President Muhammadu Buhari on Saturday sacked the Prof Kemebradikumo Daniel Pondei-led Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC).
The President, however, appointed the Ag. Executive Director, Finance and Administration of the sacked IMC board, Mr Effiong Okon Akwa, as interim administrator of the Commission.
This was contained in a statement signed by the President’s Special Adviser (Media and Publicity), Femi Adesina.
Buhari said the interim administrator will oversee the ongoing forensic audit of the commission to its completion.
The statement said President Buhari took the action to bring to an end the plotoral of litigations trailing the Pondei-Led IMC board.
Also affected with the dissolution is the appointment of the Director of Projects, Dr. Cairo Ojougboh.
“President Muhammadu Buhari has approved the appointment of an interim administrator to oversee the affairs of the Niger Delta Development Commission (NDDC)
“He is Mr Effiong Okon Akwa, the Ag. Executive Director, Finance and Administration of the Commission, who is to assume headship till completion of the forensic audit.
“Mr Akwa is a Fellow of the Institute of Chartered Accountants and a Solicitor of the Supreme Court of Nigeria.”
“The development became necessary as a result of plethora of litigation and a restraining order issued recently against the Interim Management Committee of the NDDC by a Federal High Court in Abuja”, the statement said.