President Muhammadu Buhari yesterday sacked Prof. Kemebradikumo Daniel Pondei-led Interim Management, IMC and appointed Effiong Okon Akwa as the new interim administrator of the Niger Delta Development Commission (NDDC).

Akwa, according to a statement by the president’s media adviser, Mr. Femi Adesina, who is the acting Executive Director, Finance and Administration of the Commission, will oversee the affairs of NDDC until the completion of the ongoing forensic audit.

Adesina said Akwa is a Fellow of the Institute of Chartered Accountants and a solicitor of the Supreme Court of Nigeria.

He said his appointment in that capacity had become imperative following the plethora of litigations and a recent restraining order issued against the Interim Management Committee of the NDDC by a Federal High Court in Abuja.

Recall the NDDC had been embroiled in allegations of financial misappropriations under Prof. Kemebradikumo Daniel Pondei.

In one of the investigations into the financial misappropriations, Pondei fainted while being interrogated.
TNG reports NDDC’s Director of Projects, Dr. Cairo Ojougboh is also affected with the dissolution of the commission’s management.

The outcome of the forensic audit of the NDDC under Pondei is yet to be concluded.

Justin Nwosu

Justin Nwosu is the founder and publisher of Flavision. His core interest is in writing unbiased news about Nigeria in particular and Africa in general. He’s a strong adherent of investigative journalism, with a bent on exposing corruption, abuse of power and societal ills.