Nigerian Oil Agency Under Watch for Billions Missing – Yahoo! Voice

Nigerian Oil Agency Under Watch for Billions Missing – Yahoo! Voice

Investigators are looking for billions of dollars in missing or stolen funds from a Nigerian agency set up to develop the oil-rich but poor Niger Delta.

Like the rest of the country’s opaque oil sector, officials say the Niger Delta Development Commission (NDDC), based in the southern oil town of Port Harcourt, has been a chasm of corruption and mismanagement since its inception. 20 years ago.

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