Stella Dimoko Korkus.com: Akpabio Denies Missing N40bn At NDDC And Accuses Lawmakers Of Being Contracts Beneficiaries

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Tuesday, July 21, 2020

Akpabio Denies Missing N40bn At NDDC And Accuses Lawmakers Of Being Contracts Beneficiaries



The Minister of Niger Delta Affairs, Godswill Akpabio on Monday, July 20, strongly denied that about N40 billion was missing from the Niger Delta Development Commission (NDDC).










Akpabio made this assertion during the probe by the House of Representatives into the alleged mismanagement of finances at the NDDC.

1st News had reported that part of the allegation levelled against the Commission was that N40 billion was missing; and could not be accounted for by the management.

However, Akpabio stated that “N40 billion cannot go missing from the account of the NDDC; because it is domiciled at the CBN. Before this administration, NDDC had over 300 bank accounts with various commercial banks.”

Revealing that it was possible for such an amount of money to be missing during the period in the past when over 300 accounts were run by the NDDC; he explained that it was impossible under the current TSA mandate.


The Minister at the panel denied the claim by the former NDDC MD; Joi Nunieh that he coerced her to take an oath.

He noted that Nunieh spent N23 billion while in office. Further, Akpabio affirmed that she was relieved of her duty due to insubordination.

He said since his appointment as Minister that he had awarded only three contracts in the NDDC; adding that he had never received any money or executed a contract from the agency.

Noting that Ernst and Young had been approved by the Bureau of Public Procurement for the forensic audit of the NDDC; Akpabio denied claims that he had hijacked the ongoing audit of the commission.

He said that the N1.5 billion COVID-19 allowance that the commission paid to its staff was equally received by the retired staff of the commission. According to Akpabio, the NDDC has two sources of funding which are the statutory transfers by the Federal Government and the 23 per cent accrual from oil companies.
Lawmakers issued most NDDC contracts – Akpabio


Akpabio also stated that most of the contracts in the NDDC are given to National Assembly members.

“Who are even the greatest beneficiary of the contracts? It’s you people at the national assembly,” he said.

A female lawmaker had interrupted him saying: “Can I ask you a question? What is the benefit that the National Assembly is benefiting from NDDC?”

The minister responded: “I just told you that we have records to show that most of the contracts in NDDC are given out to members of the national assembly but you don’t know about it, the two chairmen can explain to you. I was a member of the NDDC committee so I know about it.”
from1srnews

31 comments:

  1. This is getting more interesting.
    Corruption everywhere.

    ReplyDelete
    Replies
    1. For his mind and dream, he thought he can fight corruption. See how corruption is fighting APC clan.

      Buhari chop the money too so by next week the issue will be closed and files burnt.

      Delete
    2. Akpabio blow up the table wif a missile, he did no care if he himself was standing abi seating on that table. He ain't going down alone.
      When the kaka (shit) hit the fan, the presiding PGA was shouting "it's ok, it's ok, off your mic, off your mic". And Nigerians where watching with months hanging open😱😱😱😱😱😱, dumbfounded.

      Hmmmm Akpabio!!!!

      Delete
  2. Is it not Akpabio again? He will drag everyone into it. Akpabio na real agbero

    ReplyDelete
  3. Good he's clearing himself,lets see how they will probe him further when they benefit from it

    ReplyDelete
    Replies
    1. That's the end of the probe my sister oh

      Delete
  4. Please na who do us this thing bikonu!!!!

    ReplyDelete
    Replies
    1. The person Don die πŸ€•πŸ€•

      Delete
    2. And took the jazz to hell☹☹☹

      Delete
  5. I know it will come to this 🀣🀣🀣🀣🀣🀣 Naija has plenty drama kings and queens.

    ReplyDelete
  6. Akpabio asked that man to 'faint' so he would be the person to lie through the process and also indict house of rep members.
    See how they squander tax payers sweat.
    God go purnish una with beautiful V.

    ReplyDelete
  7. Stella I watched the show of shame yesterday. Akpabio started by thanking everybody and everything. Left to him,he would have even thanked the chairs and the fans and even his face mask

    The kind of relaxed posture and the confidence he displayed shows that he came prepared.

    At a point I felt like they didn't want him to expatiate. When he's asked a question and he makes an attempt to give a long reply adding also that he has documents and accounts to show,you then see the chairman telling him to put of his mic.

