A file picture of the Niger Delta Growth Fee headquarters constructing in Port Harcourt, Rivers State.
President Muhammadu Buhari on Thursday acquired a forensic audit report of the Niger Delta Growth Fee (NDDC).
The report was acquired on the President’s behalf by Legal professional Basic and Minister of Justice, Abubakar Malami.
The President had ordered a forensic audit of the NDDC on October 2019 to probe alleged monetary misappropriation.
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Whereas receiving the report, Malami mentioned the Federal Authorities doled out roughly six trillion naira to the company between 2001 and 2019.
“It’s on file that between 2001 and 2019, the Federal Authorities has permitted N3,375, 735,776,794.93 (Three Trillion, Three Hundred and Seventy 5 Billion, Seven Hundred and Seventy Six Thousand, Seven Hundred and Ninety 4 Naira, Ninety Three Kobo) as budgetary allocation and N2,420,948,894,191.00 (Two Trillion, 4 Hundred and Twenty Billion, 9 Hundred and Forty Million, and, Eight Hundred and Ninety 4 Thousand, One Hundred and Ninety One Naira) as Earnings from Statutory and Non Statutory Sources, which brings the whole determine to the sum of roughly Six Trillion Naira (N6,000,000,000,000) given to the Niger Delta Growth Fee,” the Minister mentioned.