Senate Moves to Probe Misappropriation of N80bn by NDDC Interim Management Committee
By Our Reporter Abuja (Precise Post) – President of the Senate, Ahmad Lawan, has said that the allegations of N80billion misappropriation levelled against the Interim Management Committee of the Niger Delta Development Commission (NDDC) are unacceptable hence the decision by the Senate to investigate the activities of the Commission. Lawan stated this in a speech delivered on Thursday to declare open an investigative public hearing by the Senate Ad-Hoc Committee on the Investigation of the Alleged Financial Recklessness in the Niger Delta Development Commission. The NDDC is under the Ministry of Niger Delta Affairs headed by a former governor of Akwa-Ibom state, Godswill Akpabio. The Senate President who underscored the need for the prudent application of public funds by Ministries, Departments and Agencies of Government (MDAs), emphasised that same had become imperative in view of scarce income at the disposal of the Federal Government. “Financial recklessness is not an attribute that anyone can afford, whether rich or poor. It is even worse with the poor, or for the organisation or a country with limited resources. “This is the reason we …
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