Categories: BREAKING NEWSMETRO

FG Cancels NDDC Contracts, Calls For Mobilisation Monies Refund

The Federal government has cancelled all contracts awarded by the Niger Delta Development Commission, NDDC, before December 31, 2019.

Also, the government asked the affected contractors, who have been mobilised to refund all monies to NDDC accounts with the Central Bank of Nigeria, CBN.

The government’s directive is contained in a statement by Dr. Ibitoye Abosede Director, Corporate Affairs.

Several probes and dramas have trailed the activities of the intervention agency for some time.

While there appeared to be a lull, a cry went out, weekend, Vanguard reported, that ongoings at NDDC still indicate that a cartel was still running things aground at the commission.

Sponsored

Whether the current directive is a reaction to that cry is yet to be seen.

The NDDC statement read: This is to bring to the notice of all contractors engaged by the Niger Delta Development Commission (NDDC), as well as stakeholders and the general public, that the Presidency has directed that all projects awarded by the Commission before December 31, 2019, for which the beneficiary contractors are yet to mobilise to site, are by this directive cancelled.

“This cancellation is subject to any future re-award in accordance with the Public Procurement Act and in line with the terms of the contracts for the award of the said projects.

“Consequently, all affected contractors are advised to note that all monies earlier received by way of mobilization for any of the projects are to be promptly refunded to the Commission’s Account with the Central Bank of Nigeria.”

SPONSORED
ABN TV EDITOR

ABN TV is one of the most visited news platform across Nigeria and the world over. It has carved a niche for itself in delivering authentic, accurate news.

Recent Posts

‘I Met Dead Bat On My Bed’, Okpebholo Narrates How He Won Edo Guber Poll

The recently sworn in governor of Edo State, Monday Okpebholo, has narrated the spiritual battle…

12 hours ago

Tricycle Stolen At Gunpoint In Umuahia Amidst Of Insecurity In Abia

A daring armed robbery occurred last night in Umuahia when gunmen snatched a tricycle, popularly…

14 hours ago

Delta Assembly Signs Electricity Bill Into Law

The Electricity Power Sector Bill 2024 has been signed into law by the Delta State…

15 hours ago

Declare State Of Emergency On Southern Routes, CSG Urges Tinubu

A new umbrella organization for all southern groups, the Coalition of Southern Groups (CSG), has…

15 hours ago

FG Secures Fresh $134m Loan From AfDB To Boost Dry Season Farming

The Federal Government has secured a loan facility of $134million from the African Development Bank…

16 hours ago

Ebonyi Ex-Commissioner Decamps PDP For APC

Abia Onyike, a former commissioner in Ebonyi State, has joined the All Progressives Congress, the…

16 hours ago