The technical audit report on the Ministry of Niger Delta Affairs has revealed that the Ministry recorded I measly 12 percent project execution from N423bn spent from inception in 2009 to 2015. The audit report which was approved by the Federal Government
Minister of Niger Delta Affairs, Usani Usani, disclosed this after the Federal Executive Council, FEC, meeting in Abuja, yesterday. Usani stated that the meeting also resolved to bring to book those who mismanaged the funds.
He said: “Today, we received approval of the project technical audit report, which was carried out by the ministry in investigating all contracts awarded and projects and programmes carried out in the ministry since the inception of the ministry from 2009 to 2015. “The revealing content of the report shows that over N423 billion had been expended in the region by the ministry alone, not other intervening agencies, from 2009 to 2015.
“From this amount project execution rate has been at 12 per cent with an average completion rate of a project standing at five years and the impact rate is eight per cent.”
He added that: “With this it means all those who have accessed government’s resources for one purpose or another must be compelled to make adequate use of same.” “Otherwise they will face the recommendations that go with such violations and that is our position concerning that report and we have got council approval for that,” he said.
“To find that N423 billion had been expended in the region with the type of results we see shows that there is something tangibly and obviously wrong with how procurement had been carried out in the ministry.”
