The special audit conducted on the activities of the Niger Delta Development Commission (NDDC) has revealed that N183.7 billion could not be accounted for between 2008 and 2012.

The Auditor-General of the Federation, Mr Samuel Ukura, spoke with reporters yesterday after submitting three report to the National Assembly.

Ukura added that his office submitted the environmental audit on the drying up of Lake Chad and special periodic checks on the activities and programmes of the NDDC.

He said a lot of discrepancies were noticed in the NDDC accounts with about N183.7 billion expected to be refunded to the federation account.

A breakdown of what the NDDC will return to the Federation Account, Ukura said, includes the N70.4 billion unaccounted for from the mobilisation of various contractors that never reported to site; the N5.8 billion paid to contractors for projects not executed or abandoned; N90.5 billion spent on extra budgetary expenditure without approval by legal authorities; N1.2 billion undeducted taxes from contractors; N10.07 billion to be refunded as tax deductions made without evidence of remittance to the Federal Inland Revenue Service (FIRS); N3.1 billion transferred to unauthorised accounts and unaccountable staff advances of N1.7 billion.

Ukura said: “It is our belief that all the money spent by government, if it was properly spent in the region, Niger Delta would be a better place.”

He added that N785 million of N1.1 billion allegedly paid to contracts for the supply of furniture to various schools in Delta State was also unaccounted for.

The Auditor-General noted that additional details of their findings are contained in the report he submitted to the Clerk of the National Assembly, Mr Salisu Maikasuwa.

http://thenationonlineng.net/nddc-cant-account-for-n183b/

Corruption everywhere

All these robot values itself is enough to devalue d naira, calling billions of naira like say meat pie change, God punish all our corrupt leaders..
Thank God PMB is now in govt

good

Same story everyday......will these people just do the needful and quit boring us with the same news everyday?

Oga GEJ, where do we put this? Stealing or corruption.

Remember how one of the ex DG's native Dr "burnt" millions of Naira for him?

Halla!

God go punish pple wey dy steal our money.....

Stealing from what was to be used to provide amenities for people already impoverished......how people feel comfortable living with a dead conscience still baffles me!

interesting

ok

That money is even small compared to what they have stolen there. Let them dig deeper

What about the subsequent years?

This is why I say buhari make... . Ameachi or pat utomi NDDC CHAIRMAN please