Recently, the Chairman, Special Presidential Investigation Panel for the Recovery of Public Property, Mr. Okoi Obono-Obla, led a delegation on a courtesy visit to the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Wabote Simbi at the board’s Liaison office in Abuja.
The Special Presidential Investigation Panel (SPIP) for recovery of Public property, pledged to support the Nigerian Content Development and Monitoring (NCDMB) in the recovery of unremitted one percent deductions of the Nigerian Content Development Fund from defaulters.
“We are aware that NCDMB is mandated by law to get 1% from every contract in the oil and gas industry for development of Nigerian Content, we are willing to partner with the Board to prosecute companies that default and ensure recovery of the fund to the Board. The Board is ready and will partner with this Panel in ensuring that those that are not remitting to the fund are duly sanctioned,” Okoi Obono-Obla
Further speaking, Wabote stated that, “We will ensure that through this collaboration between (NCDMB) and (SPIP) we will bring some level of discipline among stakeholders that have obligations to meet, they must be made to obey and respect the law”.
Also present with Wabote during the visit were Mr. Isaac Yalah, Dir, Finance and Personnel, Directorate, Engr. Dr. G.O Ginah, GM, Zonal Coordination/Corporate Communication, Engr. Paul Zuhumben, GM, Projects and Operations Division and Engr. Abayomi Bamidele, STA to ES.