Skip to main content

Senate Approves Over N1trn NDDC Budget, Two Teeks To End Of Session

The Senate on Tuesday, May 30, approved over N1trillion for the 2021 and 2022 budgets of the Niger Delta Development Commission (NDDC).

The total amount approved is N1,413,991,634,495.65 for 2021 and 2022 fiscal appropriation years of the commission.

While N485,794,575,131 was approved for 2021, N928,297,049,364.65 was approved for 2022.

Passage of the budget was sequel to a report of the Senate Ad-hoc Committee on NDDC presented at the plenary.

The ad-hoc committee chaired by Yusuf Yusuf (APC, Taraba Central) was constituted by the Senate to review expenditures of the NDDC in 2021 and 2022 by management of the commission without approval from the Senate.

Yusuf while presenting the report at the plenary complained that details of revenue and expenditures of the NDDC in 2021, 2022 and 1st quarter of 2023 were not provided by the concerned authorities in the Ministry of Finance.

He said the refusal of the authorities to provide the information could not allow the committee to ascertain whether the funds expended by management of the NDDC during the years under review followed financial regulations and conform to the bidding thresholds.

The Senate President, Dr Ahmad Lawan, condemned the refusal of the Ministry of Finance and Accountant General of the Federation to provide necessary documents to the ad hoc committee.

The 9th Senate will end on 11 June, 2023.

The ad-hoc committee recommended:

-That the Senate should direct its Committee on Niger Delta Affairs to resolve the crisis between the NDDC Board and its management in order to ensure that the commission is legally compliant in all processes and focus on achieving its mandate.

“That the Senate mandates its committee on Niger Delta Affairs to wade in and resolve the obvious trust deficit between the NDDC Board and its management to ensure that the commission is legally compliant in all processes and focus on achieving its mandate,” the recommendations read.

-That the ad-hoc committee notes that without approval and regularising the 2021 and 2022 budget estimates, the commission cannot operate the already approved Appropriation of the 2023 budget estimates as required by the provisions of the Public Procurement Act requiring the approval and performance of the previous years; and

-That in view of NDDC not meeting its contractual obligations which are liable to preponderance of litigation and considering the fate of about 40million people in Niger Delta region, the ad-hoc committee hereby urges that the Senate do consider and approve the 2021 and 2022 budget proposals of the Niger Delta Development Commission as recommended by the Senate Committee on Niger Delta Affairs, earlier considered at the plenary and referred to this ad-hoc committee to investigate, and for further legislative action.

Comments

Popular posts from this blog

Ogoni Day: Group Demands Saro-Wiwa, Eight Others' Exoneration, Compensation .Urges Probe Of Wike Over Alleged Diversion Of $300m OML 11 Payment

As the Ogoni ethnic nationality in Rivers State marked the 31st Anniversary of the Ogoni Day, the Ogoni Liberation Initiative (OLI), has reiterated the call on the Federal Government to exonerate late environment-rights activist, Kenule Beeson Saro-Wiwa and eight other Ogonis murdered during the late General Sani Abacha military junta in 1995. The group also called for compensation to Ogoni and families of the four Ogoni chiefs whose death led to the arrest and subsequent execution of Saro-Wiwa and eight others. OLI said it came up with the referendum after consultation with critical stakeholders within and outside Ogoni land and over 200 rights groups. Chief Executive Officer of Ogoni Liberation Initiative, Dr Douglas Fabeke, while reading an 8-point referendum to mark this year's Ogoni Day also demanded the immediate dissolution of the board of the Hydrocarbon Pollution Remediation Project (HYPREP), over alleged  gross mismanagement of funds and incompetence. OLI said Ogoni peopl

Our Decisions Not Borne Out Of Fear, But For Peace Of Rivers, Fubara Insists .Says He Won't Involve In Dirty Political Fights

Rivers State Governor, Sir Siminalayi Fubara, has declared that the decisions taken by his administration in the evolving political crisis in the state were not borne out of fear, but for peace to reign in the state. The governor made this known while addressing Rivers people at the maiden state banquet held by his administration at Government House, Port Harcourt on Monday to celebrate the New Year. The governor's position was revealed in a statement signed by the Senior Special Assistant on Media to the Governor of Rivers State, Boniface Onyedi, on Tuesday. Fubara, who wished Rivers people a fruitful and prosperous 2024, also appealed to Rivers people to embrace the ongoing peace process at the instance of President Bola Amhed Tinubu. He stated that his administration would not be enmeshed in any dirty political war that would hinder the prospects of development in the state. "Every decision that we've taken is not borne out of fear but because we have the interest of ou

2024 Budget: You Want To Strangle Nigerians, PDP Slams Tinubu

The Peoples Democratic Party (PDP) has described President Bola Tinubu’s proposed N27.5trillion budget for the 2024 fiscal year as hopeless and a huge disservice. PDP said if the proposed budget is passed, it will further asphyxiate Nigerians and plunge the nation into more economic depression and hopelessness. A statement signed by PDP’s spokesman, Debo Ologunagba, said: “It is clear that the 2024 budget as proposed with its heavy provisions for the luxury appetite of the Presidency and All Progressives Congress (APC) leaders, which is predicated and expected to be funded from multilateral and bilateral foreign loans and increased taxes on Nigerians, is designed to further mortgage our nation and strangulate the already impoverished Nigerians. “The budget framework with respect to recurrent expenditure vote of N9.9trillion, capital expenditure vote of N8.7trillion, and N8.25trillion for debt services is unsustainable and unrealisable in view of the stated outstanding debt and proposed