Friday, October 22, 2021

    REVEALED: How Godswill Akpabio, Effiong Okon Akwa, squandered N22 billion money meant for Niger Delta Development on Private Jets

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    Naija247news Editorial Team
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    Controversial Minister of Niger Delta, Godswill Akpabio and his lackey, Effiong Okon Akwa, who is Sole Administrator of the Niger Delta Development Commission, NDDC, have squandered N22billion recently released to the agency by the Federal Government, investigations have revealed.

    This is also coming on the heels of another allegations that the Minister who is building a sprawling multibillion naira mansion in Abuja, is also expecting the delivery of two private jets bought on his behalf by his front, one Dubem Obazie.

    Akpabio and Obazie’s wife are sisters from Anambra state.

    The multibillion mansion still under construction is located on Samuel Ademulegun Street, around National Mosque, Behind Zenith Bank, Central Area, Abuja.

    A source who is familiar with the looting of the funds in the NDDC revealed that after the N22billion was released to the NDDC, Akpabio instructed and gave Akwa a list of contractors that should be paid.

    “I have not been paid for almost two years now after they verified my project and certified it completed but they would pay their friends and those willing to pay 30%. How much would I be left with if I pay 30%”, a contractor who does not want to be named told

    According to him, “I have just been informed that the N22billion recently released by the Federal Government is finished. I was not paid, and a lot of others not paid. Those I heard were paid are those willin to pay 30% and those contractors close to the Minister.”

    Akwa, according to sources, sits with Obazie and determine who should be paid, making contractors part with 30% of their payment.

    Sources further revealed that all the 30% collected ends up with Dubem and one Elvis Afam who are said to be the custodians of funds being looted by Akpabio from the NDDC and the Ministry of the Niger Delta.

    Naija247news gathered that the buy of the private jets and the building still under construction is part of scheme to launder funds stolen. While the Jet is to be used for chatter services before it is sold off, the building would be put for rent and then sold off too.

    Akwa who was first sent to NDDC as Special Adviser, Finance, to Dan Abia, a former MD, by Akpabio, was allegedly signing off vouchers of N50million monthly for two years.

    Sources told that he never declared the properties he acquired from the funds he made then as required by law.

    Code of Conduct Bureau (CCB) is probing Minister of Niger Delta Affairs, Mr. Godswill Akpabio, for allegedly bribing its officials to the tune of N100 million.

    A Federal Commissioner in CCB, Ehiozuwa Johnson Agbonayinma, who spoke to reporters in Abuja, assured Nigerians that his outfit would unearth the truth surrounding the allegation.

    Agbonayinma, who chairs a sub-committee set up to investigate the matter, said: “We have been given a mandate by the bureau to investigate the allegation against some officials of CCB that we saw on the social media. Let me be specific, one Mr. Jackson Ude twitted, and it went viral, that money was given to some officials of CCB by Akpabio. Because of that, a committee to investigate the allegation was set up, with myself as the chairman.

    “The committee is not to witch-hunt anyone but to do its job of defending the constitution of Nigeria. We invited Akpabio who, in his wisdom, came to give his own side of the story. At the moment we cannot pass judgement as investigation is still in progress. All the accused parties remain innocent until the investigation is over.”

    Akpabio was said to have denied the bribery allegation.

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