Nigeria: N423 Billion for Projects in Niger Delta Misappropriated, Says Minister

Abuja — The Technical Audit Committee set up to review projects in the Niger Delta between 2009 and 2015 has said 88 per cent of the N423 billion earmarked for its infrastructural development was misappropriated.

The panel report indicated that only 60 per cent of the N700 billion appropriated for the oil-rich area during the tenures of the late President Umaru Musa Yar'Adua and Dr. Goodluck Jonathan was expended.

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