Featured
NDDC Money Is Intact, Acting MD Reacts To N40 bn Probe
Joel Ajayi
The Acting Managing Director of the Niger Delta Development Commission (NDDC) Prof. Kemebradikumo Pondei, revealed that N40 billion was not missing from the commission’s account neither has it been misappropriated.
Pondei, while addressing journalists in Abuja said that the commission operates only one account with the Central Bank of Nigeria (CBN).
According to him, there is no way such an amount will be missing without the Office of the Accountant General flagging it.
According to him, If you attended the hearing in the Senate, the CBN and the Accountant General’s office, gave account of how much that had been spent by the two interim management committees of the NDDC which was N81 billion.
“Out of the N81 billion, N59.1 billion was recorded to have been spent by this particular management committee here.
“In the same report from both agencies, the commission spent N38.6 billion on projects and over N35 billions of this amount, we have published in the media and none of the contractors have come out to say that they did not receive that money.
“The balance of N20.5 billion covered a wide range of things from grossly related to staff matters mostly salaries, historical debts we inherited because the IMC cleared a backlog of files left untreated that were left to continue, we have paid back hotel bills that have been there for long, Staff Duty Tour Allowances (DTA) for almost four years,” he said.
Pondei said that some staff had gone out for different assignments and for almost four years, they were yet to be paid saying that the management was clearing those.
According to him, we are still owing Transcorp Hilton Hotel N30 million and by the grace of God, we will take care of all of those.
“Apart from that we have done different interventions; nobody can find N40 billion missing, we operate accounts only in the CBN and the accounts there were published and it is from there that the investigation in the Senate was based on, the account provided by the CBN, item by item.
“So there is no way N40 billion can be missing and the office of the Account General will not flag it, the Auditor General Office also audit accounts, so let them wait and do the proper auditing and if we are found liable, then they will know what to do.
“That is why the National Assembly has the Public Account Committee which looks into all types of expenditure and revenue and does it mostly as a postmortem.”
Featured
CSO Salutes Trump
A Civil Society Organization (CSO) under the aegis of Initiative for Leadership Development and Change (ILDC) has congratulated President Donald Trump as the 47th President of the United States of America.
Chief Ugochukwu Nnam, President of the CSO said this in an interview with the Newsmen in Abuja on Monday.
He expressed optimism over improvement on not just American economy but global economy with the inauguration of Trump.
“This is a man with greater vision of making environment around him great.
“In less than few hours of his inauguration, TikTok is back into existence, this shows how he is going to revive the world economy,” he said.
The ILDC boss who reiterated his confidence in Trump’s Presidency, described him as a man of clues and ideas to drive a stable America and the world at large.
He lauded Trump’s collaboration with global entrepreneurs like Elon Musk in an effort to revitalize America’s economy.
According to him, men and women of ideas flock together, they work together for better society and this is what Trump is doing.
Recall that Donald Trump became the 47th President of the U.S by polling 312 electoral votes Vice President Kamala Harris’ 226 votes in Nov, 2024.
Following the oath of office, Trump will address the nation before he is expected to parade across town to the White House and attend three inaugural balls in the evening
About 200,000 supporters are expected to visit the city to mark the presidential transfer of power.
-
Featured6 years agoLampard Names New Chelsea Manager
-
Featured5 years agoFG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured6 years agoNYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured5 years agoChildren Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured3 years agoTransfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Sports2 years ago
TINUBU LAMBAST DELE MOMODU
-
News1 month agoZulu to Super Eagles B team, President Tinubu is happy with you
-
Featured5 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones
