Senate Rejects N1.3 trillion budget of NDDC for 2021,2022 over unauthorized Spending
Written by Samson Ojeniran on May 9, 2023
The senate has rejected the budget of Niger Delta Development Commission (NDDC) for 2021, 20022 over unauthorized spending of N1.3 trillion not approved by the National Assembly.
A breakdown of NDDC Budget for 2021 revealed that N485.7 Billion was spent while N928 .2 billion was incurred in 2022 by the Interventionist agency for Niger Delta.
This is as the upper chamber also stepped down consideration of the 2023 Budget estimate of N485.7 billion for the Commission.
The Senate resolved to set up ad hoc committee to investigate unauthorized spending by the management and board of the NDDC in the last two years.
The resolution of the lawmakers follows concerns raised after the report of the Senate committee on NDDC was presented on the floor of the senate by the committee vice chairman senator Amos APC, (Gombe South).
The report generated argument among lawmakers who argued that an agency cannot spend monies not approved and submit Budget for approval after spending.
