Monday, 29 September 2014

Niger Delta Commission addresses funding shortfalls

news24
Abuja - The Advisory Council of Niger Delta Development Commission (NDDC) has resolved to urgently address the funding challenges facing the commission in an effort to enhance service delivery.

The Advisory Council which comprises of governors of the nine Niger Delta States of Delta, Edo, Rivers, Cross River, Akwa Ibom, Bayelsa, Ondo, Imo and Abia.

The council at a just-ended meeting, decried the attitude of some oil majors who defaulted on their funding obligations to the commission, thus stalling the commission's activities.

Also Read: Bayelsa committee to probe abandoned projects

Speaking after the meeting Ondo State Governor, Olusegun Mimiko, said the meeting provided the council an opportunity to look into the funding challenges, programmes and budget of the commission.

He stated that the advisory council also looked at ways to leverage the outstanding funds from some of the oil majors who have defaulted on their funding obligations to the commission. 

“We got a briefing from the Chairman of the Commission on the funding challenges facing the commission and we are ready to see how we can assist in resolving some of these challenges and how we can (recover) some of the outstanding funds from the oil majors.”

Mimiko explained that the council also looked at the  projects undertaken by the commission and urged the NDDC Board to place emphasis on legacy projects that would create jobs for the people of the Niger Delta region and  sustain the economy of the region beyond oil. 

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