Dogara explains probe of alleged misuse of N10.8tr by NDPHC — Nigeria — The Guardian Nigeria Newspaper – Nigeria and World News

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Speaker, House of Representatives, Yakubu Dogara

Speaker of the House of Representatives, Mr. Yakubu Dogara, has justified the resolve by the House to probe the alleged misuse of N10.08 trillion (about $30 billion) by the Niger Delta Power Holding Company (NDPHC).

Dogara, who spoke during the opening of a public hearing by an ad-hoc committee of the House on the alleged constitutional breaches, impunity and other infractions by the NDPHC, said the House would leave no stone unturned to unravel the alleged malfeasance.

He said it was of great concern that about half of the funds were reportedly sourced through the Excess Crude Account (ECA), which belongs to the nation’s three tiers of government.

The Speaker reiterated the commitment of the House to reposition the NDPHC as part…



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