Missing N100bn: The NEDC has a dozen of questions to answer and we all should be concerned

Another week is coming to an end, but the hunt for corrupt politicians and enablers in the country continues.

In the space of four weeks, Nigerians have been entertained with the drama that shows the lack of moral decency and integrity that unites most politicians – From probing Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), to the probe of the Niger Delta Development Commission (NDDC) by the National Assembly.

In all of these, Nigerians at some point, called for more agencies and commissions to be probed and their prayers seems to have been answered as the House of Representatives has ordered an investigation into how N100 billion allegedly disappeared from the coffers of the North East Development Commission (NEDC) established in 2017 to coordinate funds accruing from the federation account and donor agencies for the purposes of rehabilitating and resettling of victims of insurgency, reconstruction of homes, infrastructural development and tackling of illiteracy in the northeastern part of the country.

States in the region include; Adamawa, Bauchi, Borno, Gombe, Taraba, and Yobe.

Minority Leader of the House of Representatives, Ndudi Elumelu who moved the motion for the agency to be investigated, accused the NEDC’s Managing Director, Mohammed Goni Alkali, of high handedness,  over inflation of contracts, awards of non-existent contracts, massive contract splitting and flagrant disregard for the procurement laws in the award of contracts.

 

Debating on the state of the nation, many Nigerians on social media have pointed out that the unending accusations of embezzlement and mismangemnent of funds is an indication that the level of corruption that exists in the country is far beyond what the ordinary man can imagine. Questions are also being raised on the importance of these commissions and agencies with emphasis on the fact that they have served as a tower of refuge for corruption and corrupt leaders to thrive in Nigeria.

The NEDC MD says he would be willing to present himself at the National Assembly to defend activities of the commission whenever he receives an invitation from the legislators, adding that due process was followed in the procurement and the Board of NEDC was fully aware of its expenditure.

The House of Representatives has mandated its Committees on Finance, Procurement and NEDC to investigate the allegations and report back in eight weeks. Nigerians will be keen on seeing the end of this new revelation with the belief that justice will be done speedily.

Here are a few more reactions to the allegations:

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