The Office of the Accountant-General of the Federation (OAGF) and the Central Bank of Nigeria (CBN) has accused the Niger Delta Development Commission (NDDC) of illegal spending of N81.5bn between January and July 2020, after an investigation of thecommision’s spending.
This Accusation was declared at an investigation trial held in Abuja on Wednesday by the House committee on NDDC.
However, the Bureau of Public Procurement (BPP) denied isseing a certificate of No Objection to the Niger Delta Development Commission regarding the procurements made with the said fund.
The Auditor General of the Federation, Anthony Ayinye,in his remark said the NDDC have failed to to submit their audited account for 2019 despite being due since May.
The committee Quizzed representatives of the BPP, CBN and Office of Accountant-General of the Federation, while the Interim Management Committee of the NDDC were not represented at the trial.
Chairman of the Committee, Mr Olubunmi Tunji-Ojo, while speaking to newsmen after the trial said the lawmakers have already confirmed the mismanagement and illegal misappropriation of funds by the NDDC.
The Chairman further said the committee had quizzed the BPP and they would be coming back for further questioning the following day to finalize their submissions, he elucidated that the Commission has seen a number of awarded contracts which were above NDDC’s approval in the BPP submission.
Tunji-Ojo reiterated that the IMC and NDDC will be quizzed for further evidence on Thursday as they had claimed to be indisposed on Wednesday, he also said the Federal Executive Council will also be expected to talk to Nigerians, especially the Niger Delta people.
The views expressed in this article are the writer’s opinion, they do not reflect the views of the Publisher of NEWS 4 NAIJA. Please report any fake news , misinformation or defamatory statements to [email protected]
- Central Bank of Nigeria (CBN Recruitment 2021 ) of Independent Infrastructure Asset Manager
- NGO Jobs in Nigeria for Finance Manager at FHI 360
- Latest Job Vacancies at Marriott International
- NGO Jobs in Nigeria for Program Officer at Catholic Relief Services
- Latest Career Opportunities at Interswitch Group