₦40 Billion Is Not Missing At NDDC

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The management of the Niger Delta Development Commission has been inundated by enquiries from stakeholders following allegations that the expanded Interim Management Committee (IMC) misappropriated ₦40 billion between February 20 and May 5, 2020. Although most of our stakeholders are aware of those malevolent intentions of those making these allegations, we believe that we owe them a duty of transparency to present the true financial picture of payments by the commission during the period.

We are therefore taking the unusual step of publishing ALL payments made by the Commission between February 20, when the expanded IMC came into office and May 5 when the allegations were made. The list covers the beneficiaries of the payments, the projects which they executed and for which the commission had a contractual obligation to pay, the amount paid and the date and time of payment. The IMC has only paid out N53.3 billion to vendors and contractors within the period. The debts paid cover historical debts to vendors, some of whom have been owed between N1 million and N3 million, for up to eight years. The payments were intended to save lives and livelihoods as well as alleviate the suffering in the region. Most of the vendors borrowed money from banks to render services to the Commission. Some became very ill and were in hospital. Some of the contractors have died waiting to be paid for jobs they executed for the Commission. There was nothing the Commission could have done than respond to what had become a humane issue.

It is pertinent for the Commission to make a few points:

  1. The Niger Delta Development Commission is a going concern. As a result, every management inherits both its assets and liabilities. In the case of this interim Management Committee, it inherited liabilities of N2 trillion. These are for supplies for the running of the Commission, services provided to the people of the Niger Delta in discharge of the mandate of the Commission and projects executed in the nine states. The Commission has a duty to settle contractual claims. Failure to do this in the past has caused the Commission millions Naira in legal fees, endless time in courts and garnishee orders on its account. The mandate handed down to this IMC by Mr President through the Hon Minister of Niger Delta Affairs is that the Commission must change the ways of the past. Acting responsibly in honoring obligations is part of that change ethos.
  2. The Commission carried out a verification and valuation of the debts it settled. Some of the claims were higher but at the end of verification were reduced. The Commission also refused to pay fraudulent claims even though they were pushed by powerful forces. The case of 132 claims, amounting to N4 billion, for skills acquisition programs which were never executed is but one example.
  3. From the list we are publishing today, no payment was made to the supervising minister, Senator Godswill Akpabio, (the Honorable Minister of Niger Delta Affairs) or any member of the IMC or any person related to them. All the payments were for debts incurred before the IMC came into office or Senator Akpabio became supervising minister. In other words, these debts cover transactions that predate the Hon. Minister and the IMC. This clarification has become necessary because of the antics of chartered character assassins stomach, propagandists and voices for hire who have accused the Hon, Minister and the IMC of phantom, phony and illusory financial infractions at the Commission.
  4. The IMC has not awarded any contract, since its inception, apart from the N6.25 billion COVID 19 intervention approved by Mr President. That approval saved lives in the region. The COVID contract had three components: procurement of medical equipment, supply of food palliatives and public enlightenment. The Commission procured 27 trilogies, 202 ventilators, 65 ECG Machines, 54 RT PCR Machines, 18 APC smart digital UPS 5KVA, 36 infra-red thermometers, 18 double jar suction machines, 18 Fluid warmers, 18 multi parameter patient monitors, 94 standard ICU beds, 95 oxygen cylinders, 95 oxygen masks, 95 infusion pumps, 18 mobile X-ray machines, 18 mobile ultrasound machines, 18 mobile dialysis machines, 18 arterial blood gas machines, sanitizers and syringe pumps. All the procured equipment has been distributed to the nine Niger Delta States and received by the state governors. Beyond COVID 19, this intervention has boosted the healthcare delivery of the nine states. Food palliatives has been supplied to vulnerable people in all the states in the region. The public enlightenment campaign has been effective in creating the right awareness and changing attitudes. We are grateful to Mr President for the intervention, which have saved lives in the region.
  5. As the IMC has not awarded any other contract, it means it has not paid for any contract for which it initiated.
  6. The president has ordered a forensic audit on the Commission for the past 18 years. That audit will value and verify all claims against the Commission. It will also bring to account those who looted the common wealth of the people of the Niger Delta to fund their ego and inordinate greed for luxury and power. The task of the IMC is to provide the enabling environment for the exercise to succeed. This involves providing the auditors with unhindered access to project files, accounting documents and staff; security for the team in the nine states, and media/communications/community relations support.
  7. We believe that the Commissions debt mountain of N2 trillion Naira will be deduced at the end of the forensic audit exercise.

The Commission has made this publication for the sake of transparency. We believe this will reassure our stakeholders of the high level of probity, integrity and sense of responsibility being brought into the running of the affairs of the Commission by the IMC. As for those who relish in making wild allegations, in the vain and unrealistic hope that they can distract the IMC to truncate the Forensic Audit exercise, we say that they have failed. Judgement day is nigh!

