The Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) expended the sum of N81.5billion in eight months.
The Chairman of the Senate Ad hoc Committee on the investigation of the alleged financial recklessness in the Niger Delta Development Commission (NDDC), Senator Adebunmi Adetunmbi gave this indication at an investigative public hearing of the panel at the National Assembly.
Adetunmbi disclosed that the amount was constrained in the submission of the IMC to the Ad hoc Committee.
According to him, IMC I chaired by Mrs. Gbene Joi Nunieh between October 2019 to February 18, 2020, spent a total of N22.5billion out of the N81.5billion.
He added that IMC II chaired by Professor Daniel Pondei, between February 19, 2020 to May 31st 2020 spent the sum of N59.1billion.
Some of the figures include:
Community relations – – – N1.3bn
Condolences – – – – – – – – – – N122.9m
Consultancy – – – – – – – – – – N83.8m
COVID-19 – – – – – – – – – – – – -N3.14bn
Duty Tour Allowances (DTA) —– N486m out of which IMC 2 spent N302m
Imprest – – – – – – – – – – – – – N790.9m
Lassa fever intervention – – – – -N1.9bn
Legal service – – – – – – – – – N900m
Logistics – – – – – – – – – – – — N61m
Maintenance – – – – – – – – – N230m
Medical – – – – – – – – – – – – – N2.6bn
Overseas Travel – – – – – – – N85.6m
Project – – – – – – – – – – – – – – N38.6bn
Publicity – – – – – – – – – – – – -N1.121bn
Security – – – – – – – – – – – – – N744m
Staffing – – – – – – – – – – – – – -N20.9bn
Stakeholders – – – – – – – – — N248m
Travels – – – – – – – – – – – – – – N56.5m
More to come …