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Senate Probes Alleged Irregularities in NCDMB’s Refinery Investment+Photos
By Emmanuel Agaji
The Senate Committee on Local Content has directed the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, to appear before it over alleged financial irregularities linked to the Board’s investment in Atlantic International Refinery and Petrochemical Limited.
The committee’s decision follows allegations by the Economic and Financial Crimes Commission (EFCC) involving funds purportedly invested by the NCDMB in the refinery project.
After a meeting in Abuja on Thursday, lawmakers resolved that the agency’s leadership must submit 30 copies of all relevant documents at least one week before their scheduled appearance on December 9, 2025.
Committee Chairman, Senator Joel-Onowakpo Thomas, noted that the NCDMB leadership had earlier failed to honour an invitation to address issues raised by the EFCC, including the declaration of former Minister of State for Petroleum Resources, Chief Timipre Sylva, as wanted over an alleged conspiracy and the alleged dishonest conversion of $14.86 million.
He emphasized that the funds in question were reported to have been invested by the Board for the establishment of a refinery, underscoring the seriousness of the matter.
Despite the ongoing investigations by anti-corruption agencies, the committee resolved to provide the Executive Secretary another opportunity to clarify the Board’s role.
The motion compelling the NCDMB leadership to appear was moved by Senator Agom Jarigbe.
News
PHOTOS: FCT Minister, Wike, inspects ongoing construction of Interchange Bridge, Road linking Maitama, Gishiri, Jahi with Gwarinpa today
The Minister of FCT today inspected ongoing construction of Interchange Bridge, Road linking Maitama, Gishiri, Jahi with Gwarinpa today
The Minister of FCT, Nyesom Wike today, Friday inspected ongoing construction of Interchange Bridge, Road linking Maitama, Gishiri, Jahi with Gwarinpa.
The project is titled; Full scope development of Arterial Road N16 (Shehu Shagari Way) from Ring Road II to Ring Road III with Two Interchange Bridges at N16/RRII and N16/RIII intersections.
The portion from RRI to Arterial Road N20 (Solomon Lar Way) within Katampe District was developed and commissioned by President Bola Ahmed Tinubu, to mark 2nd year Anniversary of his Administration.
The portion from N20 to RRII is being developed under Jahi District Infrastructure Project, leaving the undeveloped portion from RRIII to Arterial Road N40 to link the road that leads to the Renewed Hope Estate in Karsana Districts.
The portion of this Arterial Road N16 under reference traverses the Gwarimpa Housing Estate and this segment of the road when developed will provide access to the Gwarimpa Housing Estate located within Bunkoro and Wupa Districts as well as Sector Center E which is the hub of commercial and social activities comprising group of four districts namely; Gwarimpa II – C03, Kafe – C05, Wupa – C15 and Bunkoro – C18 Districts in Phase III of the Federal Capital City.
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“Why I dumped PDP for APC “- Rivers Speaker, Amaewhule
The Speaker of Rivers State House of Assembly, Hon Martin Amaewhule, on Friday gave reasons why he dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC).
“The major reason for leaving the PDP is because of the division in the PDP,” Amaewhule, who represents Obio-Akpor I constituency, told the lawmakers on Friday.
He commended President Bola Tinubu for some programmes embarked upon by his administration that have benefited Nigerians, especially Rivers people.
According to the Speaker, his defection would enable him to partner with President Tinubu for the overall good of the Rivers people.
Amaewhule said, “Distinguished colleagues, let me happily announce to honourable members that your Speaker, Rt Hon Martin Chike Amaewhule, has decided and has indeed written to my Ward Chairman, Mr Osondo Orlu, of my decision to leave the Peoples Democratic Party.
“APC is my new party. I will do all that is needed to be done towards ensuring that the party card of the All Progressives Congress is issued to me in no time. I am happy to be a member of the APC so that we can join forces with Mr President. He is doing so much for this country.
“President Bola Ahmed Tinubu means well for Nigeria. He is tackling issues of security headlong. The President has shown love to Rivers State; he is helping Rivers people to be part of the governance of this country. I am so delighted to be part of the APC so we can support the President right inside the All Progressives Congress.”
Amaewhule defected along with 15 other members of the House on Friday.
Others who dumped the PDP were the Deputy Speaker, Dumle Maol (Gokana), Major Jack (Akuku-Toru), Linda Stewart (Okrika), Franklin Nwabochi (Ogba/Egbema/Ndoni), Azeru Opara (Port Harcourt 3), Smart Adoki (Port Harcourt 2), Enemi George (Asari-Toru 2), and Solomon Wami (Port Harcourt 1).
Also included were Igwe Aforji (Eleme), Tekena Wellington (Asari-Toru 1), Looloo Opuende (Akuku-Toru 2), Peter Abbey (Degema), Arnold Dennis (Ogu/Bolo), Chimezie Nwankwo (Etche), and Ofiks Kabang (Andoni).
Since returning to civil rule in 1999, the PDP has maintained a tight grip on the oil-rich Rivers state, until the protracted crisis rocked the state, which pitched the lawmakers against Governor Siminalayi Fubara.
The crisis led to the partial demolition of the State Assembly complex by forces allegedly loyal to Fubara as well as the attempted moves to impeach the governor by the lawmakers loyal to the FCT Minister, Nyesom Wike.
Worried by the development, President Bola Tinubu waded in to douse the tensions and declared a state of emergency on March 18.
The emergency declaration led to the suspension of Governor Fubara and his deputy, Ngozi Odu and the lawmakers.
At the expiration of the exercise, he reinstated Fubara, his deputy and the lawmakers on September 17.
News
Finally Rivers Speaker, 15 Other Assembly Members Dump PDP , join APC
The Speaker of the Rivers State House of Assembly, Martin Amaewhule, defected along with 15 other members of the House on Friday.
Speaker of Rivers State House of Assembly, Martin Amaewhule
The Speaker of the Rivers State House of Assembly, Martin Amaewhule, defected to the All Progressives Congress.
Amaewhule defected along with 15 other members of the House on Friday.
The House of Assembly is currently in session with the defectors blaming their departure from the Peoples Democratic Party (PDP) on the crisis in the party.
Others who dumped the PDP were the Deputy Speaker, Dumle Maol (Gokana), Major Jack (Akuku-Toru), Linda Stewart (Okrika), Franklin Nwabochi (Ogba/Egbema/Ndoni), Azeru Opara (Port Harcourt 3), Smart Adoki (Port Harcourt 2), Enemi George (Asari-Toru 2), and Solomon Wami (Port Harcourt 1).
Also included were Igwe Aforji (Eleme), Tekena Wellington (Asari-Toru 1), Looloo Opuende (Akuku-Toru 2), Peter Abbey (Degema), Arnold Dennis (Ogu/Bolo), Chimezie Nwankwo (Etche), and Ofiks Kabang (Andoni).
Details shortly…
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