Economy
Ag NDDC MD, walks out on lawmakers over N40bn probe
The acting Managing Director of the Niger Delta Development Company (NDDC) Prof. Kemebradikumo Pondei and his team on Thursday, walked out on legislators investigating the alleged N40 billion irregular expenditure in the commission. Pondei stormed out of the hearing on Thursday in Abuja, after accusing the Chairman of the committee Rep. Olubumi Tunji-Ojo (APC-Ondo) of corruption.
“We in the NDDC is not comfortable with the Chairman of this committee, presiding over a matter.
“He is an accused party, the NDDC has over time accused Rep. Olubumi Tunji-Ojo of different crimes against the NDDC and he has responded in the press. He is an intrested party and we do not believe that the NDDC can have justice because he cannot seat on his own case. We have no issue of appearing, we appeared before the Senate ad hoc committee and as long as he reminds, we will not make any presentation,” he said. (NAN)
-
News1 day agoReps C’ttee threatens removal of illegal structures on power transmission routes
-
Oil and Gas1 day agoOil set for fourth monthly gain as Hormuz tanker attack highlights supply risks
-
News1 day agoBRICS+ payments system feasible, common currency faces hurdles, report says BRICS+ countries shou
-
Finance1 day agoGTCO, First HoldCo crash in 2026 banking rankings; Zenith, Access buck slide
-
Oil and Gas1 day agoTinubu nominates six executive directors for NMDPRA, seeks Senate confirmation
-
News1 day agoECA urges West African governments to prioritise youth employment
-
News1 day agoRussia in talks with four African states on large nuclear power plants, Rosatom says