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LequteMan
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Nigeria - Dauda Bala, a current affairs analyst has criticized the AGF Mr. Samuel Ukura, and a recent report which stated that about N183bn is unaccounted for in the NDDC.
Excerpts:
The recent controversial 2008 – 2012 report of the Auditor General of the Federation (AGF) on the Niger Delta Development Commission (NDDC) has thrown up questions of procedure, propriety and due diligence in the overall conduct of the AGF in the matter.
Did the AGF follow the normal procedure in the audit process, whereby queries, if any, are first presented to the relevant organisation and responses received before a final report?
Is the AGF aware that the NDDC does not write cheques and give same to contractors, but that everything to do with payments is between duly certified contractors and the banks, which must verify the specific details of extent of work before payments?
Is it true that banks only make payments after the respective contractors have met the specific and specified requirements for every tranch of payment and that it is the banks, not the NDDC, that must see to this even in their own interest as responsible corporate citizens?
Did the Office of the AGF even take the trouble to ascertain the paradigms governing many of the issues it chose to comment upon, and without recourse to those who could have explained the issues?
Fortunately, the Director of Finance and Accounts of the NDDC has put a couple of things in proper perspective.
Until this audit report of questionable credibility, all news about the Commission was always either about the new approaches of its current leadership to ensure probity, or the commissioning of hitherto abandoned projects. The new school hostels in eight universities was one such intervention that made recently took over the media space, in addition to the completion of projects suspended by previous leadership. Road networks rehabilitation and completion in several states have been going hand in hand with employment creation and youth empowerment programmes.
click here to read full story
Daily Post
Excerpts:
The recent controversial 2008 – 2012 report of the Auditor General of the Federation (AGF) on the Niger Delta Development Commission (NDDC) has thrown up questions of procedure, propriety and due diligence in the overall conduct of the AGF in the matter.
Did the AGF follow the normal procedure in the audit process, whereby queries, if any, are first presented to the relevant organisation and responses received before a final report?
Is the AGF aware that the NDDC does not write cheques and give same to contractors, but that everything to do with payments is between duly certified contractors and the banks, which must verify the specific details of extent of work before payments?
Is it true that banks only make payments after the respective contractors have met the specific and specified requirements for every tranch of payment and that it is the banks, not the NDDC, that must see to this even in their own interest as responsible corporate citizens?
Did the Office of the AGF even take the trouble to ascertain the paradigms governing many of the issues it chose to comment upon, and without recourse to those who could have explained the issues?
Fortunately, the Director of Finance and Accounts of the NDDC has put a couple of things in proper perspective.
Until this audit report of questionable credibility, all news about the Commission was always either about the new approaches of its current leadership to ensure probity, or the commissioning of hitherto abandoned projects. The new school hostels in eight universities was one such intervention that made recently took over the media space, in addition to the completion of projects suspended by previous leadership. Road networks rehabilitation and completion in several states have been going hand in hand with employment creation and youth empowerment programmes.
click here to read full story
Daily Post
