Business
ICPC seals NECAS headquarters, warehouse
The Independent Corrupt Practices and other Related Offence Commission (ICPC) has sealed up the national headquarters of North East Commodity Association (NECAS) in Yola over allegations of fraudulent activities. The News Agency of Nigeria (NAN) learnt that the office was sealed on Monday night, while the National President of the association, Alhaji Sadiq Daware, is at large.
According to a competent source in ICPC office in Adamawa, the commission also sealed a warehouse holding 100 tractors believed to belong to NECAS. “The commission in one of its operation arrested one Mr. Stephen Maduwa , the Adamawa State Chairman of Rice Farmers Association of Nigeria . After the arrest of .Maduwa, three warehouses that are linked to him were searched at Bachure and Bekaji in Yola. After the search, the warehouses were found to be containing 164,000 bags of maize, 412, 401 bags of sorghum, 698 bags of rice and 508 bags of fertilizer,” the source said

The source said the commodities were estimated to be worth N2.10 billion. The ICPC Commissioner in the state, Mr Idris Bakori, however, refused to comment on the .matter, insisting that the issue was still under investigation. The Federal Government assisted NECAS to acquire 600 tractors and farm inputs for distribution to farmers in the Northeast region. However, communities and farmers complained of the diversion of the items and called for the government’s intervention.
-
Economy1 day agoFG rolls out plan to strengthen power supply
-
News1 day agoUS bans imports from 43 more companies over China’s alleged forced labour
-
News1 day agoBan on sale of sachet alcoholic drinks remains—NAFDAC
-
Economy1 day agoSanwo-Olu inaugurates integrated energy hub in Lagos
-
Oil and Gas1 day agoOil price rises after Iran says it stops ships in Hormuz
-
News1 day agoEBID supports Bauchi state economic transformation with $91m transport infrastructure
