NDDC dismisses allegations of missing N183.7bn as untrue

Hamilton Nwosa
Writer

Ad

Israel’s strike on Hamas leaders in Doha ignites global backlash, tests US-Qatar ties

By Obinna Uballa Israel’s unprecedented strike on Hamas leaders in Qatar’s capital Doha on Tuesday has triggered an international backlash, raising fears of a wider regional escalation. Hamas says six people were killed, including one Qatari security officer, but insists its senior negotiators, led by Khalil al-Hayya, survived. The Israeli military confirmed it carried out…

‎ ‎How Conflict and Piracy Endanger Global Oil and Gas Transit ‎

Rystad Energy's analysis indicates that the world's five most critical maritime chokepoints are facing escalating risks from conflict, piracy, and environmental hazards, posing a growing threat to global energy security. ‎ ‎These chokepoints, including the Strait of Malacca, Strait of Hormuz, Suez Canal/Bab el-Mandeb, Turkish Straits, and Cape of Good Hope, are vital for transporting…

Ranked: The Size of European Economies by GDP (PPP) in 2025

Key Takeaways Western Europe makes up the largest portion of the $43.8 trillion PPP-adjusted European economy, when measured in International dollars. Eastern Europe ($12.8T) outperforms both Northern ($7.8T) and Southern Europe ($8.3T) in PPP terms, helped in large part by the Russian economy ($7.2T). However, by nominal USD terms, Eastern Europe is the smallest ($4.6T), outweighed by…

Ad

NIGER DELTA DEVELOPMENTPORT HARCOURT – Niger Delta Development Commission, NDDC has dismissed as untrue allegations that N183.7  billion of the commission was missing 

Executive Director, Finance and Administration of the commission, Mr Henry Ogiri who spoke at Abua, Ahoada West local government area , Rivers state said the allegation of missing fund contained in the report of the Auditor General of the Federation , Mr Samuel Ukura to the National Assembly was allegedly premature and misinforming.

He said: “I find the report very misleading and untrue. It tended to portray the current management as being responsible for the missing money when in fact the period covered by the report is 2008-2012. I will say without fear of contradiction that the Auditor-General’s report is premature. I say this because we are already putting together the responses to the queries which were directed to a period we were not in the commission.”

“I completely disagree with the Auditor-General on this issue. Some of the claims he made in his report are things that do not hold water as at today. However, we are at an advanced stage of writing our own report. But from our preliminary findings, I do not believe that there is any money missing. The current management is quite capable of giving a proper account of the Commission’s finances based on available records. It does not matter that we were not there for the period under review.”

He further  alleged that some of the monies the Auditor General raised in his report were in a suspense account while the audit was on. 

“We no longer pay mobilization for contract jobs. Our contractors are now expected to demonstrate their competence and capability before payments are made. In addition, we now insist on proper scoping for our jobs, as well as holding pre-award meetings to tie all loose ends,” he said.

Ogiri also inspected the 23. 5 kilometer Otuasega-Obedum-Emelego roadproject being constructed by the commission. The road links Bayelsa and Rivers 

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp