FG Owes NDDC N1.8trn – Official
The Niger Delta Development Commission (NDDC) says the Federal Government is owing the commission N1.8 trillion.
Ibitoye Abosede, Head of Media and Public Affairs of the commission, disclosed this in Uyo at a one-day Media Capacity Building Workshop for members of the Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ), Akwa Ibom Council.
He lamented that non-remittance of the backlog of statutory allocations had hampered accelerated development in the region.
He said the federal government had mandated the Ministries of Niger Delta Affairs, Budget and National Planning to sit with the Board of NDDC with a view to ascertaining exactly how much was owed the commission.
”The federal government has set up a committee to ascertain the exact money owed the commission,” he said.
According to him, this is the first time a president will demonstrate this kind of political will towards ensuring sustainable development of the region.
Abosede, represented by Chijoke Amu-Nnadi of the department, explained that aside the arrears from the commission’s statutory allocations, other associated funds for ecology, oil and gas, among others, had not been remitted.
