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CSO Urges EFCC To Probe Alleged Misuse Of N9.9bn At NCDMB

by Ejike Ejike
6 months ago
in News
CSO Urges EFCC To Probe Alleged Misuse Of N9.9bn At NCDMB
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The Coalition of Civil Society for Good Governance (CCSGG) has called for an investigation into alleged financial misappropriation at the Nigerian Content Development and Monitoring Board (NCDMB).

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The group raised serious concerns over a reported N9.9 billion naira (approximately 6.6 million USD) allegedly misappropriated for consultancy services within the board.

At a press conference in Abuja, the convener of CCSGG, Comrade Okpanachi Jacob, said the funds were allegedly expended on consultancy services without the proper documentation or transparency.

He emphasised the need for swift action by the Economic and Financial Crimes Commission (EFCC).

“We urge the EFCC to conduct a comprehensive and independent investigation into the financial activities of Engr. Felix Omatsola Ogbe and the NCDMB, especially focusing on the alleged misappropriation of N9.9 billion naira,” Jacob said.

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In response to the allegations raised by CCSGG, the Nigerian Content Development and Monitoring Board issued a statement dismissing the claims as unfounded and recycled.

The NCDMB described the allegations as “patently false” and emphasized that these were similar to accusations previously made by Sahara Reporters, which had been categorically denied by the board.

“The Board has observed the highest standards of accountability, transparency, and due process in its operations,” the statement read.

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The board also asserted that the strategic workshop referenced by CCSGG was an annual event held to align the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among key ministries, departments, and agencies. According to the NCDMB, all expenses related to this workshop and other projects were conducted in accordance with approved financial and procurement guidelines.

Furthermore, the board emphasized its commitment to transparency, citing its recognition as the top-performing agency for transparency and efficiency by the Presidential Enabling Business Environment Council (PEBEC) for three consecutive years.


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