Tuesday, July 6, 2021

NCDMB recovers $100m from forensic audit remittances

   



    Nigerian Content Development and Monitoring Board (NCDMB) has recovered about 100 million dollars of undisputed obligations from forensic audit remittances between 2010 and 2017. Mr Simbi Wabote, Executive Secretary, NCDMB, made this known this while declaring open the “Nigerian Content Seminar”, at the Nigerian Oil and Gas (NOG) Conference in Abuja on Monday.

  “In respect of the non-remittance of the NCDMB fund, I wish to announce that we have recovered close to 100million dollars of undisputed obligations from forensic audit remittances between 2010 and 2017 “The disputed obligations are being closed down to bring this exercise to a close.

   “Let me use this opportunity to announce that the third party forensic audit remittances for the year 2018, 2019 and 2020 are scheduled to begin fourth quarter of this year. “Upon completion, this should bring our books up to date on backlog of remittances,” Wabote said.

VANGUARD


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