NLNG Corporate Caring banner FirstGem 3rd anniversay lecture Fidelity bank card banner Emerald Energy Institute Camano banner

Senate investigates N2.5bn NDDC contract inflation

By Hamisu Kabir Matazu on 18/10/2019

Gmail icon

Views: 382


Senate Committee on Public Account has commenced an investigation into the inflation of N2.5 billion contract to N65 billion by the Niger Delta Development Commission (NDDC). The committee, chaired by Senator Matthew Urhoghide (PDP, Edo South), convened an open investigative hearing on Thursday.

Urhoghide said that the probe became necessary in order to ascertain if due processes were followed in the award of the contracts or no.

He said available information indicated that the agency exceeded budget limits, which constitute serious offence.

The representative of the Managing Director of NDDC, who is the Director on Special Duties, Nosakhare Agbongiaede, told the lawmakers that the Managing Director was indisposed.

He appealed to the Committee to fix the meeting for another day that is convenient to the lawmakers.

On non-submission of the relevant documents to the committee, Nosakhare said it was an oversight on the part of the commission, promising to provide all relevant documents to the committee on Monday.

In his response, the committee chairman, revealed that N2.5 billion was budgeted for desalting and clearing of water hyacinths.

“We are hearing that the Commission has spent N65 billion. So, we want to know if it is true. Is it an allegation or an assumption?

“We want to make sure that all mechanisms, all processes of doing government business, particularly when it comes to expenditure of public funds, are done transparently.

“This committee is charged with the responsibility of ensuring that there is transparency, accountability and economy that ensures that there is value for money.

“Once we are able to ascertain that the Commission has done it well, of course, they are not going to have any problem. If not, we will recommend appropriate sanctions,” he said. (Daily Trust)

 

 

Source News Express

Posted 18/10/2019 12:47:42 AM

 

 

CLASSIFIED ADS

 

You may also like...
Lagos-Ibadan expressway gridlock: residents turn refugees on Island,...

AFCON U-17: Golden Eaglets edge Tanzania in 9-goal...

Taraba Govt. appeals to labour to call off...

Those who should be crying

Poor performance: Heads of Imo parastatals face sack...

Immigration demands more funding, modern gadgets

Bomb Threat: Air Peace makes emergency landing at...

We’ll not rest until Chibok girls are rescued,...

Dangote named one of the most powerful persons...

Kaduna Assembly passes N214bn 2017 Budget

How 10-man Real Madrid vanquished hosts Barcelona in...

Buhari to meet Putin in Russia

 

Latest News Prepare for four more years of Buhari dictatorship — Adegboruwa •Warns that bad leadership may kill Nigeria 24 soldiers killed in surprise attack Jonathan faces suspension over PDP’s defeat in Bayelsa Oshiomhole didn’t pay salaries, pension of workers in 18 LGs — Edo SSG Bayelsa Guber: Gov. Dickson made victory for APC much easier ― Minister Muslim lawyers condemn arrest, detention of Sharia Court judge, others over alleged illegal marriage I won Bayelsa guber poll, PDP’s Diri insists •Asks INEC to declare him Governor-Elect Kogi Guber Poll: 16 candidates accept results, congratulate Bello Boko Haram fighters kill five villagers Malabu: FG to extradite ex-AGF, Adoke, over N288.6bn oil deal Ebonyi Building Collapse: Lawmaker offsets victims’ hospital bills NBA decries high spate of violence during Bayelsa, Kogi guber elections

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (563,777 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (452,759 views) Shameless Genevieve Nnaji exposes breasts in public (402,022 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (336,468 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (304,061 views) 10 cars more expensive than Jets (282,281 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (259,128 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (257,353 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (238,882 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (225,274 views) Lagos plane crash: Journalist releases victims’ names (201,714 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (198,336 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (110) Business & Economy (4,576) Business Verdict (86) Columnists (1,144) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (704) Features (845) Global Business Monitor (493) ICT Monitor (67) International (4,221) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (490) News (54,121) Opinion (1,421) Pidgin (17) Politics (11,773) Religion (1,121) Sports (2,227) Stock Watch (40) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera