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Issues In The News

House Of Representatives Calls On FG To Pay Monies Owed The NDDC

Nigeria’s House of Representatives wants the federal government to expedite action in paying the over N500b allocation arrears and N50b ecological fund it owes the Niger Delta development commission, NDDC.

 
House Of Representatives Calls On FG To Pay Monies Owed The NDDC

This was one of the highlights of decisions taken during the 2014 budget defence of the commission.

The chairman of the house committee on NDDC, Nicolas Mutu, was full of praises for the commission for their activities. He however stressed the need for adequate funding which according to him has remained the major challenge to commission, a stance, which enjoyed the support of Bassey Ewa Henshaw, chairman of NDDC.

Nicholas Mutu, said, “ May I use this opportunity to call on federal government to release the over N500b allocation shortfall it owes the NDDC and over N50 billion from the ecological funds are yet to be remitted to the commission’s fund.”

Bassey Ewa Henshaw, said, “We have started exploring the public-private partnership arrangement that we can use to leverage the funding that is available to us.”

A review of the utilization of the commission’s 2013 budgetary allocation shows that no new capital projects was awarded nor executed due to the absence of a budget to work with.

Itotenaan Ogiri, ED, Finance and Administration, NDDC said, “The law provides for salaries and allowances up to a maximum period of time so those were clearly utilised but in terms of capital project, there was none, no new project were awarded for 2013.”

While defending its 2014 budgets, the commission expressed displeasure over government funding of its activities, which was not in strict compliances with stipulations in the NDDC Act.

Itotenaan Ogiri, said, “This has posed a serious challenge in achieving the purpose and the aspirations of the mandate of the commission.to this end, we made sure that under performing projects are allocated funds on the NDDC 2014 budget.”

The Niger Delta Development Commission is seeking the support of legislators in its demand for increased funding and prompt passage of yearly fiscal appropriations.

About TransformationWatch

TransformationWatch is an online news site founded by Henry Omoregie It is focused on keeping tabs on the Transformation Agenda set out by the Nigerian leadership in the Local, State and Federal Governments. My mission is to observe, analyze and report milestones or slowdowns in promised service delivery in all the facets of governance in Nigeria (2011 and beyond). Readership is open to all Nigerians and friends of Nigeria alike, regardless of Tribe, Religion or Political divide. We are all in this together

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