It was learnt that the money was transferred instalmentally into the accounts of companies owned by Braimbraifa’s man Friday Nnamdi Okykar.
The companies used to divert the money are Escobar Nigeria Limited and Diamond D’N Sky.
The N1.2billion according to an insider source was moved to accounts of the rogue company domiciled in WEMA Bank and FCMB bank in Port Harcourt, the Rivers State capital.
Pointblanknews.com gathered that millions of Naira meant for youth empowerment programs and water hyacinth contracts have often ended up in the accounts of Escobar Nigeria Limited and Diamond D’N Sky limited, a front company used by the rogue leadership of the NDDC to steal.
The NDDC, had said it would train 200 graduates from the Niger Delta region in various departments of Information Communication Technology, ICT.
The Commission’s Assistant Director, Commercial and Industrial Development, CID, Mr. Davies Okarevu, said that the ICT graduate training programme would be concluded with examinations coming up between August 13 and 15, 2019.
Okarevu, who spoke against the background of some misconceptions among the participants, explained that the training was part of NDDC’s efforts to boost human capital development in the Niger Delta region, stating that in addition to infrastructure, development of human capital was an important component that facilitates the rapid growth and development of any nation.
He said that with the kind of training given to the participants, it was wrong for them to expect immediate cash rewards or starter packs as in other skills acquisition trainings under the NDDC.
He added that what the Commission did was to teach the youths how to fish rather than give them fish to satisfy their immediate hunger. “Is there any better way to empower young people than to give them the tools not just to survive but to create employment for themselves and other youths?” he asked.
Okarevu said that the current management of the NDDC, led by Prof Nelson Brambiafa, was paying serious attention to human capacity building, noting that the training in various levels of ICT was part of the effort.
But an NDDC source who confided in Pointblanknews said the 1.2 billion naira was meant for the payment of the program.
The source said, “Solid Intel’s reveals from NDDC that Prof Nelson braimbraifa and chris Amadi has just colluded to plans to deny paying the water hycenth to the youths of the region and instead paid 1.2 billion in instalments of 400m, 300m and 500m to ESCOBAR NIG LTD and DIAMOND D’N SKY both owned by the chronic rogue NNAMDI OKYKAR.
“These are domiciled in WEMA BANK and FCMB BANK both on Aba Road, Portharcourt just beside NDDC office,” the source added.