President Muhammadu Buhari Thursday in Abuja said those found culpable of looting the Niger Delta Development Commission (NDDC) will face the law.
He said the concluded forensic audit being reviewed with a view to recovering every kobo that is recoverable
He spoke today at the virtual commissioning of the NDDC Prototype Hostel at the University of Uyo, Akwa Ibom.
Buhari said it was regrettable that the special development fund of the entire region was squandered by a few for more than 20 years, leaving many in penury.
“The Niger Delta Development Commission needs to demonstrate that it can achieve the objectives it was conceived for and make its impact felt all over the Niger Delta Region.
“The lives of the people of the Niger Delta could be so much better, if the funding received by this commission since its inception, in billions of naira over the last 20 years, have been judiciously deployed in service of the people.
“The serial abuse, lack of delivery and what had become an entrenched institutional decay, was the reason why I called for the forensic audit.
“Therefore, going forward we shall ensure every recoverable kobo, is recovered for use in service of the people of this region and those found culpable shall face the Law.
“Consequently, I want to use the opportunity of this commissioning to direct all statutory contributors to the NDDC to remit all outstanding funds to the Commission, and to ensure this is done transparently and according to laid down procedure and process,” he said.
President Buhari directed that all abandoned projects that directly impact the livelihood of the people should be revived and completed.
