While hundreds of NDDC projects remain abandoned and uncompleted across the oil producing states, partly due to non release of funds, the agency ‘abandoned’ $70 million in a bank for over a decade, an official has said.
Speaking in an interview during the weekend, Akpabio said that the commission’s high indebtedness is owed to looting under previous administrations.
“I said no problem, just hang on, we’ll sort all these out when the forensic (audit) comes in to let us know all the recoverable and all that
” he was quoted saying.
The Niger Delta region has been littered with incomplete projects spanning through successive administrations.
“Collectively, those things were the things that made me, when I was a governor, to ignore NDDC. Even the quality of works they call roads, within the first rainy season the roads are washed away. It’s years in year out and for me, because I have the experience and I was able to perform as a governor for eight years.”