The House of Representatives ad hoc committee investigating the assessment and status of recovered loots has invited the governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to appear before it. The Chairman of the committee, Rep. Adeogun Adejoro, who extended the invitation on Thursday in Abuja said that it was necessary for the committee to know the number of recovered loots and where they were being kept. The Minister of Finance, Hajia Zainab Ahmed had told the committee that she had no idea of the number of accounts being used to keep the recovered loot. She, however, said that the ministry had a record of what had been recovered and the amount that had come into the account. She stated that N50 billion was provided from recovered loot to fund the 2020 budget, adding that the...
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The minister for Niger Delta Affairs Godswill Akpabio on Monday said he has not awarded a single contract since he assumed office. Instead, he indicted members of the National Assembly. “I have never approved a single contract not even one kilometre for the NDDC,” Akpabio said while responding to questions by the House of Representatives committee probing the financial misappropriation at the Niger Delta Development Commission (NDDC). “Most of the contracts in NDDC are given out to the members of the National Assembly. If you don’t know, please ask the two chairmen,” Akpabio alleged. Akpabio, however, said that the contracts were not given to the committee chairman, Olubunmi Tunji-Ojo. “I don’t think the NDDC has given any contract directly to Honorable Ojo,” Akpabio said. On the alleged m...