NDDC Has No Approval For 1,691 Contracts, Operates 22 Bank Accounts

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Members of Senate Committee on Public Account were surprised on Wednesday as the Niger Delta Development Commission ‎was unable to show approval for 1,691 contracts awarded by the Commission between 2014 and 2016.

The members of the Commission, wh‎o appeared before Senate Committee on Public Accounts, could only make available six approvals for contracts out 1,697 contracts claimed to have been executed by the commission.

The Senate Committee was also infuriated over the operation 22 bank accounts instead of four approved for the Commission before the ‎introduction of the Treasury Single Account.

In his opening remarks, the Chairman of the Committee, Senator Andy Uba, lambasted the Commission for its disregard for accountability.

The chairman said the committee decided to look into the details of contracts awarded by the Commission because ‎of series of petitions written against the agency in the award of contracts.

In her response, the Acting Managing Director of the Commission, Ibim Semenitari, explained to the ‎Committee that the agency failed to honour its invitation due to the enormous tasks before it.

The NDDC boss later informed the committee that a total of N23.5 billion had been given to the Commission by ‎the Federal Government in addition to N87.1 billion received from oil companies as part of their contributions to the NDDC budget.

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