• Home
  • Exclusive
  • Group writes ICPC on how NCDMB paid N9.9B for consultancy through CBN
Image

Group writes ICPC on how NCDMB paid N9.9B for consultancy through CBN

  • ES APPROVES N503 MILLION FOR WORKSHOP IN LONDON, N400 MILLION FOR END-OF-YEAR PARTY

The Centre for Fiscal Transparency and Public Integrity, a non-governmental organisation has asked the ICPC to investigate corrupt practices and misapplication of funds amounting to the tune of N9.9 billion at the Nigerian Content Development and Monitoring Board (NCDMB), including the Executive Secretary of the board, Engr Felix Omatsola Ogbe.

The petition which has been received by the ICPC alleged that the NCDMB under the leadership of Engr Ogbe “violated procurement laws, and regulations established under the Nigerian Content Development Board Act, and the Public Procurement Act”

In the said petition, titled “Request for investigation of the NCDMB), the NGO claimed it submitted the petition in collaboration with concerned civic groups, adding that the ES “approved the sum of 503 million naira for a workshop in London and disbursed N400 million for an end of year party”

“Specifically, the sum of 9.9 billion naira (approximately 6.6 million USD) was authorized for consultancy services without following the appropriate legal and financial processes”

It also irked the NGO, which promotes good governance by strengthening systems and mechanisms that enhance transparency and accountability that the funds were disbursed through the Central Bank of Nigeria to a consultant “with no clear documentation or evidence that the consultant had met the criteria for receiving such a large financial outlay”

Our correspondent observed that the petition was signed by the Executive Director of the NGO, Umar Yakubu, PhD and copied minister of state for Heineken Lokpobiri.

In the petition, the NGO noted that the action of the ES are serious infractions that call to question “the need to assess the implications for fiscal responsibility, transparency, and accountability”

Releated Posts

Enugu: Governor Mbah dismisses water corporation workers who fail to meet ‘his N50Million monthly target’

Governor Peter Mbah of Enugu State has sacked no fewer than 20 staff of the state Water Corporation…

ByByBlossomJan 30, 2024

How Akeredolu was moved from Berlin to the hospital where he died

In a hospital close to Hanover in Lower Saxony, a state in northwest Germany bordering the North Sea, Governor Rotimi Akeredolu of Ondo State passed away. It was also discovered by Verity News that Akeredolu had previously been treated at a Berlin hospital. However, Akeredolu was transferred to the Hanover hospital, where he passed away after medical staff at the Berlin hospital informed his family that there was nothing more they could do to rescue him. “He died in a hospital near Hanover in Lower Saxony state but prior to that,…

ByByBlossomDec 28, 2023

After two years, Dangote Group, Aron Nigeria end Abuja Stadium post-maintenance rehabilitation

Dangote Group and Aron Nigeria Ltd officially bring to an end the post-maintenance rehabilitation of the Moshood Abiola…

ByByBlossomDec 20, 2023

How Peter Mbah spent N3billion to run office in three months, owes state hospital workers eight-month salaries

Governor Peter Mbah of Enugu State has spent a total of N3,320,263,570.41 in three months to run his…

ByByBlossomNov 29, 2023