• About
  • Contact Us
Tuesday, January 31, 2023
The Gist Day
No Result
View All Result
  • Login
  • News
    • All
    • National
    FG To Spend N854.8bn For Pensions In 2023

    No Government Can Solve All Problems- Buhari

    Nigeria’s Economic Growth To Hit 3.2%, Says IMF

    Nigeria’s Economic Growth To Hit 3.2%, Says IMF

    Diezani Alison-Madueke files lawsuit seeking to recover her seized assets

    Diezani Alison-Madueke files lawsuit seeking to recover her seized assets

    FG Establishes Additional Passport Office In Lagos

    FG Establishes Additional Passport Office In Lagos

    Angry Mob Throw Stones At Buhari’s Convoy In Kano

    Angry Mob Throw Stones At Buhari’s Convoy In Kano

    Debts Upon Debts! Supreme Court Rules Against Honeywell Flour, As Firm Struggles With N67.02bn Loans

    Debts Upon Debts! Supreme Court Rules Against Honeywell Flour, As Firm Struggles With N67.02bn Loans

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Coronavirus
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • News
    • All
    • National
    FG To Spend N854.8bn For Pensions In 2023

    No Government Can Solve All Problems- Buhari

    Nigeria’s Economic Growth To Hit 3.2%, Says IMF

    Nigeria’s Economic Growth To Hit 3.2%, Says IMF

    Diezani Alison-Madueke files lawsuit seeking to recover her seized assets

    Diezani Alison-Madueke files lawsuit seeking to recover her seized assets

    FG Establishes Additional Passport Office In Lagos

    FG Establishes Additional Passport Office In Lagos

    Angry Mob Throw Stones At Buhari’s Convoy In Kano

    Angry Mob Throw Stones At Buhari’s Convoy In Kano

    Debts Upon Debts! Supreme Court Rules Against Honeywell Flour, As Firm Struggles With N67.02bn Loans

    Debts Upon Debts! Supreme Court Rules Against Honeywell Flour, As Firm Struggles With N67.02bn Loans

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Coronavirus
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
No Result
View All Result
Morning News
No Result
View All Result
Home News National

More Than N3.7 billion Recovered From NDDC – Buhari

Emmanuel Onminyi by Emmanuel Onminyi
March 10, 2020
in National, News
0
Buhari NDDC Niger Delta

President Muhammadu Buhari

0
SHARES
26
VIEWS
Share on FacebookShare on Twitter

President Muhammadu Buhari has said that more than N3.7 billion and other assets worth billions of naira have been recovered from former directors and contractors of the Niger Delta Development Commission, NDDC.

READ ALSO

No Government Can Solve All Problems- Buhari

Nigeria’s Economic Growth To Hit 3.2%, Says IMF

READ ALSO: Coronavirus: FG Moves To Reduce 2020 Budget

The President disclosed this on Tuesday during the inauguration of the NDDC Advisory Committee, held at the Executive Council Chambers of the State House, Abuja.

He stated that the assets recovery were made possible by the Economic and Financial Crimes Commission, EFCC, and other anti-graft agencies.

Last year, the president ordered a forensic audit of the accounts and operations of the interventionist agency and had ratified the constitution of an Interim Management Committee (IMC) to oversee the ordered forensic audit.

According to a statement issued by the Special Adviser to the President on Media and Publicity, Mr Femi Adesina, the President said that assets worth more than N6 billion have been placed under lien by government agencies.

‘‘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.

‘‘Furthermore, I am told that government agencies have placed liens on over N6 billion of assets which are being investigated,” he said.

Going forward, the President told the committee that these abuses of the past clearly show the need for strict and diligent oversight.

While charging them to discharge their assignment diligently and effectively, he added that he looked forward to positive changes in the affairs of the NDDC and the Niger Delta region at large.

Recalling that his administration launched the New Vision for the Niger Delta, NEVIND, in 2016, with the aim of bringing sustainable peace, security, infrastructure and human capital development to the region, the President said that the channel through which such objective could be achieved, was through the Ministry of Niger Delta Affairs, NDDC and the Presidential Amnesty Programme, PAP.

Expressing his regret over the inability of the institution to deliver their mandates in the past as a result of mismanagement, the former military head of state said: ‘‘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.

‘‘It is to reverse this trend that I approved, in February 2020, the constitution of a 10-Man Presidential Monitoring Committee (PMC) as provided for in Section 21 of the NDDC Establishment Act.’’

The PMC, he revealed, will be chaired by the Minister of Niger Delta Affairs and its members drawn from various MDAs.

He added that the body will focus on monitoring the operations and activities of the commission and make reports available to him.

