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Nairaland Forum / Nairaland / General / Politics / Senate Moves To Investigate N80 Billion Fraud In NDDC (14860 Views)
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Senate Moves To Investigate N80 Billion Fraud In NDDC by stephanie11: 2:09pm On Jul 09, 2020 |
POLITICSNIGERIA.COM President of the Senate, Ahmad Lawan, has said that the allegations of financial recklessness and misappropriation of funds levelled against the Interim Management Committee of the Niger Delta Development Commission (NDDC) are unacceptable hence the decision by the Senate to investigate the activities of the Commission. Lawan stated this in a speech delivered on Thursday to declare open an investigative public hearing by the Senate Ad-Hoc Committee on the Investigation of the Alleged Financial Recklessness in the Niger Delta Development Commission. The NDDC is under the Ministry of Niger Delta Affairs headed by a former governor of Akwa-Ibom state, Godswill Akpabio. The Senate President who underscored the need for the prudent application of public funds by Ministries, Departments and Agencies of Government (MDAs), emphasised that same had become imperative in view of scarce income at the disposal of the Federal Government. “Financial recklessness is not an attribute that anyone can afford, whether rich or poor. It is even worse with the poor, or for the organisation or a country with limited resources. “This is the reason we have always highlighted the need for prudence in the application of public resources. The time when public resources is seen as nobody’s resources is long gone. We are in trying times, when we all have to be concerned about judicious use of scarce incomes. “The NDDC is an important statutory agency that is supposed to improve the lot of the Niger Delta community. It is therefore unacceptable to hear about inappropriate use of resources, or outright financial recklessness,” Lawan said. According to the Senate President, the weighty allegations of misappropriation of public funds to the tune of N80 billion by the Interim Management Committee of the NDDC prompted the upper chamber to investigate the Commission. While urging stakeholders present at the hearing to cooperate with the Ad-Hoc Committee, Lawan assured the public of the Senate’s commitment to fairness and transparency in the discharge of its constitutional responsibility. “This Senate is a responsive Senate, and it was partly the reason we made up this all-important committee in our sitting on Tuesday, 5th May 2020 to investigate the Alleged Financial Recklessness at the NDDC. “I am happy the ad hoc committee has made excellent progress by requesting and receiving vital information from identified stakeholders. “This public hearing should further help the committee get more information, to enable them to come to a pleasant conclusion on the facts on ground, before reporting back to the Senate. “I have trust in the ability of this committee to do the right thing, but I add that you all have to cooperate with them and be open-minded and frank with your submissions. “The Senate will be fair to all. Our aim is to get all evidence, to make excellent decisions, to benefit the citizens. Your cooperation is therefore very important”, the Senate President added. Chairman of the Senate Ad-Hoc Committee investigating financial recklessness in the NDDC, Senator Olubunmi Adetumbi (APC – Ekiti North), in his welcome address said the panel in line with its mandate, seeks “to holistically investigate all financially related allegations, mismanagement and misappropriation and the breach of the extant procurement processes as enshrined in the public procurement Act 2007.” The lawmaker added that, “the exercise is not aimed at witch-hunting any individual, groups, persons or institutions, but to rather get at the root of the matter, that will aid in repositioning the NDDC to effectively deliver on the mandate on which it was established, to block leakages of financial mismanagement as well as promote the effective utilization of its resources for the overall development of the people of the Niger Delta region.” https://politicsnigeria.com/akpabio-in-trouble-as-senate-moves-to-investigate-n80-billion-fraud-in-nddc/ 1 Share
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Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by IamWonderful: 2:10pm On Jul 09, 2020 |
nothing will happen 7 Likes |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by cursedAbiola(f): 2:10pm On Jul 09, 2020 |
not less than a year in office? truly Apc is bokoharam this is the worst government since mankind 62 Likes 7 Shares |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by fulaniHERDSman(m): 2:11pm On Jul 09, 2020 |
Senate They only want their share 11 Likes 3 Shares |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by NwaNimo1(m): 2:11pm On Jul 09, 2020 |
There is God ohh............... [img]https://media./images/fa6acf1b688946f28cc7d2147d30cdd0/tenor.gif[/img] 28 Likes 1 Share |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by yanabasee1(m): 2:18pm On Jul 09, 2020 |
