Home Metro NDDC clears backlog of Scholarship payment

NDDC clears backlog of Scholarship payment

408
0
Access Pensions, Future Shaping

TUE, SEPT 01 2020-theG&BJournal- The Niger Delta Development Commission (NDDC) said today that it has cleared the backlog of scholarship payment for overseas student. The Commission said that a total of $5.9m has been paid for a batch of 197 scholars, with 12 PHDs, while payment for about 94 scholars is being processed.
The story of the overseas protest of Niger Delta Development Commission (NDDC) scholars, had dominated the news, in the month of July, 2020, during the now infamous public hearing on NDDC, in the National Assembly.
The Prof. Pondei-led management of the NDDC as well the Minister for Niger Delta Affairs, Sen. Godswill Akpabio had explained that the sudden upward surge in the total cost the scholarship was worrisome and no payment will be made, under his watch, without scrutiny of the list, to ascertain the authenticity of the names therein.
This decision was taken after the NDDC has gone to the Central Bank of Nigeria (CBN), intent on making a payment of $5m (Five million Dollars) to clear the backlog of the scholarship, only to realize that the bill had risen to $7m (Seven Million Dollars). Stunned by that bill, the NDDC management notified the Minister, who promptly ordered a stay of action, pending the thorough vetting of the list.
‘’It may take a while, but Niger Deltans, nay; Nigerians will come to appreciate what it means when prudence meets probity, in the management of public funds, as exemplified by Sen. Godswill Akpabio, the Minister of Niger Delta Affairs and his handling of the NDDC imbroglio so far,’’ the NDDC said in a statement seen by theG&BJournal.
twitter:@theGBJournal|email: info@govandbusinessjournal.com.ng|

Access Pensions, Future Shaping