Skip to content
September 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Press Releases
  • NDDC: 56,250,000 Euros Contract Award Notification is Fake News
  • Press Releases

NDDC: 56,250,000 Euros Contract Award Notification is Fake News

Admin June 29, 2023

NDDC Logo

 

NDDC Logo

The attention of the management of the Niger Delta Development Commission (NDDC) has been drawn to a fake contract award letter being circulated online, purporting to originate from the desk of the Managing Director of the Commission.

The fake letter purportedly notified an Italian company of an award of a contract for 56,250,000 Euros. The fake letter neither states the purpose of the contract nor the consideration for the award.

We hereby state unequivocally that the document is fake. The purported contract is also a scam. It does not exist either in the records of the Commission nor is any of our officials aware of it.

We have taken a close look at the document and wish to point out the following:

1. Contract awards in NDDC follow due process stipulated by the Procurement Act. At the end of that process, the successful bidder is issued an award letter signed by the Director of Procurement. That award letter is on a security paper, with a serial number and a QR code. Contract award letters do not come from the desk of the managing director.

2. The fake letter dated June 1, 2023, was purportedly signed by the managing director and the minister of Niger Delta Affairs. The managing director signed no such letter. In any case, the signature on the fake document is not that of our managing director. Also, Nigeria had no Minister of Niger Delta Affairs by June 1, 2023 as the Federal Executive Council was dissolved before the hand-over of power on May 29, 2023.

3. The fake letter failed all the Commission’s branding standards.

Our take is that the letter is a product of a cheap scam. It has no relationship whatsoever with the Commission. We hereby advise all stakeholders and interested parties to cross check any purported letter of contract award with the Procurement Department of the Commission. We also warn the public to beware of fraudsters who will stop at nothing to dupe others

We have reported this scam to the law enforcement agencies so that the culprits can be brought to book.

Ibitoye Abosede, Ph.D.
Director, Corporate Affairs
June 28, 2023.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: contract fake news Ibitoye Abosede NDDC

Post navigation

Previous FirstBank introduces 1st humanoid robot to engage customers
Next Emilokan: I invoked spirit of freedom in Ogun, says Tinubu

Related Stories

Akpabio sends passionate best wishes to VP Shettima, a steadfast patriot, on his birthday
  • Press Releases

Akpabio sends passionate best wishes to VP Shettima, a steadfast patriot, on his birthday

September 2, 2026
President Tinubu begins three-week leave
  • Press Releases

President Tinubu begins three-week leave

August 30, 2026
Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 
  • Press Releases

Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 

August 10, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Customs seizes N43.5bn narcotics, drones, expired goods at Apapa Port federal republic of nigeria
  • National News

Customs seizes N43.5bn narcotics, drones, expired goods at Apapa Port

September 10, 2026
Akpabio petitions DSS over purported anti-North comment
  • National News

Akpabio petitions DSS over purported anti-North comment

September 10, 2026
Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy
  • National News

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy

September 10, 2026
The Amupitan you do not know, by Ray Umokoro
  • Commentaries

The Amupitan you do not know, by Ray Umokoro

September 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.