">
Saturday, June 28, 2025
Insight Naija Media
">
  • Home
  • News
    • Local News
    • International News
  • Opinion
  • Politics
  • Culture
  • Documentaries
  • Videos
  • Archive
  • Entertainment
  • Business
  • Lifestyle & Fashion
  • Citizen Reports
  • Sports
  • Submit a Post
No Result
View All Result
Insight Naija Media
">
ADVERTISEMENT
Home News Local News

NDDC Received N6tn In 19 Years – Malami

NDDC Received N6tn In 19 Years – Malami
0
SHARES
Share on FacebookShare on TwitterShare on WhatsApp
">
ADVERTISEMENT

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) has disclosed that the Niger Delta Development Commission (NDDC) received over N6 trillion in the last 19 years.

Malami made the disclosure during the presentation of the forensic audit report earlier submitted by the Hon. Minister of Niger Delta Affairs, Sen. Godswill Akpabio.

“It is on record that between 2001 and 2019, the federal government has approved N3, 375, 735,776,794.93 as budgetary allocation and N2,420,948,894,191.00 as income from statutory and non-statutory sources, which brings the total figure to approximately six trillion naira given to the Niger Delta Development Commission,” Malami said.

Related posts

According To Tunde Bakare, Some Nations Do Not Want Nigeria To Prosper

According To Tunde Bakare, Some Nations Do Not Want Nigeria To Prosper

November 27, 2024
0
Brekete Radio Goes Offline In Protest Of Children Being Held

Brekete Radio Goes Offline In Protest Of Children Being Held

November 4, 2024
0

He recalled that the president had ordered a forensic audit of the activities of the Commission from inception to August 2019 in response to the yearnings of the people of the Niger Delta region for its repositioning for effective service delivery. He said the call for the audit by the people of the region arose from the huge gap between resources invested and infrastructural, human and economic development.

">

“Consequently, the Federal Executive Council (FEC) approved the engagement of a lead forensic auditor, as well as 16 reputable audit firms to conduct the audit exercise.

“The president is delighted that the auditors have now completed this exercise and the report has been presented. The president is not oblivious of the interest generated by stakeholders towards the forensic audit exercise and the agitation for the constitution of the board of the NDDC. However, this administration is determined to address challenges militating against the delivery of the mandate of the NDDC to the people of the Niger Delta region.

“It is in the broader context of the foregoing developments that the president recently signed into Law the Petroleum Industry Act (PIA) which has been a contentious issue over the years for successive governments, to bring about the prudence and accountability in the petroleum sector and to give a sense of participation and ownership to the host communities,” he added.

Malami assured that the report and its recommendations will be critically analysed for necessary action and implementation.

">
ADVERTISEMENT

“The welfare and socio- economic inclusion of the Niger Delta region is paramount to the development and security of the degion and by extension the country.

“Funds spent on development activities should as a consequence promote political and socio-economic stability in the Region. Citizens affected by these development projects should also exhibit the ability to contribute to the continuous progress of their immediate and wider communities by engaging in constructive activities that will sustain and supports these development projects.

“It is evident that considerable resources have been channeled by the Federal Government to the development of the Niger Delta from 2001 to 2019. It is therefore important for the Federal Government and the public to be properly informed of what has been spent and how that has been spent.”

He said the essence of the forensic audit is to ensure probity and accountability in the use of public funds, adding that the federal government will strategically implement all aspects of the audit exercise that will promote probity and greater prosperity for the Niger Delta region and Nigeria as a whole.

He hinted that the President has directed that the forensic audit report be forwarded to the Federal Ministry of Justice for a legal review even as relevant Ministries, Departments and Agencies will be engaged in doing justice to the findings accordingly.

“My appreciation also goes to the Lead Forensic Auditors and the 16 Field Audit Firms for completing this exercise, as well as the Security Committee for securing the lives and properties of the Audit Firms throughout the duration of the forensic audit exercise,” Malami added.

