NDDC’s Interim Management Committee (IMC) led by Professor Kemebradikumo Pondei had appeared before the committee to defend its 2019 budget expenditure in addition to presenting the commission’s 2020 budget proposal.
Pondei stated that in compliance with provisions of the 2019 Appropriation Act, the NDDC implemented the 2019 capital budget till May 31.
“On expenditure, implementation of the 2019 budget was hindered by delays in its approval and release coupled with the COVID-19 pandemic. Only recurrent expenditure, which runs from January 1 to December 31 2019 was implemented substantially,” Pondei explained.
But Chairman, House of Representatives’ Committee on NDDC, Olubunmi Tunji-Ojo, pointed out that there were discrepancies in the process, adding that a shortfall of N143b had arisen.
The commission is expected to bring forward a balance of N183.2b in the 2020 budget proposal. But, the report submitted to the committee showed that only N40b was brought forward.
When Chairman, House Committee on Niger Delta queried Pondei on the discrepancies, he (Pondei) requested for withdraw of the 2019 budget details to address discrepancies of N143b Tuniji-Ojo raised.
The lawmakers were, however, angry when Pondei asked for withdrawal of the 2019 budget review for representation.Chairman, Senate Committee on NDDC, Peter Nwaboshi, granted Pondei’s request and adjourned the budget presentation till next week Tuesday.
He explained that of the N305.5b released for the NDDC in the 2019 budget, it spent N122.3b and the balance ought to have been N183b, but the NDDC brought forward only N40b leaving out N143b.
