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BudgIT Identifies N3.42Trn Discrepancy In 2024 Appropriation Bill

BudgIT, one of the frontiline civic society organisations promoting transparency, accountability and effective service delivery in Nigeria, has raised some concerns over the proposed 2024 Appropriation Bill now before  the National Assembly. In a statement issued by the organization on its observations in the fiscal document, it lamented that the President Bola Tinubu’s administration had […]

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NDDC Mulls Solar-Powered Industrial Clusters In N/Delta

…..Targets $2Bn Carbon Investments The Niger Delta Development Commission (NDDC) on Tuesday unveiled plans to unlock $2 billion carbon investment in the Niger Delta region using solar power as part of the management’s wider strategy to ensure power supply to communities in the region. The commission’s Managing Director, Dr. Samuel Ogbuku, who was quoted in […]

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NDDC Seals Pact With KPMG To Enhance Internal Processes

The Niger Delta Development Commission (NDDC) has signed an agreement with KPMG, a multinational business management consultancy firm, to provide advisory services to the commission on global best practices in corporate governance culture and internal processes. The Managing Director, Dr Samuel Ogbuku, while speaking during the signing ceremony at the commission’s headquarters in Port Harcourt, […]

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NDDC, NLNG To Sign MoU On N/Delta Region Devt

The Niger Delta Development Commission (NDDC) and the Nigeria Liquefied Natural Gas (NLNG) are set to sign a Memorandum of Understanding (MoU) in furtherance of their efforts to drive sustainable development in the Niger Delta region. The NDDC Director, Corporate Affairs, Dr. Ibitoye Abosede, in a statement, quoted the commission’s Managing Director of the NDDC, Dr. […]

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BudgIT Raises Concerns About 2022 Budget, Queries Missing N198.7Bn In NDDC

BudgIT Foundation, a civic-tech organisation leading the advocacy for transparency and accountability in public finance in Nigeria and three other African countries, has raised concerns over critical issues on the 2022 proposed budget following its analysis of the 2,168-page document. The organisation, in a statement issued by its Communications Associate, Iyanu Fatoba, listed that  critical […]

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International Oil Companies Owe NDDC Over $4Bn – Akpabio

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, on Thursday accused the International oil companies (IOCs) operating in Nigeria’s hydrocarbon resources industry of not fulfilling their fiscal obligations to the Niger Delta Development Commission (NDDC) as and when due. Specifically, the minister claimed that the IOCs currently owed the commission over $4 billion. Akpabio, […]

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PIB: South-South Governors Seek 10% Appropriation For Oil Communities

South-South Governors on Tuesday demanded the upward review from 2.5 per cent to 10 per cent, appropriated to the Trust Fund for host oil Communities in the Petroleum Industry Bill (PIB) now before the National Assembly. The Chairman of the South-South Forum and Delta State Governor, Dr Ifeanyi Okowa, was quoted by News Agency of […]

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Senate Confirms 15 NDDC Board Nominees, Rejects One

The Senate on Tuesday confirmed 15 out of the sixteen nominees forwarded by President Muhammadu Buhari to the National Assembly for confirmation as board members of the Niger Delta Development Commission (NDDC). The nominees confirmed by the Senate include Dr. Pius Odubu (Edo), Chairman; Bernard Okumagba (Delta), Managing Director; Engr. Otobong Ndem (Akwa-Ibom), Executive Director […]

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NDDC Assures On Timely Completion Of Ondo Power Project

The Niger Delta Development Commission (NDDC) on Monday assured that the 132/33KV Sub Station designed to provide electricity for over 2, 000 riverside communities in Ondo State would be completed and commissioned soon. The commission’s Acting Managing Director, Dr Akwagaga Enyia, gave the assurance during an inspection of the project in Okitipupa. Accompanied by the […]

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2020 Appropriation Bill Scales Second Reading In Senate

The 2020 Appropriation Bill on Tuesday scaled second reading on the floor of the Senate. Consequently, upper chamber adjourned its plenary until 29th November to enable government Ministries, Departments and Agencies (MDAs) defend their budget proposals before the Committees of the Senate. The Senate President, Ahmad Lawan, in his concluding remarks during the debate on […]