President Buhari has sacked the Acting Managing Director of the NDDC, Prof Kemebradikumo Pondei following weighty allegations of fraud brought against him and his leadership.

Pondei has been replaced by Mr Effiong Okon Akwa who was the Acting Executive Director, Finance and Administration of the Commission under Pondei.

In a statement published by the Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, the President stated that the new administration would oversee the affairs of the NDDC till the end of the ongoing forensic audit of the Commission.

According to Femi Adesina@FemAdesina “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 of Nigeria and a Solicitor of the Supreme Court of Nigeria.

“The development became necessary as a result of a plethora of litigations and a restraining order issued recently against the Interim Management Committee of the NDDC by a Federal High Court in Abuja.”