We Spent N81.5bn In 8, Not 7 Months As Reported: NDDC

NDDC
NDDC

The Niger Delta Development Commission (NDDC) has denied spending the sum of N81.5 billion in seven months, saying the amount was spent in eight months.

A report by a television station had claimed that the commission spent the named sum within seven months.

However, in its reaction via a series of tweets on its Twitter handle on Sunday, NDDC said the sum was spent by two interim management committees (IMC) between October 29, 2019 and May 31, 2020.

According to the commission said if the television station fails to retract its report, it would take it up with the National Broadcasting Commission (NBC).

“It’s false to say NDDC mismanaged N81.5 billion between Jan and July 2020. Truth is that [the] sum was spent by two Interim Management Committees of the NDDC between October 29, 2019 and May 31, 2020, according to the Central Bank of Nigeria,” it tweeted.

“We are appalled that TVC could descend to propagating falsehood.

“We hereby demand that TVC recants, otherwise we’ll be compelled to take their misdemeanour up with the National Broadcasting Commission.”

There is an ongoing probe by the house of representatives over the mismanagement of the named sum by the commission.

Read Also: Acting NDDC MD Faints While Being Probed By House Of Reps Committee (Video)

The released breakdown by the House, the commission was said to have spent N1.3 billion on community relations; condolences, N122.9 million; consultancy, N83 million; COVID-19, N3.14 billion; Duty Travel Allowance (DTA), N486 million; imprest, N790.9 million, and Lassa fever, N1.956 billion.

Other expenditures are: legal services, N900 million; maintenance, N220 million; overseas travel, N85.6 million; public communications, N1.121 billion; security, N744 million; staffing-related payment, N8.8 billion; stakeholders engagement, N248 million.

The house of reps began the probe after the senate concluded its own probe last week.