NDDC will approve only value-adding projects – Ogbuku

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.”

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

Pension: PIAFRICA 2023 to focus on investments, risk management

The 6th Pension Funds & Alternative Investments Africa 2023 (PIAFRICA2023) conference will cover a variety of pension-related issues, including alternative investments, risk management, legislative...

LASG, FAAN sign MoU on 28km road project

The Federal Airport Authority of Nigeria has signed a Memorandum of Understanding with the Lagos State Government under the Office of Public-Private Partnerships and...

FG says 378MW Imo power plant nears completion

Following the recent increase in electricity tariff, the federal government has assured accelerated completion of the 378.3 megawatts Egbema Power Plant in Imo State,...

Ondo, Enugu, Ekiti can fix electricity tariffs – NERC

According to the Nigerian Electricity Regulatory Commission, Ondo, Ekiti and Enugu States has been approved to come with the suggestion for their electricity tariff. Wakadaily...

Customs Q1 revenue surpasses N1tn, rice tops N10bn seizures

In the first quarter of 2024 , the Nigeria Customs Service, declared on Wednesday that a 122.35 percent increase while comparing it to the...

Don warns palm oil producers against adulteration

At Obafemi Awolowo University, Prof Kehinde Owolarafe, the head Department of Agriculture and Environmental Engineering of lle-Ife Osun State, has warned palm oil producers,...

FX debt: CBN is owning only five banks – Cardoso

Olayemi Cardoso, the Governor of Central Bank of Nigeria, stated that the foreign exchange debts have been sorted  in all other banks except for...

‘Peg customs exchange rate at N1000/$1 to ease hardship – CPPE tells CBN

The Central Bank of Nigeria (CBN) has ordered that the rate used by Nigeria Customs should match the information on the importers' Form M,...

Okomu Oil Palm strengthens security collaboration after hoodlum attack

Following a recent attack on its facilities, Okomu Oil Palm Company Plc has collaborated with relevant authorities to bring the perpetrators to book. This was...

Inflation: Comercio Partners rules out relief from price increases

Despite a slight slowdown in the nation's inflation rate for May, it remains high. Analysts at Comercio Partners, a Lagos-based investment bank, warn that...