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Corruption Scandal: NDDC Is A ‘Cash Cow’ For Politicians – Wike

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The recent revelations on the activities of the Niger Delta Development Commission (NDDC) may have come as a surprise to many Nigerians, but it is not a shocking development for Rivers State Governor, Nyesom Wike.

Governor Wike believes the agency has since deviated from its original mandate and has become a source of wealth for some corrupt politicians.

“I have said before and it is very clear; my concern is everybody knows that NDDC was set up for the development of the region,” he told Channels Television on Tuesday during an interview on Sunrise Daily in Port Harcourt, the Rivers State capital.

He added, “Unfortunately, they have turned it to a different thing; NDDC is a cash cow for politicians. In my own election, NDDC brought N10 billion cash to fight against me.”

The governor’s reaction is the latest among several others following the probe of the agency by lawmakers in the National Assembly in Abuja.

The lawmakers had launched a probe into the fraud running into billions of naira said to have been perpetrated by the Interim Management Committee (IMC) of the NDDC between February and May 2020.


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