Stella Dimoko Senate Committee Recommends Dissolution Of NDDC Management


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Thursday, July 23, 2020

Senate Committee Recommends Dissolution Of NDDC Management

Senate Committee investigating the alleged financial recklessness in the Niger Delta Development Commission (NDDC) has recommended the dissolution of the agency’s Interim Management Committee.

In a detailed report which was submitted to the Senate plenary on Thursday by the Chairman, Senator Olubunmi Adetukunmbi, it was revealed that the NDDC spent N1.334 trillion in five years.

He said the IMC was involved in reckless spending where they spent based on “cash accounting”, and not based on the “budget”.

According to him, the mode of “running the accounting system” by the IMC was an aberration to the act establishing the agency.

He said the IMC spent a whooping sum of N81.5 billion in three months, lamenting that the money was not spent on development oriented infrastructure in line with the mandate of the NDDC.

The report also recommended that the NDDC be returned to the presidency for supervision with the setting of supervisory board by governors of the nine Niger Delta States.
From dailypost


  1. This will certainly not solve the problem,they should be prosecuted.

    1. Honestly they should be prosecuted and made to return the monies looted.

      This NDDC issue pains me deeply, you need to go to the communities that is lying the golden eggs (oil), you will be depressed about the living conditions of the citizens there.

      The poverty you will see there is very painful!

      All most of Traditional leaders, the Agitators, Interest Groups, NDDC, the Oil Companies nkoooo??? Looting GALORE!!!!
      Zero care for the indigenes.

      This one is not an outsider doing the indigenes, it is the indigenes milking themselves DRY!
      Man's inhumanity to man.
      Very sad development.

    2. These thieves should be made to face the law oo....of why use will the dissolution be

    3. They wont persecute because they all have eaten from the loot

    4. Save your strenght ms tee, they won't be prosecuted. The one that just won the award for best performing actor, wont even go back for questioning again because of HEALTH ISSUES.

  2. Replies
    1. Same story, same channel of looting as presidency has seen kwaret loopholes. Shuuuuu

  3. Scrap the whole NDDC. All they do there is jazz and embezzle.

  4. The way these people steal (not spend) money is something else.

  5. Still them will favour from it

  6. just take a look at what some persons greediness will cost a region. posterity won't forget this,there children won't show their faces now until their death seeking for an undeserved respect for their parent

  7. Good decision by the Senate πŸ‘. The NDDC IMC are just a bunch of looters.

  8. Good move, it should be dissolved and those thieves should be jailed.

  9. Is it only dissolution, how about PROSECUTION of the money grubbers
    and siphon tanks that call themselves whatever?
    Or is it the usual old Naija style of sweeping things under the carpet?
    If it were a roadside fowl thief that was caught, they will strip him semi-nude and parade
    him and list items recovered from him, including fowls and catapults.
    Oops, I forgot too that the "paraders" are also doing "Magu, magu" 🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️🀦🏻‍♀️

  10. Me I waiting for the purported list.


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