nawaooh

stephanie11:
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/

Every now and then, there is one fraud or the other being investigated, even fraud investigator is now being investigated on same gene called fraud. What a fraudulent country!

All these useless kangaroo investigations should stop.

The investigators are worse, just like Magu.

donbachi:
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.

Why do you think you are "helpless"?

nameo:


Why do you think you are "helpless"?

my voice will not be heard..they will strangle me,with the help of the voiceless masses.

donbachi:
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.

This is not a time emotional poems.

investigate before they use the money to float another airline

Good

too bad

Only institutions can fight corruption and not the president of a country..nigerians couldn't understand this and thought buhari the no nonsense general would put a halt to corruption by just his utterances..

Nigerians are naive lots..

What kind of country is this for crying out loud. Nigerian youths , are you all going to sit back and watch your future eroded away by these greedy old men. Oh well, y'all are aiming for other developed countries that would take you as 2nd class citizens. It is well.......
..... walks out of thread

Once they hear money...that is when the senate will want to investigate. Nonsense. This people are wicked. People are dying in the North especially the Christians. They won't talk about it.

Senate turns FBI

Akpabio is next

Thieves want to investigate fellow thieves



useless country governed by naive and overzealous religion extremists aboki

IamWonderful:
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.

it baffles me when i see people using corrupt practice as a counter argument against anoda corrupt practices.
so money should be loot bcuz of oda's shenanigans.
CORRUPTION IS CORRUPTION regardless of ethnicity, we nigerians we defend our leaders bcuz of our ethnic affiliation and the sad part is that the money are meant for our betament as a whole nt as a unit or sect of leaders.
let us stop justifying corruption with corruption

On the first financial year, Saint Akpabio failed to bring the senators carry-along bag.

We are all thieves directly or indirectly and mind you there is nothing like small thief or big thief. Stealing millions of naira started from One naira.
Stop looking at our politicians rather look around you those you do business with whether small or big.
Check yourself very well.

And collect their cut

I think we need to consider primitive approaches to deal with corruption in our country.

A Professor of African Philosophy at the Department of Philosophy, University of Lagos, once postulated that every public officer should be made to swear an oath to the deity of his village that he'd not steal nor criminally enrich himself or his cronies, and that a symbol from the shrine of the deity should be hanged in his office so that every morning, he'd see it as a reminder of the oath he took not to be a criminal in public office. The thesis may be laughable for the uninitiated but on close examination, many of our public service holders fear Sango, Ogun and Amadioha than they fear the Bible and Qur'an and a test run might be helpful. This may be a panacea to our national conundrum of corruption. We know that these politicians would start bribing native doctors, but lets start from somewhere.

We are in this country and a human being bought 46 houses. That is madness. People collect contracts and do shoddy jobs. Some agencies have too much money that the urge to steal is irresistible.

A second approach was suggested by Jide Otitoju of TVC yesterday. Medical castration. In his argument, many men's status symbol is the women they control, and mostly use the stolen money to rent expensive suites in hotels. If you know that you'd lose your gbola if you are caught stealing, you won't steal. I can bet if you ask many men to choose between their phallus and having money, not many would be given to sacrificing their manhood.

Perhaps, the Professor's suggestion and Jide's presentation may be implementable.

As if they will truly investigate anything, they will seek for their own share of the money, that's all

So many kinds of Hushpuppi in Nigeria and tomorrow they all will be castigating Hushpuppi and casting aspersions on him.

Not that the financial recklessness
isn't acceptable,


Na say dem chop the money without
sharing with the senators..


chop alone, die alone!!

Akpabio,,,,,,,wait I'm coming

The truth about this matter is that the senate is looking for their cut from NDDC allocation.
Since inception, for every #100 that is budgeted for NDDC the Senate takes at lest #80 and NDDC is left with only #20
If the Minister refuses, the senate threatens with a press release of allegations of corruption and investigations.

Niger Deltans shouldn’t be deceived that they are getting anything from this kangaroo set up of an agency. On paper, it looks like the agency is getting a whole lot of money but the reality is that the money is shared by the senate committee before it is even disbursed.

Guess who heads this senate committee and what region they are from? NDDC has always been hand twisted at the Senate. The problem this time is that Akpabio having been a senator, knows how to negotiate stiffly with them. It seems he is not yielding much.

If NDDC had been taking home even half of their allotment, a lot of projects would have been done

The northern region always makes use of the funds given to dem legitimately to build their region ...while d southern region are always proud to loot any funds given to dem ...

When Northerner show up their investment, the Southerners always show their tribalism thinking dat is d North dey always give funds that dey hardly give the Southern region funds and it's the Southern region that have oil products...



Just imagine wat dis so called NDDC Fools are busy doing wen dey fully know dat there's no tangible project or structure in the South...

yanabasee1:



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.....

I support all ur statements ohh, but please one thing, it's not just APC members nah, all those bastards should be investigated, they all one and the same, no be obaseki don go pdp so


Not just APC, all corrupt politicians should be dealt with properly

corruption in high and low places.

which time NCDC start work they have done 80bn fraud.. how much fraud will they do at the end of covid pandemic. make this people fear God