MDA

Niger Delta Development Commission (NDDC)

Project Location/State

Rivers State

Award Year

2010

Contract Sum

₦16,222,492,843.76.

Amount Paid

₦16,222,492,843.76

Unaccounted

₦999,211,125.00

Context/Observation

The Managing Director should be sanctioned for variation of contract without compliance with due process.

Evidence of approval for the variation from appropriate body should be furnished.

The preliminaries sum of ₦978,877,500.00 added to the contract sum should be deducted from the contract since the project was not new. Outcome should be forwarded to the Office of the Auditor-General for Federation for verification.
Please cause the Contractor to produce the insurance policy obtained in respect of this project; otherwise recover the sum of N107,875,000 from him and forward the recovery particulars to the Office of the Auditor-General for Federation for verification.

The Management of NDDC to comment on this obvious flaw in award of contract and to forward a well-documented BOQ to the Office of the Auditor-General for Federation for proper evaluation;

The Management should furnish to the Office of the Auditor-General for Federation with the back-up valuation in respect of the Interim Payment Certificate aforementioned for audit scrutiny and comment; and

The Management should explain and comment on the reasonableness of the provision of the sum of ₦978,877,500.00 for Bill 01 without evidence of utilization.

Contractor

RODNAB Construction Ltd & Raycon & Co Nigeria Ltd

Beneficial Ownership Information

N/A

Legislative Recommendation

N/A

Executive Action

N/A

Progress Report

N/A

Data Source

AuGF Report on NDDC (2013-2018)

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