“Cash Cow” Comment: NDDC Fires Back At Former Rivers State Gov, Wike

“Cash Cow” Comment: NDDC Fire backs At Former Rivers State Gov, Wike....KINDLY READ THE FULL STORY HERE▶

The Niger Delta Development Commission (NDDC) has addressed Nyesom Wike’s criticism, wherein he labeled the commission as a cash cow for channeling funds into private pockets. The Managing Director of NDDC, Samuel Ogbuku, responded in Port Harcourt, acknowledging Wike’s concerns as a challenge to improve and meet the commission’s objectives rather than engaging in confrontations with the former Rivers State governor. CONTINUE READING

Ogbuku emphasized the commission’s commitment to change the narrative positively. Over the past six months, NDDC has been diligently building a sustainable foundation to ensure efficient operations and adhere to global best practices. The commission aims to establish a corporate governance system that will regulate internal processes and procedures, ensuring transparency and accountability.

NDDC aims to achieve self-regulation, providing a game-changing approach to its operations. By subjecting itself to stringent processes and procedures, the commission seeks to instill trust and confidence among stakeholders. CONTINUE READING

In response to Wike’s criticisms, High Chief Anabs Sara-Igbe, National Coordinator of South-South Elders Forum, expressed his view that Wike lacked moral justification to judge NDDC. Sara-Igbe stated that Wike had not fully justified how the 13% derivation funds received during his tenure as governor were utilized, highlighting that oil-producing communities in Rivers State still face challenges despite the allocation of significant resources.

Sara-Igbe asserted that Wike’s criticism seemed hypocritical, as the former governor had not effectively addressed the development needs of the oil-producing communities in his state, while he questioned the NDDC’s efforts in fulfilling its responsibilities.

In conclusion, NDDC remains determined to address the concerns raised by Wike constructively. The commission’s focus on building a strong corporate governance system reflects its commitment to transparency, efficiency, and progress in fulfilling its mandate for the betterment of the Niger Delta region.

Source: Bushradiogist