Home / News / Past NDDC Leadership Abandoned $70m, N170m In Banks For 13 Years -Akpabio
Akpabio

Past NDDC Leadership Abandoned $70m, N170m In Banks For 13 Years -Akpabio

Godswill Akpabio, Minister of Niger Delta, has disclosed that past leadership of the Niger Delta Development Commission (NDDC), abandoned $70 million and N170 million in certain banks in the country.

According to reports, hundreds of NDDC projects remained uncompleted across the oil producing states, partly due to non release of funds.
Speaking in an interview over the weekend, Akpabio said that the commission’s high indebtedness is owed to looting under previous administrations.

“I know of a bank that came to say they have $70 million from 2006, one also came to say N170 million had been abandoned, I’ve forgotten in which administrations in the last 11 years, they said they are ready to refund,” The Nation quoted him as saying.

“I said no problem, just hang on, we’ll sort all these out when the forensic (audit) comes in to let us know all the recoverable and all that.
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“People are suffering from cancer and other diseases and no good hospital that one could say was built by the NDDC, equipped for the purposes of a modern-day 21st-century hospital that people could go and have succour.

“Collectively, those things were the things that made me, when I was a governor, to ignore NDDC. Even the quality of works they call roads, within the first rainy season the roads are washed away. It’s years in year out and for me, because I have the experience and I was able to perform as a governor for eight years.”

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