President MUHAMMADU BUHARI has said his administration is reviewing the concluded forensic audit of the Niger Delta Development Commission (NDDC) with a view to recovering every kobo that is recoverable.

The President had ordered a forensic audit of the NDDC in October 2019 to probe alleged financial misappropriation.

Speaking in Abuja at the virtual commissioning of the NDDC Prototype Hostel at the University of Uyo, Akwa Ibom, Buhari pledged to prosecute those found culpable in accordance with the law.

According to the President, it was regrettable that the special development fund of the entire region was squandered by a few for more than 20 years, leaving many in penury.

President BUHARI directed that all abandoned projects that directly impact the livelihood of the people should be revived and completed.

This is as he noted that the contract for the building of 1,050 capacity hostel for male and female students was awarded in 2004, and like many others, it was abandoned.