Alleged N37.1bn fraud: Carry Out Thorough Investigation, NGAA Urges EFCC

The Niger Delta Activists Alliance (NGAA) has called for action against financial mismanagement in the Ministry of Humanitarian Affairs, Disaster Management, and Social Development. This is as the alliance urged the Economic and Financial Crime Commission (EFCC) to conduct a thorough investigation into the alleged diversion of N37.1 billion belonging to the ministry. The group […]

Alleged N37.1bn fraud: Carry Out Thorough Investigation, NGAA Urges EFCC
Alleged N37.1bn fraud: Carry Out Thorough Investigation, NGAA Urges EFCC

The Niger Delta Activists Alliance (NGAA) has called for action against financial mismanagement in the Ministry of Humanitarian Affairs, Disaster Management, and Social Development.

This is as the alliance urged the Economic and Financial Crime Commission (EFCC) to conduct a thorough investigation into the alleged diversion of N37.1 billion belonging to the ministry.

The group made the appeal in a statement by Mark O. Edwin, its President General.

“NGAA unequivocally demands that President Bola Tinubu takes immediate action to address this blatant breach of the Central Bank of Nigeria’s regulatory policy, which aims to prevent arbitrary interference by ministries in the financial management of government-owned corporations and agencies under their purview.

“The President must demonstrate a strong commitment to ensuring strict compliance with the CBN regulations, allowing these entities to manage their financial affairs autonomously without undue government interference.

“As an organization comprised of representatives from various interest groups in the Niger Delta region, NGAA remains dedicated to promoting transparency, accountability, and justice in Nigeria. The time for action is now,” the statement read in part.