October 15, 2018

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N3.4bn Consultant Fee: NBC Board Replies EFCC

N3.4bn Consultant Fee: NBC Board Replies EFCC

Members of the Board of Directors of the National Broadcasting Commission (NBC) have justified the actions they took in selling a radio spectrum worth N34 billion and paying a commission of N3.4 billion to the consultants, saying that it was the best action taken to raise money for Digital Switch Over in Nigeria.

The members, including the former Director General of the commission, Emeka Mba, had been summoned to appear before the EFCC to answer questions on why they hastily paid out the sum of N3.4 billion to the technical consultant engaged by the board even before presidential approval was sought and obtained.

The others invited by the EFCC to appear this week are: Professor Herbert Orji (Chairman), Mohammed Kabir Umar, Mike Iheanetu, Yakubu Busa Buji, Ebenezer Ayorinde, Isa Badamasi Dahiru, Prince Dennis Sam, Jude Nnodum (SAN), and Peter Dama; as well as Basil Udotai, and Technology Advisors LLP. Read more

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