Senate passes NDDC budget with borrowing plan of N1trn

The Senate has passed the N1.9 trillion budget of the Niger Delta Development Commission (NDDC) for the 2024 fiscal year. The upper chamber passed it after considering a report submitted by its Committee on NDDC, presented by Asuquo Ekpeyong, its chairman. The Senate President, Godswill Akpabio, announced approval of the budget after majority of the … Read more

NDDC presents N1.9trn 2024 budget to National Assembly

The Niger Delta Development Commission (NDDC) has presented a budget of N1.911 trillion for the 2024 fiscal year to the National Assembly. The Managing Director and CEO of NDDC, Samuel Ogbuku, made the presentation on Monday to the Senate Committee on NDDC at the National Assembly Complex, Abuja. The budget is christened ‘Budget for the … Read more

NDDC urges IOCs to defray over $700m outstanding debt

The Niger Delta Development Commission (NDDC) has appealed to International Oil Companies (IOCs) to defray the $700 million debts they owe the commission. The Managing Director of the commission, Samuel Ogbuku, made the appeal during a virtual media tour of the commission’s projects in the Niger Delta region and sensitisation engagement with media executives across … Read more