Tags: EFCCNDDCNiger DeltaPresident Muhammadu BuhariPresidential Amnesty ProgrammePresidential Monitoring Committee

Related Posts

FG To Spend N854.8bn For Pensions In 2023
National

No Government Can Solve All Problems- Buhari

January 31, 2023
Nigeria’s Economic Growth To Hit 3.2%, Says IMF
Economy

Nigeria’s Economic Growth To Hit 3.2%, Says IMF

January 31, 2023
Diezani Alison-Madueke files lawsuit seeking to recover her seized assets
National

Diezani Alison-Madueke files lawsuit seeking to recover her seized assets

January 31, 2023
FG Establishes Additional Passport Office In Lagos
National

FG Establishes Additional Passport Office In Lagos

January 31, 2023
Angry Mob Throw Stones At Buhari’s Convoy In Kano
News

Angry Mob Throw Stones At Buhari’s Convoy In Kano

January 31, 2023
Debts Upon Debts! Supreme Court Rules Against Honeywell Flour, As Firm Struggles With N67.02bn Loans
News

Debts Upon Debts! Supreme Court Rules Against Honeywell Flour, As Firm Struggles With N67.02bn Loans

January 30, 2023

glo
app




app
GTBank ADs GTBank ADs GTBank ADs

LATEST NEWS

Tambuwal Calls For Godwin Emefiele’s Resignation

CBN Extends Deadline For Old Naira Notes

January 29, 2023
9 Home Remedies To Help Treat Hemorrhoids (Piles)

9 Home Remedies To Help Treat Hemorrhoids (Piles)

January 31, 2023
Dollar To Naira Black Market Exchange Rate Today 23rd December 2022

Dollar To Naira Black Market Exchange Rate Today 31st January 2023

January 31, 2023
AMAA founder Peace Anyiam-Osigwe has passed away

Funeral arrangement for AMAA founder Peace Anyiam-Osigwe released

January 31, 2023
Dollar To Naira Black Market Exchange Rate Today 23rd December 2022

Dollar To Naira Black Market Exchange Rate Today 30th January 2023

January 30, 2023

EDITOR'S PICK

NDLEA Nigeria

NDLEA seizes 1.5 tonnes of illicit drugs, arrests 993 suspects in Katsina

November 24, 2022
Ubi Franklin’s Baby Mama Fights Dirty With His American-Based Girlfriend On Instagram

Ubi Franklin’s Baby Mama Fights Dirty With His American-Based Girlfriend On Instagram

April 21, 2021
Rico Swavey’s Mother Make An Appeal To Hospitals, Government

Rico Swavey’s Mother Make An Appeal To Hospitals, Government

October 29, 2022
Chioma Rowland Returns To Twitter After A Long Break, See The First Thing She Posted

Chioma Rowland Returns In Grand Style In New Instagram Post

January 11, 2021

About

We bring you the stories that perfect for news, finance, politics etc. Check our landing page for details.

Follow us

Categories

  • A Call to Prayer
  • Agriculture
  • Appointments
  • Business
  • Celebrities
  • Coronavirus
  • Corporate Amazon
  • Economy
  • Education
  • Entertainment
  • Environment
  • Fashion
  • Financial Literacy
  • From the Kaaba
  • From the Pulpit
  • Gist & Jabs
  • Health
  • Jobmart
  • Lifestyle
  • Living
  • Metro Gist
  • National
  • News
  • Op-Ed
  • Opinion
  • Politics
  • Press Release
  • Religion
  • Sport
  • State News
  • Tech
  • Tourism
  • Travel
  • Uncategorized
  • World News

Recent Posts

  • ‘BBTitans’: Yaya confronts Mmeli for sleeping with Nelisa then avoiding her
  • IVD charged with involuntary manslaughter, allegedly remanded in Kirikiri prison
  • No Government Can Solve All Problems- Buhari
  • Dollar To Naira Black Market Exchange Rate Today 31st January 2023
  • Disclaimer
  • Google Adsense
  • Home 2
  • Ikoyi building collapse: Corper who redeployed from Borno to Lagos, confirmed dead
  • Leaked Conversation: There Will Know Peace Until Hope Uzodimma Leaves Government House – Emeka Ihedioha
  • MAN Condemns Invasion Of Dangote Cement Plant By Kogi State Govt
  • Privacy Policy
  • Sample Page
  • TheGistDay
  • Whitemoney And New Lady Spotted Stepping Out Of Hotel Together (Video)

© 2022 TheGistDay.

No Result
View All Result
  • News
  • Business
  • National
  • Politics
  • Opinion
  • Coronavirus
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel

© 2022 TheGistDay.

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