Reps Threaten Zero Budget For NDDC Over N1trn Contract Debt

Cat:

Related stories

Edwin Cortes: Prefers Being A Small Puerto Rican Than Big American

By Owei Lakemfa To be a citizen of the United...

June 12 And The International Pursuit of Justice For Abiola, By Femi Falana

The June 12, 1993, pro-democracy struggle in Nigeria is...

Breaking Down the West’s $146 Billion 2024 Defence Technology Investment

Advanced technologies like drones, sensors, and even artificial intelligence...

G7 vs. the World: GDP, Population, and Military Strength

Key Takeaways G7 countries represent 28.4% of global GDP...

US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says

U.S. energy firms this week cut the number of...

Ossai Nicholas Ossai, chairman, House of Representatives’ ad-hoc committee on abandoned projects in the Niger Delta, on Monday threatened to cause the House to withhold future budgetary allocations to the Niger Delta Development Commission (NDDC) if it failed to account for previous allocations in the face of contract debts amounting to N1 trillion.

The N1 trillion is the amount owed contractors who have executed projects for the commission.
The ad hoc panel was said to have also found out that hundreds of billions of tax payers’ money were frittered away by contractors who took mobilisation fees but never went to sites.
The latest threat is coming amidst the failure of the NDDC management to honour invitations extended by the panel which is holding investigative hearings on the matter, leaving only debtor-contractors to make presentations before the committee.
Many of these contractors denounced the agency, saying that it was currently having a debt profile of N1 trillion from the projects that had been executed in the nine NDDC states.
Reacting to the scenario, the visibly infuriated Ossai noted that from the documents submitted to the committee, many of these contractors had completed their jobs and were still being owed long after they had executed jobs for the agency.
“For contractors who have finished their jobs and have not been paid, we are going to use our powers to ensure that provisions are made in the next budget for such, otherwise we may not pass it,” he said.
At the hearing, one of the contractors, Amb. Fubara Blessing, told the committee that so much money had been voted for the NDDC but that none of the contractors had been paid by the agency.
He advised the committee to ensure that it plugged all the loopholes that had been identified in the payment system to ensure that no contractor was paid a dime by the agency until all contracts awarded by it were completed to avoid creation of more abandoned projects.
Other contractors at the hearing also told the panel that most of the contractors didn’t go to the site despite having been mobilised for the jobs.
Oghogho, the Chief Executive Officer of Emeni of Atom Global Contractors Ltd, lamented that most women contractors were not given jobs to execute in the agency despite having qualifications to execute them.
The panel later adjourned the hearing to Wednesday, September 25, 2019 for more contractors to appear and give more testimonies, whilst hoping that the NDDC management would make appearance on that day.

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

Latest stories

NDN
Latest News
Edwin Cortes: Prefers Being A Small Puerto Rican Than Big AmericanJune 12 And The International Pursuit of Justice For Abiola, By Femi FalanaBreaking Down the West’s $146 Billion 2024 Defence Technology InvestmentG7 vs. the World: GDP, Population, and Military StrengthUS drillers cut oil and gas rigs for 10th week in a row, Baker Hughes saysExclusive! Tinubu Tips Late Ajimobi's Wife, Florence, Others for Ambassadorial PostsTinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter RufaiNatasha vs Akpabio: Court Orders Senate President To Recall Senator NatashaHadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APCChina Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsHow Super Eagles Icon Peter Rufai passed Away at 61Dakuku Peterside’s Beneath the Surface Book Out in OctoberOil Prices Dip on Confirmation of Inventory BuildBuhari In Stable Condition - Ex-Aide ConfirmsBREAKING: Ex-President Buhari sick, hospitalised abroad
X whatsapp