‘N100bn vanished in one year’- House of Representatives probes North East Development Commission

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?N100bn vanished in one year?- House of Representatives probes North East Development Commission

The House of Representatives has ordered an investigation into allegations of a missing N100 billion from the coffers of the North-East Development Commission (NEDC) established in 2017 to reconstruct states affected by insurgency in the north-east.

 

Moving a motion for the probe of the agency, minority leader of the house, Ndudi Elumelu, said the N100 billion given to the commission by the federal government has “vanished” with nothing to show for it . Elumelu while moving the motion, accused Mohammed Goni Alkali, commission’s managing director, of awarding non-existent contracts. In his words

“The N100 billion so far disbursed to the commission by the federal government is said to have vanished under a year without any visible impact on the refugees nor any infrastructural development credited to the name of the commission in the whole of the north-east.

The corrupt practices include high handedness by the managing director, Mohammed Goni Alkali, over inflation of…



Source: Linda Ikeji