Home Breaking News ‘N100bn vanished in one year’ – House of Reps Orders probe Of North East Development Commission (NEDC)

‘N100bn vanished in one year’ – House of Reps Orders probe Of North East Development Commission (NEDC)

by Amadu Victor
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According to report reaching OYOGist.com, the House of Representatives has requested an investigation concerning allegation charges of a missing N100 billion from the coffers of the North East Development Commission (NEDC) set up in 2017 to recreate states influenced by revolt in the north-east.

Ndudi Elumelu, minority leader of the house who move the motion for the probe of the agency, said the N100 billion given to the commission by the federal government has evaporated with nothing to show for it . Elumelu while moving the motion, charged Mohammed Goni Alkali, commission’s managing direction, of granting non-existent agreements.

He stated that the N100 billion so far dispensed to the commission by the federal government is said to have evaporated under a year with no noticeable effect on the displaced people nor any infrastructural advancement credited to the name of the commission in the entire of the north-east.

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The degenerate practices include high handedness by Mohammed Goni Alkali, over swelling of agreements, grants of non-existent agreements, monstrous agreement parting and glaring negligence for the acquirement laws in the awaard of contracts.

There are charges of how the minister of humanitarian affairs and disaster management, Sadiya Farouk, was said to have gone into an unholy arrangement with the managing director of the commission to unlawfully pull back cash for the buy military vehicles with no plan of action to the board.

Ndudi Elumelu, said that the act which totally ignores the nation’s procurement laws, must be genuinely glared at.

The house embraced the motion after it was put to a voice vote by the Speaker of the House, Hon. Femi Gbajabiamila. The motion was alluded to the House committees on fund, acquirement and NEDC. The report on the probe is relied upon to be turned in the following two months.

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