at the sites, adding that another N90.4billion was spent as extra-budgetary expenditure heads and sub-heads without approval by authorised institutions.

Ukura further said N10 billion was discovered as tax deductions without any evidence of its remittance to the Federal Inland Revenue Service (FIRS), adding that NDDC also spent N5.8 billion as payment to contractors for projects that were either not executed, stalled or abandoned. He added that a sum of N1.2 billion was discovered as taxes not deducted from contractors as the case should be.

Further disclosures made by Ukura were the transfer of N3.1 billion to unauthorised accounts; N1.7 billion as outstanding staff advances not accounted for and diverted N785 million out of N1.1 billion meant for the supply of furniture to various schools in Delta State.

Read full story
http://monitor9ja.com/2015/08/auditor-general-recommends-recovery-of-n183bn-diverted-niger-delta-funds/

okay

Okay oo, make dem dey recover......am just here to follow the poster above ^^^^^, just incase.

Those Niger Delta people no go kill us oooo

INTROVERT:
okay

Minister for FTC.... You don wake Good morning ma

K Probe
Recovery
Arrest
Probe
Recovery
Arrest
Visit
Visit
Committee
Committee
Ah don tire o

just noise making and nothing more!!

Ok