FG Recovers N3.7b From NDDC Contractors, Directors

President Muhammadu Buhari Tuesday in Abuja, said enforcement agencies have recovered over N3.7billion as well as various assets worth billions of Naira from contractors and former directors of the Niger Delta Development Commission (NDDC).

The President disclosed this at the inauguration of NDDC Advisory Committee, comprising the 9 Governors of the Niger Delta Region and the Ministers of Niger Delta Affairs and Environment.

The President in a statement said: “To date, the Economic and Financial Crimes Commission EFCC and other agencies of Government have recovered over 3.7 billion Naira 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 @Nigeria Government agencies have placed liens on over 6 billion Naira of assets which are being investigated.” – President Buhari added.

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