MDA

Niger Delta Development Commission (NDDC)

Project Location/State

Delta State

Award Year

Contract Sum

₦1bn

Amount Paid

₦521.3m

Unaccounted

₦458.8m

Context/Observation

It is recommended by the Auditor-General for the Federation that the unearned payment of N458,821,440.00 over and above the value of work done before the contract was completely abandoned/terminated should be recovered from the contractor failing which the bank that guarantee the unrecovered element of the23mobilization in respect of the contract should be held responsible and the contractor blacklisted with evidence of the recovery should be forwarded to my office for verification.
Also, the present status of mobilization bank bond in respect of the project and efforts made by the Management to recover excess payments from the contractor after abandoning the site should be forwarded to the Office of the Auditor-General for the Federation.

Contractor

MESSRS FOBY ENGINEERING COMPANY

Beneficial Ownership Information

N/A

Legislative Recommendation

N/A

Executive Action

N/A

Progress Report

N/A

Data Source

AuGF Report on NDDC (2008-2012)

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