Take a fresh look at your lifestyle.

NASS Panel, NDDC Clash over another missing N143bn


National Assembly, Panel on Niger Delta Development Commission on Tuesday clashed with Niger Delta Development Commission (NDDC) over missing N143bn.

The Acting Managing Director of NDDC while appearing before the lawmakers said that N346bn was approved for 2019 for revenue, but, the Commission received N305bn as revenue in 2019 and spent N122bn.

The Commission is expected to brought the balance of N183bn forward in 2020 budget ,but in the record of the NDDC submitted for consideration, it was
N40bn that was brought forward.

The Joint Panel is raising question over missing N143bn in the Commission.

Pondei said while presenting the budget “In compliance with the provision of the 2019 Appropriation Act, we implemented the 2019 capital budget till May 31,

” On the expenditure side, 2019 budget implementation was hindered by the delay in its approval and release coupled with the Covid&19 global pandemic.

“Only recurrent expenditure which runs from January 1st – December 31st 2019 was implemented substantially.

” As at May 31, 2020 the performance for 2019 budget was 36% of the prorated expenditure of N39.8bn budget for recurrent and overheads, N33.5bn was spent as at December 31, 2019 representing 89% approved. ”

But, some of the lawmakers raised concern about the presentation of the Acting Managing Director of NDDC.

Particularly, the Chairman House Committee on NDDC, Hon. Olubunmi Tunji-Ojo pointed out discrepancies of N143bn after presentation of Managing Director of NDDC .

When the Chairman called the attention of NDDC boss to the discrepancies in the budget, he tried to defend it, but latter quickly requested for the withdrawal of 2019 budget details in order to address the issue of discrepancies of N143bn raised by the Hon. Tuniji-Ojo in the budget.

After the withdrawal by the Managing Director of NDDC, the Chairman of the Senate Committee on NDDC, Senator Peter Nwavoshi therefore adjourned the budget defence till next week Tuesday.

Some of the lawmakers were enraged over the shoddy presentation of the Acting Managing Director of NDDC before the Joint Committee of the National Assembly.

Comments are closed.