Reps Okay N346 Billion Budget For NDDC
The House of Representatives yesterday approved N346.388 billion budget for the Niger Delta Development Commission (NDDC) for the 2019 financial year ending May 31, 2020.
The sum of N306.500 billion is for development projects in the Niger Delta Development Commission (NDDC).
The lower legislative chamber sanctioned the appropriation bill after the consideration of the report of its Committee on Supply chaired by the speaker, Femi Gbajabiamila, at plenary.
Earlier, chairman of the Committee on Niger Delta Development Commission (NDDC), Olubunmi Tunji-Ojo, had urged the Green Chamber to consider the panel’s report regarding the interventionist agency’s Statutory Revenue Fund to the tune of N346,388,900.
After the clause-by-clause consideration of sub-headings as read by the speaker, the budget was unanimously okayed after a motion to that effect by the Majority Leader, Alhassan Doguwa.
Addressing newsmen shortly, Tunji-Ojo enthused that with the approval, things would start taking shape in the Niger Delta region.
Besides, the chamber has taken a significant step at establishing the South-South Development Commission by ensuring that the bill sponsored by Awaji-Inombek Abiante scaled second reading at plenary presided over Deputy Speaker Ahmed Wase.
The proposed commission is to receive and manage funds from the Federation Account Allocation Committee (FAAC) and other sources, including donations, grants, and aid for the integration, development, resolution of infrastructure deficits, militancy, communal crises as well as tackle ecological and environmental problems confronting the oil-rich region.
Abiante (Rivers: PDP) while, leading debate on the bill, argued that the South-South geopolitical zone deserved a developmental commission like every other region in the country.
He paid glowing tributes to the late Head of State, General Sani Abacha, who is 1993, created the six geopolitical zones to engender equity in the distribution of the nation’s economic, political and educational resources.
The lawmaker noted: “As of today, the North East Development Commission is in place and functioning; a bill for the establishment of the South West Development Commission has scaled second reading, while the bills for the establishment of other zonal development commissions are also in the works.”
