Nigeria’s president, Muhammadu Buhari is reportedly angry at the board members of the Niger Delta Development Commission (NDDC), and has summoned the management of the company.
The presidency, according to Vanguard reports, is saddened by the alleged mismanagement of funds of the commission running into billions of Naira, and has called the management of the commission for questioning on the true financial status of the agency.
The president, sources revealed, would meet the management team of the NDDC and take them up on many issues relating to the management of the resources of the commission since the new board came on board in December 2013.
Nigeria’s president, Muhammadu Buhari, is very unhappy
The Nigerian leader is said to be angry at the management for allowing influential politicians to hijack the agency and make away with billions of Naira, while pretending to be executing contracts with little or no result on the ground to show for such money, more so as the commission refused to adhere to due process in the award of major contracts but preferred instead to split them in violation of the Public Procurement Act.
The president is reported to have been furious that the commission went ahead to award multi-billion naira contracts, paid and backdated them to last year to cover the financial misdeed even after the board had been sacked with a specific mandate to the managing director to take over the place.
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Recall that Nigeria’s former finance minister, Dr (Mrs) Ngozi Okonjo-Iweala recently denied owning any multi million dollar hospital.
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