The lawmakers said the fund was allegedly spent without due regard to the Fiscal Responsibility Act.
Also to appear is the Interim Management Committee of NDDC to explain to the house, the plan of the commission to ameliorate the effect of the present economic situation on the region.
He said that the mandate among other things included, to undertake economic, environmental and infrastructural development toward improvement in the quality of life, economic transformation and prosperity in the Niger Delta region. He said that various strategies for the containment of the debilitating effects of COVID-19 had resulted in the current suspension of most businesses in public and private sectors of the Nigerian economy.
“The House Committee on NDDC is inundated with petitions from contractors, stakeholders and public interest groups regarding alleged personnel layoffs and replacement with unqualified and inexperienced persons to man strategic offices in the commission, thereby hampering efficiency and productivity. “70 per cent of the said amount was allegedly made on emergency projects and completion of commission’s headquarters building, without due regard to fiscal governance as encapsulated in the Fiscal Responsibility Act, 2007 and other extant Financial Regulations,’’ he said.
Akpatason said the forensic audit mandated by President Muhammdu Buhari for which the Interim Management Committee was set up was most likely to become “a conduit for forensic looting.’’
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