 

S/No

 

Beneficiaries

 

Projects Description

 

Amount

 

Date Paid

 

 

1

 

 

KITH GLOBAL VENTURES LTD

 

 

REMEDIAL WORKS AT NEW OGORODE ROAD LOT 3

 

 

493,684,169.00

 

 

17/03/2020 14:29

 

2

 

301 CONSTR LTD

 

REMEDIAL WORKS AT NJA ROAD TO AKOKU UNO LOT 1

 

350,027,919.80

 

17/03/2020 14:35

 

3

 

CRACKED STONE CONSTR LTD

 

REMEDIAL WORKS AT AJAOLUBETI ROAD ENVIRONS LOT 2

 

394,010,952.10

 

17/03/2020 14:35

 

4

 

COLLINCRYSTAL  ENERGY LTD

 

EMERGENCY AT BENIN TOWNSHIP ROAD LOT 3

 

361,357,276.20

 

17/03/2020 14:57

 

5

 

COLLINCRYSTAL  ENERGY LTD

 

EMERGENCY AT BENIN TOWNSHIP ROAD LOT 7

 

431,053,035.20

 

17/03/2020 14:57

 

6

 

GRAPIK LTD

 

EMERGENCY AT UMUDEE INTERNAL ROAD

 

207,673,107.70

 

17/03/2020 15:03

 

7

 

SOUTHLAND CONSTR LTD

 

REMEDIAL WORKS AT CHF JEFF UJU UMULOLO ROAD ABBA

 

518,409,089.30

 

17/03/2020 16:00

 

8

 

SOUTHLAND CONSTR LTD

 

REMEDIAL WORKS AT UMUDURU CHUKWU UMUORLU ROAD

 

519,949,949.10

 

17/03/2020 16:00

 

9

 

RODNAB CONSTR LTD

 

COMPLETION OF NDDC HEADQUARTERS  BUILDING PH

 

1,086,411,336.00

 

17/03/2020 16:04

 

10

 

COLLINCRYSTAL  ENERGY LTD

 

EMERGENCY AT BENIN TOWNSHIP ROAD LOT 6

 

384,853,184.60

 

17/03/2020 16:13

 

11

 

GRANDFOX GLOBAL SERVICES LTD

 

EMERGENCY AT OPE ROAD OKIGWE LGA

 

580,438,578.00

 

7/03/2020 16:42

 

12

 

CRISM CONSTR BUILDING LTD

 

EMERGENCY AT EZIAMA OSUAMA INTERNAL ROADS ISIALA MBANO LGA

 

561,592,377.80

 

17/03/2020 17:03

 

13

 

ARGENTO LTD

 

EMERGENCY AT BENIN TOWNSHIP ROAD LOT 4

 

382,805,411.60

 

17/03/2020 17:48

 

14

 

TWO ROCK CONSTR LTD

 

REMEDIAL WORKS AT NEW OGORODE ROAD LOT 4

 

500,875,848.00

 

18/03/2020 14:57

 

15

 

ELKAN ZIBSON LTD

EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE  SECTION S OF EZUMOHA INTERNAL ROADS ISIALA MBANO LGA  

531,150,414.29

 

19/03/2020 08:45

 

16

 

CRACKED STONE CONSTR LTD

REMEDIAL WORKS ON FAILED AND UNMOTORABLE SECTIONS OF BENIN TOWNSHIP ROAD LOT 8  

417,806,787.01

 

19/03/2020 08:55

 

17

 

PDH GLOBAL LOGISTICS LTD

EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE  SECTION OF UMUEZUO UMUAGBAVU ROAD  

543,247,587.35

 

20/03/2020 15:45

 

18

 

CLEARPOINT COMMUNICATION LTD

MEDIA CONSULTANCY  SERVICE FOR INT’L REPUTATION Mgmt for NDDC

/Special  Summit on NDDC

 

100,937,500.00

 

24/03/2020 13:50

 

19

 

ARITEL OIL AND GAS

REMEDY FAILED AND MOTORABLE SECTIONS OF CHIKWE ORLU STREET ENVIRONMENT  

550,100,132.34

 

24/03/2020 13:45

 

20

 

NO LIMITS INTL LTD

SUPPLY INSTALLATION  OF STAND ALONE SOLAR STREET LIGHT IN OREDO OREDO LGA  

149,221,228.15

 

24/03/2020 13:50

 

21

 

DIS CONCEPTS NITL LTD

URGENTLY REMEDY FAILED AND UNMOTORABLE  SECTIONS OF JESSY AND JENNY ROAD OFF PETER ODILY ROAD PH  

476,794,367.22

 

24/03/2020 14:42

 

22

 

OGUGO CONCEPT AND SOLUTIONS LTD

EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE  SECTIONS OF MIKE OKPOKPO ROAD AND ENVIRONS YENAGOA LGA  

300,029,695.14

 

26/03/2020 06:54

 

 

23

 

 

WEBSTER GLOBAL VENTURES LTD

INSTRUCTION FOR EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE SECTIONS OF BENIN  TOWNSHIP ROAD  LOT 2 OREDO LGA  

