Abuja - The Niger Delta Development Watch (NDDW) has called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC) to investigate the financial activities and transactions of the Niger Delta Development Commission (NDDC).
The non-governmental organisation, through its Coordinator, Joseph Ebelo, said the investigations had become necessary in order to track the over N5 trillion that had been expended on the Niger Delta through the commission to promote development.
Ebelo said there was no commensurate infrastructure development on ground to show for the expenditure.
“The NDDC was an interventionist agency of the Olusegun Obasanjo administration in 1999 to cushion and alleviate the prevailing poverty in the Niger Delta region, but instead the Commission has not improved the economic and social wellbeing of the down-trodden people of the region,” Ebelo said
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The group alleged that the multi-billion Naira Nworie River Dredging contract, among others, was never executed and payments were made to Roudo Nigeria Limited who failed to execute the contracts. “So much money has been siphoned from the NDDC coffers through contractors and many other phony deals,” Ebelo added.
The group called on the anti-corruption agencies to “swing into action”
and investigate those involved in the alleged looting and financial misappropriation in the NDDC since its inception.
NDDC was established in 2000 with the mission of facilitating the rapid, even and sustainable development of the Niger Delta. Comment could be obtained from the organisation.
- CAJ News