• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

Buhari finally speaks on NDDC probe after lawmakers ordered Pondei’s arrest

Ruth Okwumbu-Imafidon by Ruth Okwumbu-Imafidon
July 16, 2020
in Politics
President Buhari, AutoGas, #EndSARS: Presidency to ensure that a repeat of protests does not happen, How Federal Government plans to increase VAT to 7.2% affects you
Share on FacebookShare on TwitterShare on Linkedin

President Muhammadu Buhari has urged the National Assembly and other agencies investigating the misuse of national resources, to work together in ensuring transparency and accountability from individuals and institutions entrusted with public funds.  

In a tweet via his official handle @MBuhari, the President promised to get to the root of the problems bedevilling the development of the Niger Delta region.  

“I am determined to get to the root of the problem undermining the development of the Niger Delta, in spite of the enormous national resources dedicated to this annually. This administration remains committed to bringing rapid, even and sustainable development to the region,” the tweet read. 

RelatedStories

FCT High Court, Benjamin Joseph, zinox

FG denies forcing eminent Nigerians to testify in reported ‘Mambilla Arbitration Case’ in Paris 

January 19, 2025
Federal High Court, REA

Court dismisses suit challenging NDDC MD and Executive Directors’ appointment by Tinubu

January 14, 2025

READ MORE: 13 new cases of COVID-19 reported in Nigeria, as 3 more people die 

He called on investigating agencies and audit firms working with the National Assembly Committees to act “with urgency and a sense of purpose” and keep him informed on their actions and progress.  

All investigating agencies and auditing firms currently working collaboratively with National Assembly Committees to audit and reposition the NDDC must act with urgency and a sense of purpose, and ensure that I am kept informed of any and all actions being taken.

— Muhammadu Buhari (@MBuhari) July 16, 2020

These efforts, he added, would apply to every institution of the Federal Government.  

The Backstory 

Earlier on Thursday, the House of Representative Committee on NDDC, issued a warrant of arrest on the acting Managing Director of the Commission, Prof. Kemebradikumo Pondei, after he walked out on the legislators probing the alleged N40 billion irregular expenditure in the commission. 

Pondei who walked out with his team, accused the Chairman of the House of Representative committee on NDDC, Olubumi Tunji-Ojo (APC-Ondo) of corruption, insisting that the Niger Delta Development Commission was not comfortable having him chair the committee.  

In his words, “We in the NDDC are not comfortable with the Chairman of this committee, presiding over the matter. He is an interested party and we do not believe that the NDDC can have justice because he cannot seat on his own case.” 

“We have no issue of appearing, we appeared before the Senate ad hoc committee and as long as he remains, we will not make any presentation,” he said.  

The warrant on Pondei’s arrest was issued by the lawmakers, following the unanimous adoption of the motion by Rep. Benjamin Kalu at the investigative hearing On Thursday in Abuja. 


Follow us for Breaking News and Market Intelligence.
Tags: Kemebradikumo PondeiMuhammadu BuhariNDDCNigeria NewsOlubumi Tunji-Ojo
Ruth Okwumbu-Imafidon

Ruth Okwumbu-Imafidon

Ruth Okwumbu has a MSc. and BSc. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career. As a Business Analyst with Narametrics, she focuses on profiles of top business executives, founders, startups and the drama surrounding their successes and challenges. You may contact her via ruth.okwumbu@nairametrics.ng

Related Posts

FCT High Court, Benjamin Joseph, zinox
Legal & Regulations

FG denies forcing eminent Nigerians to testify in reported ‘Mambilla Arbitration Case’ in Paris 

January 19, 2025
Federal High Court, REA
Breaking News

Court dismisses suit challenging NDDC MD and Executive Directors’ appointment by Tinubu

January 14, 2025
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu 
Budget

2025 budget: Regional Development Commissions to receive N2.49 trillion; NDDC, North-West, South-West take lion’s share

January 13, 2025
2025 budget: Obasanjo, IBB, GEJ, Buhari, other former leaders to receive N2.3 billion in entitlements 
Budget

2025 budget: Obasanjo, IBB, GEJ, Buhari, other former leaders to receive N2.3 billion in entitlements 

January 9, 2025
NDDC to continue distribution of solar-powered streetlights in Niger Delta to improve Security
Energy

NDDC to continue distribution of solar-powered streetlights in Niger Delta to improve Security

January 3, 2025
NDDC
Business News

NDDC announces N30 billion fund for young entrepreneurs’ development in Niger Delta 

December 28, 2024
Next Post
FAAN condemns “irresponsible act” of Governor Fintiri at Port Harcourt airport

FAAN condemns "irresponsible act" of Governor Fintiri at Port Harcourt airport

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Denmark raises citizenship fee by 50%, introduces €402 reapplication charge 
  • ECOWAS MP flags West Africa’s youth unemployment as among world’s highest at 24.95%
  • Telegram CEO Durov to divide his $17 billion fortune among 106 children 

Follow us on social media:

Recent News

Denmark

Denmark raises citizenship fee by 50%, introduces €402 reapplication charge 

June 20, 2025
Nigeria’s unemployment

ECOWAS MP flags West Africa’s youth unemployment as among world’s highest at 24.95%

June 20, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics