(a) We discovered a total sum of ₦109,205,812.01 had been paid to the contractor as at 6/10/2017. Records show that the award letter was issued based on the track record of the previous project without recourse to due process.
(b) During the physical inspection carried out at the project site together with the NDDC Akwa Ibom State Office Engineers it was discovered that interim payment certificate No.01 of this project was issued on 4th August, 2017 by Engr Ime E. James. totaling ₦109,205,812.01. The payment on the valuation was effected vide PV No. 88367 dated 6th October,2017 without back up valuation to explain what was in the certificate. The actual scope of work executed was ₦55,555,332.01 resulting to over payment to the contractor to the tune of ₦53,650,480.00.

Risks
Loss of Government Fund.
Internal control failure.

Recommendations
The MD/CEO is required to recover the sum of N53,650,480.00 paid for work not executed by the contractor, failing which the Director Project Monitoring and Supervision (PMS) that approved the work and signed the interim payment certificates should be made to refund same.
Evidence of the recovery should be forwarded to the Office of the Auditor-General for Federation for verification.