Revealed! NDDC spent N1.3trillion within four years, says Senate, …as Reps probe disappearance of N100bn disbursed to North-East Commission

Nigerian Senate ad hoc committee investigating the misappropriation of funds in the Niger Delta Development Commission (NDDC) said the agency had spent N1.3 trillion within four years. In the report read on Thursday by the Senate Committee Chairman, Senator Olubunmi Adetunmbi, the NDDC spent the N1.3 trillion between 2015 and May 31, 2019. Adetunmbi said many of the expenses were extra-budgetary. The investigation report revealed that the NDDC paid 4.9billion Naira to staffs for numerous allowances, which include COVID-19 relief, tour duty allowances, overseas travel, and international scholarships.    The payment…

Read More