Connect with us

News

Fraud: NDDC Scholarship Funds Increased From $1.9m To $7m, CSO Alerts

Published

on

Stories making the rounds that the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) cannot pay the commission’s foreign scholarship students due to the absence of an Executive Director of Finance and Administration (EDFA), following the death of Mr. Etang Ibanga, has been dismissed as fake, and emanating from the NDDC.
This was disclosed in a statement by the President, an accountability advocacy civil society organization, Citizens Quest for Truth Initiative, Christie Obiaruko Ndukwe, in Port Harcourt, yesterday.
The statement, made available to The Tide, said that upon inquiry, both at the Headquarters of the NDDC and from the Central Bank of Nigeria, it was discovered that unlike other contracts or projects at the NDDC, the foreign scholarship is paid from foreign currency denominated domiciliary account, with the Executive Director Finance and Administration (EDFA) and the Executive Director Projects (EDP) as the authorized signatories.
“Sources at the NDDC headquarters informed the Citizens Quest that the inability of the IMC to meet up with the foreign scholarship obligation is not unconnected to the bloated figures they met, when they assumed office, earlier this year”.
According to the source, “the IMC is worried that the number of scholarship students appears to increase with a new management, giving the impression that the students don’t ever graduate from the scheme. A situation where the figures rose from $1.9million in 2018 to over $7million in 2019, is indeed, worrisome and scary, indicating the padding of the records with ghost names.
“The present management under the Interim Management Committee (IMC) has not awarded any scholarships, as such, it is worrisome that the figures for the students are on the increase in spite of payments of about $1.9million and $3.4million paid by the two previous boards.
“The Citizens Quest for Truth Initiative further learnt that the NDDC, upon this discovery, decided to suspend the payment, until the identities of the ghost names are unmasked, through the various bank details attached to the names.
“The source at NDDC also hinted that sustained scholarship-related protests is geared towards forcing the IMC to pay those ghost names, under pressure. This explains why the protest is getting dedicated media attention, being bankrolled by the scholarship payroll cabal, who are mostly from the National Assembly, past and present.
“An increase from $1.9million to $7million is almost 400% and such bleeding of the commonwealth should not be allowed to continue, under any guise. This is why, despite the Presidential directive to pay, and with available funds, at the CBN, the IMC is yet constrained to endorse the continued rape of the region, through such approval for payments that end up in private pockets. The IMC had, sequel to the Presidential directive, gone to the CBN to make a payment of $5million, to clear all outstanding entitlement of the students, only to discover that the figure had risen to a whopping $7million.
“It is sad that the innocent students on scholarship have to endure hardship, occasioned by corruption in the system, but it is in the overall interest of the country that the scholarship scheme be sanitized, to weed out ghost names from the payroll and pave way for a hitch free payment of the verified students.
“The group therefore calls on those behind the spate of protests by just a handful of students to put a stop to this unbecoming attitude which is only aimed at railroading the good intentions of the present government under President Muhammadu Buhari for the people of the Niger Delta.
“Those who have also constituted themselves into a group whose only stock in trade is to dish out falsehood backed by alarming figures aimed at pitting the management of the commission against the Nigerian people should retrace their steps by taking measures to verify whatever information at their disposal in order to avoid heating up the polity with the fake news syndrome”, the statement added.

Continue Reading

News

Let’s Approach Regional Development Issues Differently – Fubara …As S’South Govs Host Fubara To 50th Birthday Celebration 

Published

on

Rivers State Governor, Sir Siminalayi Fubara, has sued for a change in the current approach adopted by South South Governors in their pursuit to achieve holistic regional development and economic prosperity.

 

The governor insisted on de-emphasis in vested individuals’ political interests while looking at the bigger picture of achieving enduring regional integration that will strengthen unity of purpose to change the trajectory of development in the region.

 

Fubara made the appeal during the meeting of Governors of South-South States, under the auspices of BRACED Commission, at the Bayelsa State Government House in Yanagoa on Tuesday.

 

This was contained in a statement by the Chief Press Secretary to the Governor, Nelson Chukwudi.

 

BRACED is an acronym for Bayelsa, Rivers, Akwa Ibom, Cross River, Edo and Delta.

 

He said: “I want to appeal that if we have to succeed in this drive, we need to keep our political differences aside and understand that the struggle, as at today, is for posterity, for the development of our region.

 

“It is really sad that in Niger Delta that is the economic base of this country, the construction of a road that you tagged ‘East-West Road’ could be an issue, that we need to beg, protest, and complain to get it fixed. I don’t think it is proper.”

 

Governor Fubara stated that it is not that the federal authorities do not understand that Niger Delta needs the road but quickly added that they have seen that even the people of the region do not take themselves seriously.

