NDDC’s IMC under probe over N40b - The Nation Nigeria

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NDDC’s IMC under probe over N40b - The Nation Nigeria
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A probe of alleged “reckless” spending of N40billion by the Niger Delta Development Commission (NDDC) Interim Management Committee (IMC) was launched by the National Assembly on Tuesday.

The Senate and the House of Representatives set up separate ad-hoc committees to investigate the allegation.The Senate ad-hoc committee, chaired by Senator Olubunmi Adetunmbi , is to probe the sum allegedly spent within three months without due process.

Sekibo, in his lead debate, said it was worrying that what is on the ground in the Niger Delta does not justify the huge funds allocated to the NDDC over the years. Sekibo urged the Senate to mandate the Senate Committee on Niger Delta Affairs to carry out a holistic investigation of all issues relating to but not limited to misapplication and misappropriation of the N40 billion.

Senate Committee on Niger Delta Affairs Chairman Senator Peter Nwaoboshi, however, objected to assertions that the Committee may have been negligent in its oversight duties.

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