NDDC Boss Vows To Actualise Buhari’s Vision For Niger Delta

NDDCThe Acting Managing Director and Chief Executive Officer of the Niger Delta Development Commission (NDDC), Mrs Ibim Seminatari, has promised to actualize the development vision of President Muhammadu Buhari in the Niger Delta region.

Seminitari, speaking shortly after receiving the handover notes from the immediate past Managing Director of the Commission, Sir. Bassey Dan-Abia, at a brief ceremony in Port Harcourt at the commission’s headquarters, said her mission is to complete all existing projects.

The former Rivers State Commissioner for Information and Communication, also said that she has a responsibility to God and President Muhammadu Buhari to drive development in the region.

She said: “I have in-depth knowledge of what the commission ought to be doing in terms of development. I understand what our challenges are… It is now time for me to do my part.

“I have a responsibility to God and to President Muhammadu Buhari to ensure that his vision for the Niger Delta comes to pass.”

Semenitari urged the Directors and staff of the commission to get ready to confront the challenges facing the commission, stressing that there was no much time left to wait.

She also commended Dan-Abia for the works he has done for the commission, noting that he has been tremendous in his contributions.

“Because I am yet to get briefing from the directors… I cannot make a clear policy statement. But I will do what the President wants – which is the development of the region. We will hit the road running,” she said.

“I will try to fit into the shoes of Dan-Abia and continue from where he stopped,” she added.
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Also speaking, Sir Bassey Dan-Abia said he was handing over in honour and privilege to Semenitari whom he described as a true daughter of the Niger Delta and somebody who will bring her wealth of experience to bear in running of the commission.

He described the Niger Delta region as a difficult terrain that needs the joint efforts of stakeholders to develop, urging the staff and youths to give more support to the in coming acting MD.

Senate Committee Investigates Cecilia Ibru’s Siezed Assets

senateThe Senate has begun investigating an allegation made by stakeholders that the Asset Management Company of Nigeria (AMCON) failed to remit funds and assets of former Managing Director of the Defunct Oceanic Bank, Mrs Cecilia Ibru to shareholders, as well as Eco Bank, the company that took over Oceanic Bank

At an investigative hearing organized by the Senate Committee on Drugs, Narcotics and Financial Crimes, the committee observed that four years after entering into a plea bargain with the office of the Attorney General of the Federation, Mrs Cecilia Ibru is yet to remit N16.1 million to AMCON.

However, the Acting Managing Director of AMCON, Mrs Foluke Dosunmu said AMCON had not taken up Mrs Ibru over the N16.1 billion, because it had not ascertained her unwillingness to pay it, saying once it is confirmed that she’s not ready to pay, the corporation would take her back to court.

The Acting MD Also maintained that AMCON does not owe the Oceanic or Eco Bank.

The Senate Committee also faulted AMCON over its failure to follow due procedures in the sales of some recovered properties, as they revealed how the corporation had failed to advertise the property before embarking on sales as required by the rules governing sales of government property.

The Senate Committee, headed by Senator Victor Lar had entertained a petition said to have been filed by a Nigerian whose name was not disclosed, said that the sale of the properties by (AMCON) were questionable.

The seized assets, worth N569 billion, were taken over by the Federal Government, following a plea bargain entered into by Mrs Ibru. The committee said that the mode of disposal of the assets located within and outside Nigeria was shrouded in secrecy.

Senator Victor Lar said on Monday that Ibru had pleaded guilty, during the course of her prosecution and entered into a plea bargain with the government, while handing over assets allegedly bought with depositor’s funds.