Featured
No N40bn is missing in NDDC – Akpabio
The Minister of the Niger Delta Affairs, Godswill Akpabio, has begun presentation in defence of the allegations of impropriety in the Niger Delta Development Commission (NDDC) under his supervision. He refuted that no N40 billion is missing in the NDDC.
The Chairman of the Committee had requested the Minister to present his documents and speak for about 15 minutes, then, the lawmakers may ask one or two questions. Akpabio resisted the Committee Chairman, noting that allegations have been made against him, adding that he has family and friends. He protested that some persons have appeared before him and given time of between one hour thirty minutes to speak against him. He told the Committee chairman that he was a Senate Minority Leader before becoming a minister.
The Committee chairman, however, assured that the investigation was not to witch hunt anybody, clarifying that they need to save time.
The Minister, then, commenced his presentation.
He denied forcing the former NDDC MD to take any oath.
He noted that when he became Minster, there was no budget in the NDDC, and therefore, money could not be spent without a budget.
He, therefore, denied that he ordered anyone to bring N10 billion to share in December. He declared that the allegation is false.
Details later.
-
Latest5 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Business1 week agoX3M Ideas donates 50 Walkie-Talkies to strengthen security operations in Onigbongbo
-
Business5 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Business3 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business2 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business7 days agoRising crude prices threaten fresh petrol price hike in Nigeria
-
Business1 week agoNaira breaks below N1,330/$, hits strongest level in over two years
-
Business6 days agoMultinationals exit Nigeria as economic pressures reshape business landscape


