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Reps probe disbursement of N1.4bn NDE loans

By Levinus Nwabughiogu

ABUJA—To unearth the whereabouts of N1.4 billion loan allegedly disbursed to unknown persons by the Nigeria Directorate of Employment, NDE, the Public Accounts Committee of the House of Representatives, PAC, yesterday raised up a 6-man panel for the task.

The decision came on the heels of a query by the Office of the Auditor General of the Federation in 2011, requesting NDE to account for the N1.47 billion which it said was disbursed to some persons under its skill acquisition scheme.

House of Representatives

The funds under probe covered loans disbursed since the inception of the agency.

The sub-committee, headed by the deputy chairman of PAC, Ibrahim Baba, and had  Legor Idagbor, Lawal Shuaibu,  Sunday  Adepoju, Olusegun Kehinde and Daniel Kolawole as members, is principally empowered to fish out the beneficiaries.

While setting up the panel, Chairman, Public Accounts Committee, Hon. Kingsley Chinda (PDP, Rivers), called for cooperation from the NDE authorities.

He said:  “Considering the fact that we will want to do a detailed work on the NDE query, we therefore ask the members to consider the query for NDE in 2011 paragraph 9.14 A to H.”

The Office of the Auditor-General of the Federation had in the query showed displeasure that out of the N1.4 billion disbursed, only N289.9 million was recovered so far, leaving an outstanding of N1.18 billion.

Responding to a directive issued by the Public Accounts Committee on July 10, 2017, the Director-General of NDE, Mr Nasiru Ladan Mohammed, however, made available the list of the beneficiaries and amount granted each of them.

Others items made available also were copies of loan agreement and report of recoveries made from

1987 to 2010 and the copies of the audited accounts of the agency from 1997 to 2015.


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