Nigeria: Senate Queries Sedc, Accuses Commission of Spending N153m On Abuja Office Rent
Lawmakers questioned an alleged N153 million office rent and said the commission must justify more than N4 billion in spending.
- On Tuesday, the Senate Committee on the South East Development Commission queried Managing Director Mark Okoye over the agency's inability to account for over N4 billion spent from its 2025 budget.
- The South East Development Commission is less than two years old, established by President Bola Tinubu in 2024 to drive infrastructure development and economic growth across five South-east states.
- Lawmakers questioned specific financial items, including an alleged N153 million payment for a one-room liaison office in Abuja and N2.5 billion in implied expenditures in the commission's financial report.
- Committee Chairman Orji Uzor Kalu rejected the financial report as 'completely unacceptable,' directing the commission to submit comprehensive records of all contracts and payments justifying the spending.
- The committee directed the commission to submit complete documentation by June 23. "Once we receive and review the documents, we will determine the date for your next appearance," Kalu stated.
14 Articles
14 Articles
Senate accuses South East Development Commission of paying...
The Senate has accused the South East Development Commission (SEDC) of spending N153 million annually on what lawmakers described as a one-room liaison office in Abuja, as the commission came under intense scrutiny over its handling of a N16.6 billion allocation. The allegation was made on Tuesday during an investigative hearing of the Senate Committee on the South East Development Commission, chaired by Senator Orji Uzor Kalu, who questioned th…
Nigeria: Senate Queries Sedc, Accuses Commission of Spending N153m On Abuja Office Rent
The Senate has placed the Managing Director and Chief Executive Officer of the South East Development Commission, Mark Okoye, under scrutiny over the management of funds released to the commission from its 2025 budget allocation.
Senate demands full account of N3.6bn SEDC spending, summons commission
The Senate has intensified its oversight of the South East Development Commission (SEDC), demanding detailed explanations for billions of naira spent from funds released to the agency under the 2025 budget. The development followed an investigative hearing of the Senate Committee on South East Development Commission, where lawmakers raised concerns over several expenditure items contained in the commission’s financial records. Chairman of the co…
Senate panel queries SEDC over inability to account for over N4bn
Unable to provide a detailed account of the expenditure, the committee directed the SEDC managing director to return next Tuesday with comprehensive documentation showing how the funds had been utilised. The post Senate panel queries SEDC over inability to account for over N4bn appeared first on Premium Times Nigeria.
South East CSOs plan mass rallies, demand suspension of SEDC MD over accountability concerns
A coalition of civil society organisations under the umbrella of the Coalition of Civil Society Organisations Against Corruption and Electoral Malpractice (CSOACEM) has announced plans to stage peaceful mass rallies across the South East and the Federal Capital Territory, Abuja, over concerns surrounding the operations and financial management of the The post South East CSOs plan mass rallies, demand suspension of SEDC MD over accountability con…
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