The Senate President, Ahmad Lawan, has explained why the Senate took the decision to investigate the activities of the Niger Delta Development Commission (NDDC). He said the allegations of financial recklessness and misappropriation of funds levelled against the Interim Management Committee of the NDDC were unacceptable.
Lawan gave the explanation on Thursday in his speech while declaring open an investigative public hearing by the Senate Ad-Hoc Committee set up to probe the commission. He stressed the need for the prudent application of public funds by Ministries, Departments, and Agencies of Government (MDAs), saying the same had become imperative in view of scarce income at the disposal of the Federal Government.
“Financial recklessness is not an attribute that anyone can afford, whether rich or poor. It is even worse with the poor, or for the organisation or a country with limited resources,” Lawan was quoted as saying in a statement by his aide, Ezrel Tabiowo.
He added, “This is the reason we have always highlighted the need for prudence in the application of public resources. The time when public resources are seen as nobody’s resources is long gone. We are in trying times when we all have to be concerned about the judicious use of scarce incomes.
