NDDC Asks FG To Release Allocation Shortfall: The Chairman of the House of Representatives Committee on Niger Delta Development Commission (NNDC), Emobo Mutu, has urged the Federal Government to release over 500 billion naira allocation shortfall for the commission which has impeded project implementation and growth in the Niger Delta region. At the budget presentation of the NDDC to the committee, Mr Mutu said that the NDDC is owed huge sums of money which also includes 50 billion ecological fund. The commission appeared before the committee on Tuesday and day after to defend the approval of 322.6 billion naira budget for the Niger Delta development Commission for 2014 by the lawmakers. The Chairman of the NDDC Governing Board, Bassey Ewa-Henshaw, who led the team, told members of the committee that several funding challenges were the reasons they were yet to shift focus to key projects with greater impact on lives of indigenes of the region. The chairman noted that adequate funding and prompt passage of the 2014 budget would eliminate most of the constraints the commission have had to face with the very late passage of the 2013 budget and allocation shortfall. Members of the committee were concerned about the implementation of the 2013 budget which the commission said was approved very late and was turned over into the 2014 budget as presented. But the Chairman said that the commission was owed huge sums of money and ought to be paid so they could function effectively. The Chairman of the NDDC board, however, said that they were exploring partnerships with private concerns to augment funding and tackle key flagship projects with greater impact on the lives of the people and that the commission was committed to uplifting the living standard of the people of the Niger Delta region. Original link Read More goo.gl/DyrhzO (y) ✍comment ☏share
Posted on: Thu, 10 Jul 2014 22:29:23 +0000
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