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N/delta Ministry Spends N750bn On Projects With Only 12% Completion - Politics - Nairaland

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N/delta Ministry Spends N750bn On Projects With Only 12% Completion by ManirBK: 3:51pm On Jul 29, 2018
The huge sums of money invested to upgrade the once restive Niger Delta region from 2009 to date has yielded very little impact as no tangible projects, aside some recently commissioned cassava processing plants, have been completed. LEADERSHIP Sunday gathered that out of the N750 billion allocated to the ministry within the period under review for the execution of over 427 contracts, only a measly 12 percent impact has been achieved, indicating that the released funds were not well utilised. This is aside the counterpart funds accessed from the European Union (EU) and other international bodies. Our findings shockingly revealed that while 18 percent of the contracts were stalled, only 12 percent were completed, leaving 70 percent uncompleted.
Meanwhile, the minister of Niger Delta Affairs, Usani Uguru, told LEADERSHIP Sunday that he inherited liabilities worth N34 billion when he assumed office, and that about N1 trillion is required to complete ongoing projects. LEADERSHIP Sunday learnt that a technical audit exercise ordered by President Muhammadu Buhari to access the level of intervention projects in the region revealed that most of the projects remained at the level of contract awards and practically did nothing to address the yearnings of the people in the region, contrary to the mandate of the Niger Delta Affairs Ministry.
The over 427 intervention projects were meant for the nine oil producing states of Abia, Akwa, Bayelsa, Cross River, Delta, Ondo, Edo, Imo, Rivers.
According to the distribution of capital projects, contracts were awarded for canalisation, electricity, food and cassava processing plants, housing schemes, land reclamation/shoreline protection, rehabilitation/remediation of oil-impacted sites, roads, skill acquisition centres and water schemes.
LEADERSHIP Sunday recalls that President Muhammadu Buhari had ordered a technical audit of the over 400 projects that were awarded between 2009 to 2015 by the ministry.
The audit is to ensure that there is value for the over N450 billion so far released for the projects in the nine oil producing states.
https://leadership.ng/2018/07/29/n-delta-ministry-spends-n750bn-on-projects-with-only-12-completion/
Mynd44 lalasticlala oam4j

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Re: N/delta Ministry Spends N750bn On Projects With Only 12% Completion by ManirBK: 3:51pm On Jul 29, 2018
The kind of projects that suppose to have been done by PDP during their sixteen years of administration but unfortunately they can't, their main focused was to looted the treasury. Kudos to my able president,man of honor, character and integrity. I will always stand with PMB any time any day. SAI BABA till 2023.
OVA TO U EFCC WORK DEY HERE OOO!

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Re: N/delta Ministry Spends N750bn On Projects With Only 12% Completion by Shukuakukobambi: 3:54pm On Jul 29, 2018
9jeriya my kwantiri...chei!!

corruption is the life blood of this country. It's what sustains this country. Maybe we should just stop being bothered about it and face something else.

APC can't do it. PDP can't do it. Even we the people are corrupt. This is Nigeria

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Re: N/delta Ministry Spends N750bn On Projects With Only 12% Completion by Shukuakukobambi: 3:58pm On Jul 29, 2018
ManirBK:
The kind of projects that suppose to have been done by PDP during there sixteen years of administration but unfortunately they can't there main focused was to looted the treasury. Kudos to my able president,man of honor, character and integrity. I will always stand with PMB any time any day. SAI BABA till 2023.
OVA TO U EFCC WORK DEY HERE OOO!

Can you also swear that Pastor Usani, the new minister, hasn't added his own 12% projects to this figure? They're all the same
Re: N/delta Ministry Spends N750bn On Projects With Only 12% Completion by CodeTemplar: 4:00pm On Jul 29, 2018
While this is ongoing Buhari and Baru are trying to build power plants up north when we have a functional power ministry in Nigeria. Who is fooling who in Nigeria?
Re: N/delta Ministry Spends N750bn On Projects With Only 12% Completion by Blakjewelry(m): 5:10pm On Jul 29, 2018
the agency is one big waste

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