The National Assembly Joint Committee on Niger Delta Affairs has backed President Muhammadu Buhari’s call for a forensic audit of the Niger Delta Development Commission, NDDC.
Speaking on the directives from Buhari, Nwaoboshi said the Committee has also resolved to carry out a comprehensive probe of the intervention agency.
Nwaoboshi said, “We welcome a forensic audit of the NDDC. The Eight Senate did technical audit and our findings are very appalling.
“We are going to do our own full investigation. We have resolved to do full audit of the NDDC.”
The Delta born politician also disclosed that the Committee discovered that funds meant for the NDDC were wrongly credited to the account of the Nigerian Ports Authority (NPA).
He said the Committee has directed the CBN to retrieve the money and credit it to the NDDC’s account.
According to him, the summon became necessary to know why the companies have allegedly decided to break the law.
“We have invited all oil companies indebted to NDDC to come and tell lawmakers why they will not obey the law of the country. Some of them have confirmed that they are indebted to NDDC,” he said.
He disclosed that while the Nigerian Petroleum Development Company (NPDC) was owing to the tune of N54billion as at when the last calculation was done, Allied and Pan Ocean owe $43million and $46million respectively.
He also disclosed that the Federal Government owed NDDC over N1trillion.
You may be interested
Davido Spotted For The First Time With His Alleged 2-Year-Old Son, Dawson [Video]Webby - August 8, 2022
Popular Nigerian singer, Davido has been spotted for the first time with his alleged 2-year-old son, Dawson, whom he had with…
London’s Horniman Museum to return 72 looted Benin artefactsWebby - August 8, 2022
London’s Horniman Museum said on Sunday it would return to the Nigerian government 72 artefacts, including 12 brass plaques known…
Youths must ask questions, demand answers from public officers – Emir SanusiWebby - August 7, 2022
The 14th Emir of Kano, Muhammadu Sanusi II, has urged Nigerian youths to wake up to their responsibilities, ask questions,…