Operational Flowchart | ENGO Holdings Offshore Rig Bank

End-to-End Operational Structure

This flowchart explains how authority, funding, approvals, disbursements, and compliance operate within ENGO Holdings Offshore Rig Bank. It is designed for regulatory clarity, audit transparency, and institutional review.

1️⃣ Funding & Intervention Sources

Federal Government of Nigeria
UNDP & international development partners
Environmental NGOs
CSR & donor-directed project funds

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2️⃣ Parent Authority

Lincoln ICT Koncept Nigeria Limited

Provides corporate authority & indemnification
Holds legal responsibility and oversight
Controls subsidiary operations

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3️⃣ ENGO Holdings Offshore Rig Bank

Non-deposit, non-commercial structure
Escrow & settlement-only operations
Project-based fund segregation
Digital dashboard & reporting

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4️⃣ Approval & Validation Layer

Written project approvals
Engineering & technical certifications
Community endorsement
Environmental & ESG verification

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5️⃣ Disbursement & Project Execution

Sangana seawall reconstruction
Shoreline protection & erosion control
Flood mitigation
Environmental remediation
Elderly empowerment
Peace stabilization across Keffes 11 host communities

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6️⃣ Monitoring, Reporting & Compliance

Full transaction documentation
Independent audit trails
EFCC & AML compliance
CBN risk-aligned reporting
SDGs 11,13,14,16 alignment

Any diversion, forgery, misrepresentation, or conversion of funds attracts personal criminal liability under Nigerian law.