 

357,242,054.35

 

 

26/03/2020 07:00

 

24

 

WEBSTER GLOBAL VENTURES LTD

REMEDIAL WORKS ON FAILED AND UNMOTORABLE SECTIONS OF

AKUKU ILLAH  ROAD  OSHIMILI NORTH LGA

 

463,489,890.13

 

26/03/2020 07:00

 

25

 

WEBSTER GLOBAL VENTURES LTD

REMEDIAL WORKS ON FAILED AND UNMOTORABLE SECTIONS OF NEW

OGORODE ROAD  LOT2  SAPELLE LGA

 

466,416,380.71

 

26/03/2020 07:00

 

 

26

 

 

WEBSTER GLOBAL VENTURES LTD

INSTRUCTION FOR EMERGENCY REPAIRS OF FAILED AND

UNMOTORABLE SECTIONS OF ABIGBORODO ROAD LOT 2 WARRI  NORTH LGA LGA

 

 

466,959,380.71

 

 

26/03/2020 07:00

 

27

 

MOHAMED YAKUBU ADMIN

 

PYMT  OF POLICE ALLOWANCE FOR THE MONTH OF  FEBRUARY 2020

 

6,438,000.00

 

26/03/2020 07:01

 

28

 

BEGJ  ENERGY SERVICES LTD

EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE SECTIONS OF

SHEPHARD ROAD  LINKING AIRFORCE ROAD  ENVIRONS

 

596,907,347.78

 

26/03/2020 07:01

 

29

 

AMU GLOBAL VENTURES LTD

WORKS ON FAILED AND UNMOTORABLE SECTIONS OF ABIGBORODO

ROAD  LOT1  WARRI  NORTH LGA

 

463,489,890.13

 

26/03/2020 08:46

 

30

 

PATCLAMOG CONSTR SERVICES LTD

EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE SECTIONS OF

SAGBAMA MAIN TOWN

 

556,838,778.37

 

26/03/2020 09:52

 

31

 

PATCLAMOG CONSTR SERVICES LTD

EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE SECTIONS OF

IGWURUTA ALIMINI SCHOOL

 

560,377,359.54

 

26/03/2020 09:52

 

32

 

ETEKPE RESOURCES LTD

EMERCY  REPAIRS  OF FAILED AND UNMOTORABLE SECTIONS OF ROADS

5 6 11 AND COLLIND WOBO  STREET AND ENVIRONS

 

286,722,749.64

 

26/03/2020 13:16

 

33

 

NEW TIGERHEAD NIG LTD

 

PYMT  OF JUDGEMENT DEBT  SUIT NO PHC43462019

 

400,000,000.00

 

26/03/2020 13:39

 

34

 

EPCOT LIMITED

EMERGENCY REPAIRS OF FAILED AND UNMOTORABLE EC OF BENIN

TOWNSHIP

 

346,074,744.40

 

26/03/2020 16:11

 

35

 

FORTRESS GLOBAL TECH  LTD

SUPERVISION OF CONTRACT OF EDEOHA COMMUNITY ROAD  WITH

DRAINAGE OTHER

 

6,477,558.96

 

26/03/2020 16:45

 

36

 

MARVIC SERVICES LTD

 

CONSTR OF SOLAR SCHEME IN LINE WITH  VISION 202020  LOT2

 

6,097,778.06

 

26/03/2020 16:54

 

37

 

NATUMI INTEGRATED TRS LTD

 

CONSTR OF IJOMIMO HIGH  SCHOOL ROAD AKURE SOUTH LGA

 

11,068,104.99

 

26/03/2020 16:55

 

38

 

SENCO CONSULT LTD

 

SUPERVISION OF THE CONSTR OF AKA ATAN  ROAD  OTHERS

 

8,032,500.00

 

26/03/2020 16:55

 

39

 

ZIEGERNETH LTD

SOLAR POWERED WATER PROJECT AT UMUOKANNE OHAJI  EGBEMA LGA  

1,965,302.02

 

26/03/2020 16:55

 

40

 

GRACEBLESSED VENTURES

INSTALLATION OF 2 NOS TRANSFORMER AT IKOT OBIO  INYANG IN ETINAN LGA  

8,796,080.88

 

26/03/2020 17:56

 

41

 

DARCLIN INTL CO LTD

 

CONSTR OF MERCY HOSPITAL ROAD ABAK  LGA

 

9,029,655.74

 

26/03/2020 19:49

 

42

 

OLUMUYIWA BASIRU AND CO

 

REQUEST FOR 15 PERCENT PAYMENT FEE FOR THE FORENSIC AUDIT

 

45,443,784.50

 

01/04/2020 16:34

 

43

 

AGBEINSCO WORLDWIDE LTD

CONSTR OF INTERNAL ROAD  NETWORK AT ODI KOLOKUMA OPOKUMA LGA  

16,083,010.28

 

01/04/2020 16:35

Signed:
Charles Obi Odili
Director, Corporate Affairs.