Nyesom Wike
Home Highlight NDDC has become a cash cow for politicians – Wike
Highlight

NDDC has become a cash cow for politicians – Wike

93
  • Says Niger Delta Governors demanded for forensic audit due to massive rot in commission

 

Rivers State Governor, Nyesom Wike, has stated that the Niger Delta Development Commission (NDDC), is now a political institution, as it has become a cash cow for politicians.

The governor further reiterated that the commission has collapsed, thereby losing its capacity to deliver development to the Niger Delta.

Wike who stated this on Wednesday, when the interim management committee of NDDC, paid a courtesy visit to the Government House, Port Harcourt, said: “those who fought for the establishment of NDDC will weep that the Commission has deviated from its mandate. NDDC has collapsed. NDDC has become a cash cow for politicians.

“NDDC is now a political institution. NDDC stole our money. There was an agreement for the Rivers State Government and NDDC to collaborate for the construction of the Mother and Child Hospital.

“NDDC refused to pay her counterpart fund. Even the N800 million paid by the Rivers State Government, the NDDC only paid N400m to the contractor and diverted N400 million.

“If they don’t pay our money, we will Institute a legal action against them to retrieve our money.”

He disclosed that it was Niger Delta Governors that demanded the forensic audit of the NDDC, because of the massive rot in the commission.

Wike said: “Niger Delta Governors asked for the forensic audit of the NDDC when we met with the President. We also asked for the setting up of the Board of Governors for NDDC.

“Despite all the funds pumped into NDDC, the commission has accumulated huge debts with no meaningful projects across the Niger Delta. The commission has also refused to patronise reputable contractors for projects.

“I urge the interim committee to carry out a proper audit.”

Speaking, the Acting Managing Director of NDDC, Gbene Joi Nunieh, said that the Commission is determined to partner with Niger Delta Governors for the development of the region.

She urged the Rivers State Governor to forget the past failures of NDDC and partner with the commission, as she sought the assistance of the Governor in the areas of health and education.

She revealed that some cottage hospitals completed by the NDDC, have been illegally occupied.

Leave a comment

Related Articles

HighlightOil & Gas

NNPCL ranks third for free cash flow generation among African oil companies by 2024 – Report

The Nigerian National Petroleum Company Limited (NNPC Ltd) has been ranked third...

HighlightTrending Story

2024 Appropriation Bill scales second reading at House of Reps

The House of Representatives on Thursday began debate on the general principles...

HighlightTrending Story

Nigerians worry more about rising prices of commodities, not budgetary arithmetic — Rewane

Renowned economist and Managing Director/CEO, Financial Derivatives Company Ltd, Mr Bismarck Rewane,...

HighlightTrending Story

COP28: UN calls for cooperation, action to get humanity back on track

The Executive Secretary of the United Nations Framework Convention on Climate Change,...

HighlightTrending Story

2024 budget: Reps convene first budget town hall meetings for public input

The Speaker of the House of Representatives, Mr Tajudeen Abbas, has assured...

HighlightTrending Story

Nigeria’s debt may climb above $51.75bn as FG plans to borrow N7.8trn for 2024 budget deficit

President Bola Ahmed Tinubu said on Wednesday that his government will finance...

HighlightTrending Story

Old, new Naira notes to co-exist till further notice, Supreme Court rules

The Supreme Court on Wednesday ordered that the old N200, N500, N1000...

HighlightTrending Story

Night of thrills and anguish in day one of match day five of UCL

A rejuvenated Manchester City in the second half and a controversial extra...

HighlightTrending Story

Solid Minerals Minister, Alake, dangles carrot before investors in London

The Minister of Solid Minerals Development, Mr Dele Alake, has asked foreign...

HighlightTrending Story

Ex-CBN Gov. Emefiele back to prison over unmet bail conditions, trial adjourned to January 2024

A former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has yet...

HighlightTrending Story

Senate President confirms Tinubu’s 2024 budget presentation Nov. 29

Senate President Godswill Akpabio has confirmed that President Bola Tinubu will on...

Highlight

Tinubu off to Dubai again for Climate Change Summit

President Bola Tinubu will on Wednesday travel to Dubai, United Arab Emirates...

HighlightTrending Story

Beware of ATM card-swap fraudsters, EFCC alerts Nigerians

The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians to Automated...

HighlightTrending Story

FG pledges 5bn cubic feet of gas supply to domestic, export markets

The Federal Government has pledged five billion cubic feet of gas per...

HighlightTrending Story

Pres. Tinubu presents 2024 N26.1trn budget to joint session of NASS Nov. 29

President Bola Tinubu will on Wednesday, November 29 present the 2024 budget...

AviationHighlight

FG to install detection screening equipment at five international airports

The Federal Government is to install customized explosive and narcotic detection screening...

HighlightOil & GasTrending Story

Pres. Tinubu reappoints Mele Kyari GCEO of NNPC Ltd, constitutes board

All the appointments take effect from December 1, 2023, according to a...

HighlightTrending Story

Tinubu swears in eight permanent secretaries ahead of FEC meeting

President Bola Tinubu on Monday sworn in eight newly appointed permanent secretaries...