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NDDC urges IOCs to defray over $700m outstanding debt

by Folarin Kehinde June 24, 2024
written by Folarin Kehinde

The Niger Delta Development Commission (NDDC) has appealed to International Oil Companies (IOCs) to defray the $700 million debts they owe the commission.

The Managing Director of the commission, Samuel Ogbuku, made the appeal during a virtual media tour of the commission’s projects in the Niger Delta region and sensitisation engagement with media executives across the country.

Mr Ogbuku, represented by the commission’s Executive Director of Projects, Victor Antai, said the debt spanned more than 24 years.

He said that paying the debt would help the commission to tackle the enormous developmental challenges confronting the region.

He said that the present NDDC’s board and management were genuinely committed to changing the poor perception of the commission in the region.

“We are presenting a new NDDC that is dedicated to implementing several interventions aimed at enhancing and transforming the lives of the Niger Delta people.

“The completion and inauguration of previously abandoned legacy projects are a demonstration of our determination to build on the successes of past NDDC boards and correct their mistakes.

“However, for us to realise our objective of transforming the Niger Delta, we require the support of all stakeholders, including the IOCs,” Mr Ogbuku said.

He also said that the NDDC board had adopted a triple ‘T’ (Transiting from Transaction to Transformation) strategy to actualise its regional mandate.

“We are very committed to ensuring that this time, NDDC truly makes a difference for the betterment of our people.

“The recent inauguration of five mega projects in Abia, Akwa Ibom, Bayelsa, Edo and Ondo States is a testimony of the new passion with which the commission is delivering on its mandate,” he further said.

Leading the media executives through a virtual tour of NDDC projects, Mr Antai, said that the commission constructed and rehabilitated 5,141.3 kilometres of roads across the region.

According to him, the commission has also built 42 bridges, 87 jetties and numerous hydraulic structures across the nine NDDC states.

“NDDC has also installed 3,806.15 kilometres of distribution lines and 527 transformers; deployed 56,786 solar streetlights and constructed and rehabilitated 678 water schemes in communities in the region.

“The commission has reclaimed 427.16 hectares of land for development; awarded 2,323 foreign postgraduate scholarships and constructed and rehabilitated 924 schools and 1,571 hostel rooms.

“On healthcare, NDDC has built 142 health centres and hospitals, equipped six with modern facilities; while in Agriculture we built a rice mill in Elele, Rivers, among others,” Mr Antai said.

He expressed the commission’s intention to undertake big-ticket projects in the region.

June 24, 2024 0 comments
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BREAKING: Tinubu appoints new board members, management team for NDDC

by Leading Reporters August 29, 2023
written by Leading Reporters

President Bola Tinubu has appointed board members and a management team for the Niger Delta Development Commission (NDDC).

According to a statement by Ajuri Ngelale, presidential spokesperson, on Tuesday, Chiedu Ebie was appointed the chairman of the board of the commission while Samuel Ogbuku is the managing director and chief executive officer (CEO).

More to follow…

August 29, 2023 0 comments
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FG orders NDDC to resume suspended scholarship scheme

by Folarin Kehinde August 1, 2022
written by Folarin Kehinde

The Minister of Niger Delta Affairs Umana Umana has ordered the Niger Delta Development Commission (NDDC) to resume the commission’s scholarship scheme suspended some years ago.

It was gathered that Umana gave the directive during a two-day retreat for senior staff of the NDDC and the Niger Delta Ministry, which ended in Abuja at the weekend.

An official of the ministry, who spoke in confidence, said Umana vehemently kicked against suggestions to scrap the scheme and insisted that it would be sustained, expanded and reviewed to eliminate all forms of corruption in the system.

The source said Umana wanted a scholarship scheme that would be home driven with a special focus on Nigerian universities.

“The idea is to retain the scheme and make it home-based instead of the usual practice of sending beneficiaries abroad to study courses offered in Nigerian universities.

“Foreign scholarship scheme will not be totally removed. But it will be de-emphasised. Niger Delta students will no longer be sent abroad to study courses offered in Nigerian universities.

“The commission can only sponsor interested scholars overseas
to study only special courses that are not found in our universities. Therefore, Umana has ordered the commission to review and relaunch the scholarship scheme.”

The source said other far-reaching decisions were taken at the retreat to reposition the NDDC in harmony with the recommendations of the forensic audit report.

He said it was resolved that NDDC would henceforth streamline its projects against the current practice of awarding many jobs in one fiscal year.

“Henceforth, the NDDC will work closely with the National Assembly to ensure that projects are streamlined. Projects that had been completed would be inaugurated and the commission will also stop issuing emergency contracts”, he said.

He said there was also hope for the contractors, who had finished their jobs but had yet to receive their money as a decision was reached that the commission should focus on clearing its debts.

The source said: “It was also agreed the NDDC should cancel all projects that had been awarded but the contractors refused to mobilise to their sites. The money for such projects will now be used to complete other abandoned projects.

“The forensic audit report is being implemented in phases. The area that concerned the National Assembly had been sent to the lawmakers. The areas that concern the anti-graft agency have also been directed to them.

“A staff audit has also been ordered to ensure proper placement of workers and retirement of those directors due for retirement. The Niger Delta stakeholders should expect a new NDDC that responds to their yearnings under the current minister”, he said.

August 1, 2022 0 comments
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