23.2 C
Lagos
Saturday, January 23, 2021
- Advertisement -

Blackmail Will Not Stop Our Investigation of NDDC, Senate Says

Opinion

2020: A Year Like no Other By Dakuku Peterside

The year 2020 was supposed to be a great year. It was another Leap Year – the famed Olympic Games year when...

The Time to Restructure is Now – Bola Tinubu

Being with you at this special event today, I am visited by two competing emotions. I continue to feel a profound sense...

Africa and the COVID-19 Vaccine – By Dakuku Peterside

The year 2020 will forever be synonymous with Covid-19, a pandemic that brought the world to her knees. For the first time...

Buhari is Repressing Human Rights and Getting Away With It – By Kolawole Olaniyan

President Muhammadu Buhari is failing to live up to his promises to ensure respect for human rights, obey the rule of law,...

Peter Nwaoboshi (PDP-Delta), the Chairman of the Senate Committee on Niger Delta Affairs has denied the alleged padding of 2019 Budget of Niger Delta Development Commission (NDDC) by members of the senate.

Mr Nwaoboshi also insisted that the allegation of having removed the regional projects of President Muhammadu Buhari in the budget submitted to the committee and inclusion of 500 non existing projects valued at N80 billion was untrue. He denied the allegation that the committee was not forthcoming in the processes leading to approval of the 2020 Budget of the NDDC, noting that the Senate had approved the commission’s budget in 2016, 2017 and 2018.

Senator Nwaoboshi made the clarifications at news a conference in Abuja on Tuesday.

The Interim Management Committee (IMC) of NDDC had alleged that senators had padded the NDDC’s budget. The Acting Managing Director of NDDC, Kemebradikumo Pondei, and the Executive Director, Projects of NDDC, Dr Cairo Ojougboh had at different press conferences accused the National Assembly of infractions in 2019 budget of NDDC.

The IMC acting managing director and the executive director projects had alleged that the National Assembly had padded the commission’s budget with 500 non existing projects with appropriation of billions of naira.

The NDDC IMC had noted that the budget which would be terminated by May 31 was yet to execute any projects in the region for the fiscal year.

The senate had earlier set up an ad-hoc committee to investigate an alleged misappropriation of N40 billion by the NDDC IMC in the four months of its operations.

Nwaoboshi, who was however not a member of the senate ad-hoc committee investigating the IMC said: “Blackmail will not stop the senate committee from doing its investigation.

“The 2019 budget of NDDC was given to the IMC since April 20, and they signed for it.

“They have been implementing the budget, no complain, while nobody said the budget was balkanised, just because the National Assembly has decided to investigate the activities of the IMC, the issue of payments, balkanisation of the budget, payments among other issues came up.

“Just because the IMC will appear before the Senate Committee to defend its activities.”

He said the National Assembly had the constitutional rights to appropriate and no amount of intimidation would stop the senate from exercising its rights.

He said it was untrue that the committee was not working on the 2020 Budget of the NDDC, noting that the IMC was yet to produce the relevant documents on the budget proposal to the committee.

He urged the IMC to appear before the ad-hoc committee investigating it to prove its innocence over the allegations against the management instead of embarking on cheap blackmail on the National Assembly.

Nwaoboshi said the decision of the Senate to set up an ad-hoc committee was very right, given the series of blackmails on its committee on NDDC committee.

- Advertisement -
- Advertisement -

Business Profiles

Ngozi Edozien

Ngozi Edozien is the founder and Managing Director of Invivo Partners Limited. She has over 20 years’ experience in finance/private equity, general...

Sanyade Okoli

Sanyade Okoli is Chief Executive Officer at Alpha African Advisory. She has over 21 years of financial advisory, private equity, corporate, commercial...

Samuel Nwanze

Samuel Nwanze is a director of Transcorp Power. He holds an MSc. degree in Finance and Management from Cranfield University in the...

Olukemi Adeniji

Ms Adeniji has a law degree and a Masters in International Law and Diplomacy (M.I.L.D) from the University of Lagos. She has...

Chikezie Nwosu

Chikezie Nwosu is an experienced senior executive with over 29 years local and international experience in the oil & gas industry vis-a-viz...