N3.7b recovered from contractors, directors, Buhari says

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N3.7b recovered from contractors, directors, Buhari says
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“To date, the EFCC and other agencies of Government have recovered over N3.7billion in cash as well as various assets worth billions of Naira from some contractors and former Directors of the Commission.”

President Muhammadu Buhari Tuesday said law enforcement agencies have recovered over N3.7 billion in cash and other assets worth billions of naira from contractors and former directors of the Niger Delta Development Commission .

“Furthermore, I am told that Government agencies have placed liens on over N6 billion of assets which are being investigated.” President Buhari recalled that in 2016, his administration launched the “New Vision for the Niger Delta ”, aimed at bringing sustainable peace, security, infrastructure and human capital development to the region.

“As a result, the people of the Niger Delta were left with abandoned infrastructural projects and substandard social programmes which were designed to improve their living conditions,’ Buhari said. In the same vein, the President said the inauguration of the NDDC Advisory Committee is in line with the provisions of Section 11 of the NDDC Establishment Act, explaining that the Committee is charged with the responsibility of advising the Board and monitoring its activities.

Speaking on behalf of the members of the Advisory Committee, Governor Ifeanyi Okowa of Delta State thanked the President for inaugurating the Committee and granting the request of the governors, from the region, for a forensic audit of the NDDC.

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