Presidency angry with 2 S’South lawmakers over N184b NDDC scam

Related stories

SSDC: Tinubu Names Nwuche as SSDC Chairman, Usoro Akpabio as MD

By Abiola Olawale President Bola Ahmed Tinubu has announced the...

Relief As Nigeria Clears $3.4bn IMF COVID-19 Loan Five Years After Pandemic

By Kolawole Ojebisi Nigeria is no longer indebted to the...

Unknown Things to Know About Robert Francis Prevost, The First American Pope

By Abiola Olawale In a historic moment for the Catholic...

Compel Akpoti-Uduaghan To Delete Satirical Apology From Social Media Pages, Akpabio Tells Court

By Kolawole Ojebisi Senate President Godswill Akpabio has called on...

Tinubu Touches Down in Anambra, Hails Soludo as ‘Solution Provider’ During Project Unveiling

By Abiola Olawale President Bola Ahmed Tinubu landed in Anambra...

nddcAs the Presidency beams its searchlight on how the Niger Delta Development Commission allowed individuals and companies to make away with N183.7 billion as advanced payments for contracts not yet executed, two top politicians in the National Assembly are being fingered as the arrowheads of the huge loss of public fund.

Top officials of the commission, who tried to explain what led to how the money was lost, blamed the two influential politicians in the NASS of using their positions to corner more than 50 percent of the contracts in the controversial commission.

A director in the commission, who spoke to Vanguard in confidence on Sunday, regretted that the two ‘powerful politicians’ used their membership of the National Assembly committee on the NDDC to influence the award of multi-million Naira contracts to themselves and their cronies.

The director pointed out that the two men-a Senator and a House of Representatives member, used the name of a former president and his wife to intimidate the management and board of the NDDC to award mouth-watering jobs to their companies, claiming to be acting on the instruction of the first family.

The official explained to Vanguard in an interview that the two men virtually relocated to the commission prior to the last election and dictated to the management which contract should be awarded to their cronies and what amount should be paid to them as mobilisation fees.

“The events in the commission in recent months were beyond the control of the Management and board of the NDDC. They were virtually forced to award huge contracts and pay for such even before they were carried put. That is the truth,” a top management staff of NDDC confessed.

“These men actively used their positions in the NASS and their claimed closeness to a former president and his wife to corner most of the jobs and we could not do much to resist them.

“The problem now is that it is the management and the board that have to bear responsibility for the activity of the politicians who have since gone under and pretending as if they know nothing about what they did concerning contract awards in the commission,” the source said.

Although it was not clear last night what President Muhammadu Buhari would do about the Auditor-General’s  Report accusing NDDC of not accounting for the N184 billion it collected from the treasury, sources hinted that the Presidency was furious about the loss of huge loss of public funds to a few individuals.

A source close to the Presidency said last night that the President had been fully briefed by the office of the Secretary to the Government of the Federation, OSGF, which supervises the NDDC even before the AGF came up with the huge amount being mismanaged at the commission and would soon react to the development in the interest of the people of the Niger Delta and Nigeria.

The source did not however give the nature of the action to be taken by the Federal Government about the development in the commission.

It was also learnt that the NDDC had begun some spirited moves to explain how the amount was ‘lost’ to contractors and what it was doing to recover the amount, since it was covered under an Advanced Payment Guaranty by banks.

The total contractual liability of the NDDC stands at N800 billion as at June this year.

The Managing Director of the NDDC, Mr. Dan Abia, could not be reached for comments on the issue as he was said to have travelled to Abuja for some meetings.

The spokesman for the NDDC, Mr. Ibitoye Abosede had distanced himself from the issue of contract-splitting in the commission running into billions of Naira, and declined to comment on it when contacted by Vanguard.

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
SSDC: Tinubu Names Nwuche as SSDC Chairman, Usoro Akpabio as MDRelief As Nigeria Clears $3.4bn IMF COVID-19 Loan Five Years After PandemicUnknown Things to Know About Robert Francis Prevost, The First American PopeCompel Akpoti-Uduaghan To Delete Satirical Apology From Social Media Pages, Akpabio Tells CourtTinubu Touches Down in Anambra, Hails Soludo as ‘Solution Provider’ During Project UnveilingNew Pope Emerges As White Smoke Billows From Sistine ChapelSoludo Declares APGA’s Support for Tinubu Ahead of 2027 Presidential ElectionBill Gates Announces Intention Not To Die Rich, Set To Give Away 99% Of $200bn FortunePeter Obi Queries: Why Have Jonathan's Vocal Critics Become Quiet Despite Worsening Situations?Voting For Next Pope Continues As Black Smoke Emits from Sistine ChapelWhy We Barred Party Uniforms During Tinubu's Visit -- Anambra Govt.Tinubu's Visit: Soludo Bars APGA, APC, PDP Members From Wearing Party UniformsWar on Terror: Match Words With Results, Action, Not Talks -- Shehu Sani Tells FGDonald Trump once refused to endorse JD Vance as his successorCarney says he asked Trump to stop calling Canada 51st state: 'There's a difference between wish and reality'
X whatsapp