• N 423 bn spent in six years, execution rate at 12 %
• Some contractors collected money without going to sites

The Minister of Niger Delta Affairs, Mr. Usani Uguru , on Wednesday said the Federal Government has uncovered some shady deals by some of the contractors that handled projects in the Niger Delta region between 2009 and 2015 .
He said while some of the contractors made away with the money paid them without appearing on the sites of the projects , some others managed to implement 12 per cent of the projects they were paid for.
Uguru disclosed this to State House correspondents at the end of the weekly meeting of the Federal Executive Council presided over by the Acting President , Yemi Osinbajo, at the Presidential Villa, Abuja.
He said the discoveries were contained in a report of an investigation carried out by the ministry on all contracts awarded and projects carried out by the ministry from 2009 to 2015 .
The late Umaru Yar’Adua and Goodluck Jonathan were the Presidents of the country during the period .
The minister said the report revealed that over N423 bn had been expended in the region by the ministry alone , adding that the amount did not include the sums expended by other intervention agencies .
“ From this amount , projects execution rate has been at 12 per cent with an average completion rate of a project standing at five years . The impact rate is eight per cent ,” he said .
The minister said he sought and got the council ’s approval to make the report available to relevant government agencies in charge of recovering government assets that were either misappropriated , misused or found to be idling in some quarters.
He said while those who deserved sanctions would be punished , others who needed to return to sites would be compelled to do so .
He said , “With this , it means all those who have accessed government resources for one purpose or another must be compelled to make adequate use of same , otherwise they will face the recommendation that goes with such violations .
“ That is our position concerning that report and we have received council ’s approval for that .
“ Sixty per cent cost has been paid out to contractors with 12 per cent completion rate . Sixty per cent of the amount of money appropriated which is N700 bn , 60 per cent of that constitutes N423 bn.
“ To find that such money has been spent in that region with the kind of work we see, shows that there is something tangibly and obviously wrong with how procurement had been carried out in the ministry .
“ The number of projects awarded was 427 and there is no uniform action by each of the contractors . So , the measure of action to be taken to address the shortfall of our expectations or commitment to contractual agreements will be the determinant of what will be done .
“ Those that require sanctions will be sanctioned . The sanctions may not be uniform . It will be according to the measure of liabilities hold by each of the contractors .
“ Some will be compelled to return to site . Some , of course , should be made to refund money , those who we have seen by their actions displaying criminal intent by collecting money and not appearing at sites at all .
“ The report is not just all about punishing people . There are also those who have performed well and are commended and the report recommended that they should be encouraged to carry on in their contractual commitments.
“ The report has also recommended that sanction will be taken against officers . There are rules . I don ’t know if they will amount to purge . ” http://punchng.com/fg-uncovers-massive-fraud-in-ndelta-ministry-projects/

if magu starts giving them close marking they'll shout witch-hunt.

when you steal money that can better the lives of thousands of people are you not worse than a witch

Booked

Jaideyone:
if magu starts giving them close marking they'll shout witch-hunt.

when you steal money that can better the lives of thousands of people are you not worse than a witch

Keep quiet, wetin Buhari don achieve in the past 2 years. Probing people?

EastGold:



Keep quiet, wetin Buhari don achieve in the past 2 years. Probing people?

get lost. is the thread about buhari's achievement? I'm not defending any politician. They are robbing you blind and all you care about is one single man. if the ministry made good use of the funds the ND will be far better

Jaideyone:
get lost. is the thread about buhari's achievement? I'm not defending any politician. They are robbing you blind and all you care about is one single man. if the ministry made good use of the funds the ND will be far better

Use your sense for once na

EastGold:



Use your sense for once na

you don't even have sense. so nothing for you to use

Jaideyone:
if magu starts giving them close marking they'll shout witch-hunt.

when you steal money that can better the lives of thousands of people are you not worse than a witch

Leave them, stealing is their way of life in that region.

ApolitiCal:

Leave them, stealing is their way of life in that region.

Tinubu, Obanikoro, Bode George are from that region, huh

Federal Government itself is fraud

Over 400bn in 6, years ...that's enough to build standard hospital in each local government in the region

That's enough to give graduate from the region 5 million to start business in the last give years

That's enough to link all the Niger Delta states by railway system

That's enough to develop warri,port Harcourt, onne, and calabar sea ports to compete with Lagos ....


That's Enugu to build a 200,000 bd refinery in the region or a petrochemical plant



But the shared this money within themselves and keep telling the people that's the north is in charge of oil and that they are being marginalised ...we stop to hold them responsible and then blame the north

We need to wake up and hold every leader accountable from local government to state level ...that's the way to go

ApolitiCal:

Leave them, stealing is their way of life in that region.

Too much of ewedu and amala in your system is affecting your brain..