IamWonderful: Why? Because he's above the law? NDDC is a corrupt haven same as NNPC....The corruption taking place in those organizations will shock you..... Akpabio is a thief and should be investigated.... Infact, All APC members should be investigated..... 16 Likes |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by Racoon(m): 2:20pm On Jul 09, 2020 |
The senate president wants to do the damage control for the uncommon defector or demand for his own share of the loot.Why cant the EFCC do the investigation? 3 Likes |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by IamWonderful: 2:27pm On Jul 09, 2020 |
yanabasee1:Where is $100,000 of otedola and lawan farouk, what about $16 billion Obasanjo power reform, what about Atiku privatisation and lots more that were investigated and later swept under the rug. 14 Likes 1 Share |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by donbachi(m): 2:31pm On Jul 09, 2020 |
I feel for nigeria and her future.all these politicians have stripped her of beauty..i could hear her voice from here,she's bleeding in pains.i would have love to help,but i'm helpless. Sorry,mother nigeria. 9 Likes |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by jakD: 2:31pm On Jul 09, 2020 |
Same people that went to welcome him? They're only joking, they can't do anything. They're all criminals. 1 Like |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by hisexcellency34: 2:32pm On Jul 09, 2020 |
They want dollars from the uncommon Minister 1 Like |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by ProfAmaben(m): 2:32pm On Jul 09, 2020 |
Niger Delta! NDDC was setup solely to develop Niger Delta but since it's inception, no reasonable achievement can be put forward by this commission. Niger Deltans are the enemy of their region. I was opportuned to be involved in a project there but their youths and elders vehemently said that we must settle them before we commence a project that would better their lives. One bold elder even said "if the project na 200 million, make una carry half give us half, we no need am". That was the end of that project. Niger Deltans should demand more from NDDC, else, when this oil craze is over, you would only return to marsh land soaked in spilled oil. 18 Likes 4 Shares |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by yesloaded: 2:33pm On Jul 09, 2020 |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by Okuda(m): 2:33pm On Jul 09, 2020 |
anytime senate dey investigate all these stolen funds e just dey oain them say the thing no reach their hand... who is going to investigate the corruption going on in the senate? Farouk Lawan nko? where he dey? 1 Like |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by osamz007: 2:33pm On Jul 09, 2020 |
CORRUPT PEOPLE UNA WAN CHOP UNA SHARE UNA WAN INVESTIGATE N-POWER THEM GIVE UNA SLOTS UNA KEEP QUIET ELDERLY YAHOO MEN |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by Sehodi6401: 2:34pm On Jul 09, 2020 |
My country sha |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by Bet9jaisawin1: 2:34pm On Jul 09, 2020 |
LET'S ANNIHILATE BET9JA! |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by tillaman(m): 2:34pm On Jul 09, 2020 |
We know where their investigation dey go na Na starting we dey always hear 2 Likes |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by Sholaco: 2:34pm On Jul 09, 2020 |
Just look at the people who is investigating fraud |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by positivelord: 2:34pm On Jul 09, 2020 |
Always "set to" "Move to" "concluded plans to" 1 Like
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Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by JosephXavier: 2:34pm On Jul 09, 2020 |
NDDC since its inception has been marred with corruption. That was not the aim of the people ghat fought for that ministry. But the 9th senate investigating it, I don't trust their credibility. The current Senate na scam 1 Like |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by Openbusiness3: 2:36pm On Jul 09, 2020 |
Check my signature |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by Nobody: 2:36pm On Jul 09, 2020 |
We're deceiving ourselves that Nigeria has a democracy. Our government system is called kleptocracy. Get into power, steal, give way for the next person 3 Likes |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by ednut1(m): 2:37pm On Jul 09, 2020 |
Zoogeria which way |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by bluefilm: 2:37pm On Jul 09, 2020 |
I wish it was NCDC. |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by olatade(m): 2:37pm On Jul 09, 2020 |
nothing comes out of every investigation. just wasting time and deceiving themselves. they're all the same. 1 Like |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by IMASTEX: 2:38pm On Jul 09, 2020 |
This is like separating water from water 1 Like |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by pointstores(m): 2:38pm On Jul 09, 2020 |
Nawa |
Re: Senate Moves To Investigate N80 Billion Fraud In NDDC by na2016: 2:38pm On Jul 09, 2020 |
yanabasee1: NDDC is corrupt, Yes! Lawmakers are corrupt, what is you take? Akpabio is a thief, did he steal your yam? Yanabasee1 is a FOOL!!!! |
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