As the corruption allegation against the Interim Management Committee of the Niger Delta Development Commission (NDDC), rages on, the commission has claimed that it spent N81.5 billion within 7 months (October 2019 to May 2020) as against media reports that the money was spent within 6 months (January 2020 to July 2020).
The disclosure was made in a tweet post by the Niger Delta Development Commission on its official twitter handle on Sunday, July 19, 2020.The commission, while dismissing the media report as false, claims that according to the information from the Central Bank of Nigeria (CBN), the N81.5 billion was actually spent by the 2 Interim Management Committees of the NDDC between October 29, 2019, and May 31, 2020.
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The tweet post from NDDC says, ‘’ It’s false to say NDDC mismanaged N81.5 billion between January and July 2020. Truth is that sum was spent by two Interim Management Committees of the NDDC between October 29, 2019, and May 31, 2020, according to the Central Bank of Nigeria.’’
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