Probe: More Discord Recorded As CBN, OAGF, NDDC Clash over N2.1bn Media Expenses

Related stories

Ramaphosa, Trump Meet Soon Over Strained South Africa-US Relations After Ambassador Rasool’s Expulsion

By Abiola Olawale South African President Cyril Ramaphosa has announced...

Eminent Scholar- Diplomat, Ibrahim Gambari Showers Accolades On Emir of Ilorin, Ibrahim Sulu-Gambari, on His 85th Birthday

By Abiola Olawale Eminent Scholar-Diplomat, former Nigeria’s Foreign Affairs Minister...

Relief As NiMet Workers Call Off Strike After FG’s Brokered Truce

By Abiola Olawale Workers of the Nigerian Meteorological Agency (NiMET)...

‘No Comment’…Reps Decline Response As Ibas Shuns Panel On Rivers Emergency Rule Again

By Kolawole Ojebisi The House of Representatives Ad-Hoc Committee on...

Poverty Will Increase In Nigeria By 3.6% Over Next Five Years — World Bank

By Kolawole Ojebisi The World Bank has projected a bleak...

More discord has been recorded in the figures emanating from government agencies in respect of ongoing investigations being carried out at the National Assembly on the expenditure patterns at the Niger Delta Development Commission, NDDC.

While the declared records of the Central Bank of Nigeria and the Office of the Accountant-General of the Federation showed that the Interim Management Committee of the Niger Delta Development Commission spent N2.1bn on public communication between October 2019 and May 2020, the commission itself had presented a conflicting record of N1.1bn in its submission to the Senate ad hoc investigative panel report.

Details of the reports revealed that the CBN and the OAGF agreed that the agency spent N2.1bn, contrary to the IMC’s record of N1.1bn.NDDC CBN new

Read also: Alleged Massive Corruption In NDDC: Group Wants Appointees Sacked, Calls For Prosecution

According to the report, the IMC under the Joi Nunieh leadership as managing director spent N17m between October 31, 2019 and February 18, 2020, while the IMC under Prof. Daniel Pondei, spent the rest between February 19 and May 31, 2020.

The report read in part, “It must be noted that the expenditure record for the heading is about N2.1bn in the report of the Accountant General of the Federation and the Central Bank of Nigeria, shows an under-declaration in the NDDC figure.

“The management in its record, under IMC-1, spent N17m on media outreach, while the Expanded IMC spent a more significant amount of N1.1bn in the NDDC records.”

Apart from that, the CBN, OAGF and the management presented three different payments by the NDDC between October 31, 2019 and May this year.

Read also: Anxiety As China Begins Major Trial of State-Run Digital Currency

For instance, the CBN presented to the panel, a record of N92, 233,216,061, OAGF presented N82,495,259,314 while the NDDC record showed N81,549,894,866, as total amount spent by the agency during the period.

Hamilton Nwosa(head, The New Diplomat’s Business And Data Tracking Desk)
Hamilton Nwosa(head, The New Diplomat’s Business And Data Tracking Desk)
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
Ramaphosa, Trump Meet Soon Over Strained South Africa-US Relations After Ambassador Rasool's ExpulsionEminent Scholar- Diplomat, Ibrahim Gambari Showers Accolades On Emir of Ilorin, Ibrahim Sulu-Gambari, on His 85th BirthdayRelief As NiMet Workers Call Off Strike After FG’s Brokered Truce'No Comment'...Reps Decline Response As Ibas Shuns Panel On Rivers Emergency Rule AgainPoverty Will Increase In Nigeria By 3.6% Over Next Five Years -- World BankAlleged N1.3trn Fraud: Court Authorizes EFCC to Arrest Six CBEX PromotersDaddy Showkey Slams Niger Governor Over Arrest Order Against People With DreadlocksWhy I'll Never Join Wike, Others To Insult Odili -- AmaechiOkowa, Oborevwori's Defection: Atiku's Future Bleak As Allies Give 'Leprous' Coalition Wide Berth -- OnanugaNNPCL Set for Forensic Audit, Says Minister EdunPope Francis's Doctor Provides Fresh Update on the Pontiff's Death: “He Died Without Suffering”Obama's Wife, Michelle, Breaks Silence On Why She Shunned Trump's InaugurationJubilation As FG Releases N50bn To Clear ASUU, Other Varsity Staff AllowancesNiger Gov. Backtracks On Deadlocks Ban Amid Public OutrageNiger State Governor Umaru Bago Orders Burnaboy, Jay-z, Faze, Victor Moses, Timaya, Solidstar, Rema, Others Arrested if Found in Niger State
X whatsapp