The presidency has begun the implementation of the report of the forensic audit on the activities of the Niger Delta Development Commission (NDDC), which was recently submitted to President Muhammadu Buhari.<\/p>\n
To this end, the presidency has cancelled all projects awarded by the interventionist agency for which the contractors have not mobilised to site from the year 2000 to December 31, 2019.<\/p>\n
A statement in Port Harcourt by the NDDC\u2019s director of corporate affairs, Dr Ibitoye Abosede, said the cancellation was subject to any future re-award in accordance with the Public Procurement Act.<\/p>\n
The statement reads in part: \u201cThis is to bring to the notice of all contractors engaged by the Niger Delta Development Commission (NDDC), as well as stakeholders and the general public, that the presidency has directed that all projects awarded by the commission before December 31, 2019, for which the beneficiary contractors are yet to mobilize to site, are by this directive cancelled.<\/p>\n
\u201cAccording to the directive, this cancellation is subject to any future re-award in accordance with the Public Procurement Act and in line with the terms of the contracts for the award of the said projects.<\/p>\n
” Consequently, all affected contractors are advised to note that all monies earlier received by way of mobilisation for any of the projects are to be promptly refunded to the Commission\u2019s Account with the Central Bank of Nigeria.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The presidency has begun the implementation of the report of the forensic audit on the activities of the Niger Delta Development Commission (NDDC), which was recently submitted to President Muhammadu…<\/p>\n","protected":false},"author":1,"featured_media":73530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-95226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n