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The chairperson, Governing Board of the Niger Delta Development Commission (NDDC), Lauretta Onochie, has declared as “illegal, null and void,” a $15 billion railway line agreement signed between the commission and a United States-based company.
Information from the commission website indicates that its managing director, Samuel Ogbuku, on Tuesday signed a Memorandum of Understanding (MOU) with Atlantic Global Resources Inc, to build a railway network to connect the nine states in the region.
The two parties, the commission said, signed the agreement at a ceremony which was part of a one-day Public Private Partnership (PPP) Summit organised by the commission in Lagos.
Thisday newspaper reported that the event was attended by the Minister of Niger Delta Affairs, Umana Umana, former Governor of Edo State and Senator-elect, Adams Oshiomhole, and other leaders from the South-south.
But reacting to the MOU, Mrs Onochie in a statement on Friday described the agreement as dubious and illegal, claiming that it was done without the knowledge of the commission’s board.
Peoplesmind