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NDDC spends N2.1 bln on media relations in 7-month ~CBN, AGF reports

By on August 7, 2020 0 123 Views

The Interim Management Committee of the Niger Delta Development Commission (NDDC) spent N2.1 billion on public communication between October 2019 and May 2020, reports by both the Central Bank of Nigeria and the Office of the Accountant-General of the Federation have shown.
However, the reports of the CBN and AGF contrasted with the NDDC claims of spending only N1.i billion on communications related expenses over a period of seven months.
The CBN report on NDDC expenditures submitted to the Senate ad hoc investigative panel showed that the agency IMC led by its former acting managing director, Joi Nunieh spent N17 million between October 31, 2019 and February 18, 2020, while the IMC under the presenting acting managing director, Daniel Pondei spent the rest between February 19 and May 31, 2020.
The NDDC IMC has been under the parliamentary searchlight in the last few months following allegations of reckless spending by the NDDC management and allegations of missing N40 billion from the coffer of the agency.
The Senate panel accused the IMC of understating its expenditure in its report to its committee investigating allegations of corruption in the intervention agency.

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