NDDC owes N3 trillion to fake contractors, Akpabio’s Interim Com’ttee Director, Ojougboh, alleges

The Interim Executive Director of Projects, Niger Delta Development Commission (NDDC), Cairo Ojougbo, recently appointed by Minister of Niger Delta Affairs, Godswill Akpabio, has alleged that the commission was owning about N3 trillion to phantom contractors.

He stated this in Abuja on Sunday while speaking to journalists.

Ojougboh, who is a former member of the House of Representatives, said 10 audit firms had been engaged to audit the financial records of the NDDC.

Read also: Why Osinbajo’s office is persecuting me ―Obono-Obla

He said: “The NDDC is owing over N3tn to phantom contractors. It is these contractors that are making this noise because they know the interim management will not compromise.

“The genuine contractors have not been paid while phantom contractors have been paid. Some of the contracts have been terminated but the contractors failed to return money.”

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now