The Niger Delta Development Commission applauded the Senate for its efforts to investigate the agency’s account from 2021 to 2022 for N1.4 trillion in unauthorized expenditures.
Ibitoye Abosede, the NDDC’s director of corporate affairs, said the organization valued the concerns raised by the Senate during its plenary session.
You’ll recall that the Senate established an ad hoc committee at its meeting on Tuesday to investigate the financial operations of the NDDC for the budget projections for 2021 and 2022.
In his words, “The Senate only thinks that the funds were expended without approval or appropriation by the National Assembly.’’
This misunderstanding can be quickly resolved by providing the necessary documents and explanations.”
The organization did, however, provide an explanation as to why there were delays in submitting its budgets and audited accounts to the National Assembly.
In order to gain more details and clarification on the budget’s numbers, the Senate also put off considering the NDDC’s 2023 budget.
In the statement, the NDDC stated that it recognized the Senate’s oversight responsibilities and was prepared to cooperate with the investigating committee.