    On the issue of Contracts,seems the woman felt they were falsely indicted by Akpabio when he said that it's them who benefit from the NDDC largesse.
    By the time he made an attempt to answer more on that,the chairman and everyone started telling him to rest it and put off his mic.
    I guess it was a case of if I'm going down,we are all going down together.

    My own anger in all of this is the abandoned projects littered everywhere. Since these rains started and my friend put to birth. I have only gone there once as their road is a death trap due to it being abandoned by NDDC. It's impassable.

    Stella,I'm seriously pissed. If you tell these people to help you with capital,they tell you to start small. Country is hard bla bla bla.
    If you must steal,at least steal and still work.

    I'm sorry for the long epistle

    ReplyDelete
    Replies
    1. πŸ˜πŸ˜πŸ˜πŸ˜€πŸ˜‚@thank even his face mask.
      Kaiiii God, please don't allow this people to kill us all, before You intervene oh, ejor BabaπŸ™

      Delete
    2. This Country is a joke. The chairman has told Akpabio he will not appear again.This rubbish will be swept under the carpet soon.

      Delete
    3. The projects are abandoned because they are owing contractors.

      Delete
    4. That's the end of the probe oh. Akapabio really came prepared. I weep for my Nation.
      Who made us this heartless...Gave us leaders who absolutely doesn't care about the people they led 😒😒😒😒😒

      Delete
    5. They won't call him again because the money was used to sponsor/campaign for almost all the ApC clans starting from Pa Buhari to LGA chairmen.

      Delete
    6. What do you expect from the broom party, is it not to sweep dirt under the carpet?

      Delete
    7. 🀣🀣🀣🀣🀣🀣

      Delete
  8. God we need your divine judgement upon these people who call themselves leaders.
    They have no human sympathy in them at all. Some people don't even have money to eat,and they pack all the money and still have the boldness to stand and spew trash? 300 accounts. For what exactly?🀦

    ReplyDelete
  9. These politicians should fear God.

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  10. Immediately he tried to expose them as birds of the same feathers( sorry i meant thieves) by saying the house of reps are the huge beneficiaries of NDDC contract, they were no longer interested in him speaking or explaining further, instead its okay honorable minister please turn off your mic and all other shenanigans 😫🀦🏽‍♂️


    The level of corruption on this country in each sector is disgusting

    ReplyDelete
    Replies
    1. Its actually nauseating. I weep for Nigeria. We have a very very long way to go.

      Delete
  11. He is actually right on contracts being awarded to House of Assembly members.
    They give the senators the contracts, the senators sell to other contractors, the other contractors sell to another contractor.
    The last contractors do the works.
    After working you start pursuing payment because you must do a certain percentage of work before you will be paid.the last contractors uses their money to work. When you start asking for payment, the directors BOYS ASK FOR A HUGE percentage for their boss before you will be paid.
    Now that doesnt garantee payment.Woe betide you if you pay to the WRONG BOYS.
    NDDC IS CORRUPT.
    WISH I COULD SAY MORE.
    PLEASE THEY SHOULD PAY CONTRActors.

    ReplyDelete
  12. Stella Akpabio wants Nigerians to know he is not the only one that stole the money. You can hear the chairman shouting Mr honorable minister it's ok it's ok when Akpabio wants to mention that the house members were the ones they awarded he contracts to. To show you how corruption has eaten so deep in this country. How can you set a panel of thieves to probe their fellow thieves? Ko le werk

    ReplyDelete
    Replies
    1. πŸ‘Œ very apt..He was ready to fight dirty

      Delete
  13. Akpabio was so confident because he knows their dirtiness and corruption. He would have exposed them all. They didn't even allow him talk.This country matter the give me headache.

    ReplyDelete
  14. Akpabio, the fight, the war, the liquid metal, the lion, the indabosky pahose. IF I GO DOWN, Y’ALL GOING DOWN AS WELL!

    ReplyDelete
  15. They all shared the monies

    ReplyDelete
  16. So this is how this NDDC saga will just outshine #MaguGate? It is well in our country


    #Reserved Queen

    ReplyDelete
  17. The table has scattered kpatakpata,truely there's nothing hidden that won't be revealed.

    ReplyDelete

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