ShareTweetSend
Previous Post

What Buhari Told South-East Leaders

Next Post

Troops Arrest Boko Haram Insurgent On ‘Wanted List’ In Borno

Next Post
Troops Arrest Boko Haram Insurgent On ‘Wanted List’ In Borno

Troops Arrest Boko Haram Insurgent On 'Wanted List' In Borno

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Archive
  • Business
  • Citizen Reports
  • Crime
  • Culture
  • Documentaries
  • Education
  • Entertainment
  • Environment
  • Health
  • International News
  • L.G. Gaint Strides
  • Legal Matters
  • Lifestyle & Fashion
  • Local News
  • Maritime
  • News
  • Old Dairies
  • Opinion
  • Politics
  • Press Release
  • Sports
  • Uncategorized
  • Videos
  • What's Hot
  • The APC’s Ideology Is To Bring Hardship, According To The Labour Party
    The APC’s Ideology Is To Bring Hardship, According To The Labour Party
  • Fubara To Wike, I Can’t Donate My Kidney Or Liver Due To Loyalty
    Fubara To Wike, I Can’t Donate My Kidney Or Liver Due To Loyalty
  • EDO Election: Okpebholo’s 44,012 Votes Completely Crushed Ighodalo
    EDO Election: Okpebholo’s 44,012 Votes Completely Crushed Ighodalo
  • INEC Lacks The Authority To Deregister Our Party – LP
    INEC Lacks The Authority To Deregister Our Party – LP
  • Sources Say Tinubu Set To Reshuffle Cabinet
    Sources Say Tinubu Set To Reshuffle Cabinet
  • Champions League: Vinícius Jr. Wins Best Player Award For 2023–24
    Champions League: Vinícius Jr. Wins Best Player Award For 2023–24
  • As Chelsea’s Move Collapses, Osimhen Remains At Napoli
    As Chelsea’s Move Collapses, Osimhen Remains At Napoli
  • UEFA Names Cristiano Ronaldo Champions League’s All-Time Leading Scorer
    UEFA Names Cristiano Ronaldo Champions League’s All-Time Leading Scorer
  • Ronaldo Says, “I Will Retire Here At Al Nassr”
    Ronaldo Says, “I Will Retire Here At Al Nassr”
  • 2024 Olympics: Paris Is Ready, According To Organisers
    2024 Olympics: Paris Is Ready, According To Organisers
  • According To Okey Bakassi, Polygamy Is The Ideal Type Of Marriage In Africa
    According To Okey Bakassi, Polygamy Is The Ideal Type Of Marriage In Africa
  • In A New Video, Portable Twerks Fiercely While Dressed Like A Lady
    In A New Video, Portable Twerks Fiercely While Dressed Like A Lady
  • Yinka Ayefele Welcomes Baby Girl
    Yinka Ayefele Welcomes Baby Girl
  • Seun Kuti To Nigerians: Protests Alone Will Not Bring Change
    Seun Kuti To Nigerians: Protests Alone Will Not Bring Change
  • “My Experience Feeding 2,500 Prisoners at Kirikiri” Bobrisky Shows Off His Kindness To Prisoners
    “My Experience Feeding 2,500 Prisoners at Kirikiri” Bobrisky Shows Off His Kindness To Prisoners
Facebook Twitter Instagram Youtube

Kindly support us

As advertising revenue continues to fall across news media, online news platform like InTv increasingly has to rely on the support of readers like you to survive.

Every hour, InTv News journalists and program hosts come together to deliver timely information and intelligent analysis about what today’s news means to our community and our culture for free to everyone. Donors and partners make that happen and every donor counts.

We are proudly non-partisan and apolitical. Help keep InTv running.

If you can right now, please consider a donation in any amount.
Our account details:-
UBA

Account Name

Insight Naija Media

Account No

1025008789

 

Dollar Account

Insight Naija Media

3003636106

UBA

Recent News

  • Reno Omokri Vs. Davido: A Tale Of Patriotism, Criticism, And Nigeria’s Economy – By Isaac Asabor
  • According To Tunde Bakare, Some Nations Do Not Want Nigeria To Prosper
  • According To Okey Bakassi, Polygamy Is The Ideal Type Of Marriage In Africa

Category

  • Archive
  • Business
  • Citizen Reports
  • Crime
  • Culture
  • Documentaries
  • Education
  • Entertainment
  • Environment
  • Health
  • International News
  • L.G. Gaint Strides
  • Legal Matters
  • Lifestyle & Fashion
  • Local News
  • Maritime
  • News
  • Old Dairies
  • Opinion
  • Politics
  • Press Release
  • Sports
  • Uncategorized
  • Videos
  • What's Hot

2022© InsightNaijaTV | Powered by YesWebsites Digital Agency.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Politics
  • News
  • Documentaries
  • Culture
  • Videos
  • Archive
  • Lifestyle & Fashion
  • Entertainment
  • Opinion
  • Submit a Post

2022© InsightNaijaTV | Powered by YesWebsites Digital Agency.