NDDC will approve only value-adding projects – Ogbuku

PLACE YOUR ADVERT HERE

Dr Samuel Ogbuku, the Managing Director/Chief Executive Officer of the Niger Delta Development Commission,  said that the commission will only approve projects that will add value to the oil-rich region.

This was part of his submissions at the just-concluded Niger Delta Stakeholders Summit held in Port Harcourt, Rivers State.

We will chart a new course for the region. The summit is a yardstick for feedback and possibly finding ways of improvement in line with the Renewed Hope Agenda of President Bola Tinubu. It will not just be an interaction with individuals, but an open interaction with members of the National Assembly, ministers from the region, and the private sectors, to discuss the Niger Delta and the mechanisms for effective delivery of services and projects.

“We will explore means of reducing recurrent expenditure. While we focus on completing capital projects, only projects that add value to the Niger Delta region will be approved. Our commitment is to work together towards transforming the region, by the eight Point Presidential Priorities, and the demands of the NDDC Act of 2000,” Ogbuku stated.

He added that the summit was an opportunity to open up the NDDC to accountability.

We are working very hard to deliver. What we are doing now is to do things differently by positively telling our story. Check the statistics of NDDC projects, and it cannot be said that the commission has done very well. The people believe in government policies. I have confidence in government policies. Make the people believe in you.

Indeed, a back-of-the-envelope check shows without any scintilla of doubts that the commission has made a clear difference in the Niger Delta region by executing more than 10,945 projects since 2001, comprising 4,151 roads and bridges, 2,323 rural electrification projects, 1,723 building projects, and 642 water projects across the nine mandate states. While most of these have been completed, others are still ongoing,” he mentioned.

Ogbuku stayed that the focus of the NDDC in 2024 will be on continuous engagement with various strata of NDDC’s stakeholders, to grasp and understand the needs of the people of the Niger Delta region.

He revealed that the Ogbia-Nembe Road in Bayelsa State, renewable energy projects and other infrastructural projects had been embarked upon in the hinterland of the entire region.

The knock-on effect of the projects remains far-reaching. The projects have, in turn, attracted the presence of micro, small and medium-scale businesses by roadside auto mechanics, vulcanizers, kiosks, petty trading, carpenters, welders, and more. The projects have not only opened up such areas, but they have also conferred higher value on real estate. They are also helping to solve the problem of unemployment,” he maintained.

Also, former President Goodluck Jonathan said the NDDC came as a child of necessity, whose strategic role also included improving the environment, providing infrastructure, and enhancing the livelihood of the people in the region.

With the birth of this current leadership of NDDC, people from the Niger Delta have seen some rays of light. Therefore, I encourage the political class not to overstretch the NDDC for them to be able to perform optimally.

“The political class must not frustrate the Niger Delta Development Commission so that it can optimally perform its duties,” Jonathan remarked at the summit.

Similarly, the President of the Senate, Senator Godswill Akpabio, stated, “To achieve lasting solutions, we must overcome disunity. Unity among the people of the Niger Delta and the entire nation is not just a choice but a necessity. Through our shared vision, we can overcome the obstacles before us.”

PLACE YOUR ADVERT HERE

Popular Related

NECA to train youths in ICT

Mr Adewale-Smatt Oyerinde, the Director General of the Nigeria Employers’ Consultative Association, says Nigerians Employer's Consultative Association are set to train 35 youth through...

SEC to unveil plans for capital market

The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama is set to outline the vision for the Nigerian capital market at...

Builder’s reject N8,000 cement price

Developers in the built industry have turn down the agreement  between the Federal Government and the Cement Manufacturers. It was fix at the meeting that...

Food prices will crash soon, FG declares

The Federal Government officially unveiled that high food prices currently burdening the nation would soon crash based on its commitment to ensure food security...

Lagos mandates tax clearance for housing transactions

The Lagos State Government has mandated that tax clearance will now be an essential document for any housing transactions within the state to prevent...

SEC guidelines made banks’ recapitalisation transparent – DG

Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission, said it's guidelines released by the commission prior to the banking recapitalisation exercise...

Global Money Week: NGX boosts financial literacy among students

The Nigeria Exchange Limited has organized a conference to develop the financial literacy level of students in Lagos to mark the Global Money Week...

Tinubu approve infrastructure devt fund, FG eyes $25bn annually

In line with the Renewed Hope Agenda of President Tinubu's led administration, On Monday, he gave approval for the Infrastructure  Development Fund in order...

Kaftan TV appoints former Ogun State commissioner CEO

The Board of Directors of KAFTAN Television has appointed former Commissioner for Information and Strategy in Ogun State, Abdulwaheed Odusile, as its new Chief...

Cost of cooking jollof rice in Nigeria rises by 13.7%

The average cost of cooking a post of jollof rice for a Nigerian family of five has increased from N10,882 to N12,373, an increase...