 

The governor said the moment Niger Delta people stopped playing to the gallery, and place value on themselves, outsiders will have no option than to accord the region and its people due regard.

 

Fubara said: “On my part, I want to say this: This is not the first time we are meeting. For me, I followed the course of the region meeting in a forum that we tagged “BRACED Commission.”

 

“BRACED Commission is also one of the bodies that was constituted at that time to support and work out development strategies for this region. But what I am seeing today is just limiting this meeting to only BRACED COMMISSION.

 

“We need to widen the scope where other leaders of the region should be part of the discussion of the development of the region, and I think this is the direction that will help the region.”

 

Reading the Communique of the meeting, the new Chairman of the Forum of Governors of South-South States, and Governor of Bayelsa State, Senator Douye Diri, said they support the Federal Government Tax Reform Bills, and urged President Bola Tinubu to extend the Value Added Tax (VAT) sharing percentages to oil and gas derivation.

 

He stated the Forum’s request to the Federal Government to urge relevant stakeholders and agencies to extend remediation of polluted environment ongoing in Ogoni land to other impacted communities and States in the region.

 

Governor Diri also said that the Forum resolved to establish a structural regional security network to enhance safety and security, foster stable Niger Delta region conducive for economic growth and prosperity.

 

Highlight of the event was the hosting of Governor Fubara to a surprise 50th Birthday celebration by the Governors of South-South States at the Government House in Yenagoa.

 

 

Continue Reading

News

Fubara Lauds Tinubu For Setting Up Education Load Fund … Vows To Ensure Rivers Benefit Maximally From Scheme

Published

on

The Rivers State Government has applauded President Ahmed Bola Tinubu for conceiving the idea of setting up the Nigeria Education Loan Fund (NELFUND) which has opened up opportunities for youths to acquire tertiary education irrespective of their financial status.

 

Rivers State Governor, Sir Siminalayi Fubara, gave the commendation while playing host to a delegation from NELFUND who came on an advocacy visit to the Government House in Port Harcourt on Tuesday.

 

Represented by his deputy, Prof. Ngozi Nma Odu, Governor Fubara said in developed countries it is common for people to go through school with loans which they sometimes pay all throughout their lives, noting that “for us, it is more accessible and more friendly because you would be required to pay back the loan two years after your National Youth Service.

 

“It is a win-win situation; it is a situation where the youths in Nigeria should not say because my parents are poor or passed away I cannot improve on my educational growth. This offers them a golden opportunity and I am glad you came for this advocacy.”

 

The governor urged NELFUND to intensify its advocacy to let the people know how they can benefit from it, adding that it is more important when talking about vocational institutions.

 

“If you look at the developed countries it is people that went to the vocational schools that make so much money, because it is pricey to get somebody to do anything, we need to instil this into our people, our youths, because people sometimes tend to look down on people that went to vocational schools, it should not be,” he said.

 

Fubara expressed delight with the NELFUND programme and assured that the State Government would do whatever it can to ensure Rivers State benefits maximally from the scheme.

 

In his remarks, the Managing Director and Chief Executive of NELFUND, Dr. Akintunde Sawyer, informed the governor that they were in  Rivers State to seek the support of the State Government towards the loan,  stressing that President Tinubu has directed them to ensure no Nigerian student who has the ability and desire to get educated at tertiary level is denied the opportunity due to lack of funding.

 

He explained that the scheme provides interest-free loans to students who apply, adding that these loans are not repayable until two years after their Youth Service when they must have gotten a job.

 

 

Continue Reading

News

UK Appoints British-Nigerian As Trade Envoy To Nigeria

Published

on

A British-Nigerian politician, Florence Eshalomi, has been appointed as the United Kingdom’s trade envoy to Nigeria.

Her appointment makes Eshalomi the second Nigerian to hold the position.

Confirming her appointment on X on Tuesday, she wrote: “It is an honour to have been appointed as the United Kingdom’s Trade Envoy to Nigeria.

“I’m looking forward to building on my close ties with Nigeria to promote a strong and flourishing economic relationship between our two great nations.

“I am looking forward to strengthening the UK’s relationship with Nigeria to explore shared growth and opportunities for both countries.”

Announcing the appointment in a statement on Tuesday, Jonathan Reynolds, the UK’s Business and Trade Secretary, said the decision was aimed at attracting investment into the UK and boosting economic growth.

“I’ve launched a new team of trade envoys who will use their experience, expertise, and knowledge to unlock new markets around the world for British businesses, attract investment into the UK, and ultimately drive economic growth,” Reynolds said.

Eshalomi, 44, is an MP representing the Vauxhall and Camberwell Green constituency.

She holds a Bachelor of Arts (Hons) in Political and International Studies with Law from Middlesex University.

Continue Reading

Trending