x

FEC approves N745m to hire auditors for NDDC

The Federal Executive Council (FEC) on Wednesday approved N745 million for the hiring of additional forensic field auditors for the audit of the Niger Delta Development Commission (NDDC).

The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, also disclosed that the council approved the hiring of auditors to ensure that whatever comes out of the forensic audit is acceptable not just in Nigeria but to the international community.

Akpabio said: “The memo that was presented by the Ministry of Niger Delta Affairs was a concluding memo on the procurement of Field Forensic Auditors for the forensic audit of the Niger Delta Development Commission and today the council approved additional forensic field auditors at a total sum of about N745.2 million.

“This brings the total number of field forensic auditors to 16 in addition to the earlier approved Lead Forensic Auditors, Messrs Olumiluwa Bashir and Co.

“These people are now going to be in charge of the nine states of the Niger Delta which has been divided into 16 lots. As I stated earlier, lots one is Ernst and Young for the headquarters.

“They will be undertaking the 19 years of audit and also bring out the organigram for the restructuring of the NDDC for better performance in future.’’

The minister added that the council equally approved the need to attach investigative security agencies to each of the team to ensure transparency in the exercise.

RELATED POSTS:

VP Osinbajo, CoS, Ministers, Present As Buhari Presides Over Virtual FEC Meeting

FEC approves N13bn for automation of 4 airports, $3.1bn for NCS

Buhari presides over 14th virtual FEC meeting

Hot this week

Nigeria Losing $56bn Annually to Malnutrition — VP Shettima

Vice President Kashim Shettima has revealed that Nigeria loses...

Coalition Retracts Claims, Apologises To FIRS Chairman Over False Allegations

...Groups commend his exceptional leadership and reforms at FIRSA...

JUST IN: EFCC Declares Former Petroleum Minister Timipre Sylva Wanted Over $14.8m Fraud

The Economic and Financial Crimes Commission (EFCC) has declared...

CSO Urges Tinubu, Governors to Approve Loan to Save Nigerian Pilgrims from Missing 2026 Hajj

By Jabiru HassanThe Independent Hajj Reporters (IHR), a faith-based...

NCDMB to Honour 2025 National Essay Competition Winners in Yenagoa

By Amgbare Prince, YenagoaThe Nigerian Content Development and Monitoring...

FG Abandons Indigenous Language Policy, Adopts English as Sole Medium of Instruction

The Federal Government has officially abolished the policy mandating...

Army Reaffirms Commitment to Curb Banditry, Assures Citizens of Safety in Kogi

By Noah Ocheni, LokojaThe Commander of the 12 Brigade,...

Insecurity: Bandits Abduct Six Defence Ministry Directors on Kaba–Lokoja Highway

By Noah Ocheni, LokojaSix senior directors of the Federal...

FG Inaugurates Inter-Ministerial Committee to Enforce Ban on Single-Use Plastics Nationwide

By Francis WilfredThe Federal Government has inaugurated an Inter-Ministerial...

Related Articles

Popular Categories

spot_imgspot_img