Politics

Senate passes N876 bn NDDC 2023 budget

Senate

…. approves N451m for aides of 12 NDDC board members
…as Buhari seeks confirmation of 3 Board members

By Haruna Salami

The Senate Tuesday passed N876 billion 2023 budget for the Niger Delta Development Commission (NDDC).

Out of the approved appropriated sum, N451million was approved as provisions for aides of 12 Board members of the commission.

In addition to the the provision for aides to 12 Board members of the commission, the sum of N576 million was earmarked for the running of the Office of the Chairman of the Commission, Mrs. Laurreta Onochie.

Breakdown of allocation for the office of the Chairman showed that the personnel cost will gulp – N156 million, overhead – N312 million and Internal capital – N108 million.

For the Managing Director’s Office , N546.597million was earmarked for personnel cost , N747.500 million for overhead cost, N163.504 million for Internal Capital.

Others are Executive Director Finance & Administration Office: Personnel cost N133.337bmillion , Overhead cost N457.465 million and N163.504million for Internal capital.

The Corporate Affairs Department of the Commission also got N1.061billion from the votes, out of which N431.076 million is for personnel cost, N845.566 million for overhead and N63.081 million for Internal Audit.

The entire budget of the Commission has personnel expenditure gulping N34.2 billion, overhead expenditure N17 billion, Internal Capital expenditure will gulp N3.7 billion, development projects will gulp N490 billion and Federal Government Intervention in the Niger Delta – N330 billion.

The revenue sources to finance the budget are Revenue brought forward – N5 billion, Federal government contribution – N119 billion, Federal government contribution (unpaid areas) – N430 Billion, Oil companies contributions – N297 billion, Ecological funds – N20 billion and other Internally realized income – N500 million.

Senator Bulus Amos in his capacity as Vice Chairman, Senate Committee on Niger Delta Affairs presented the report for consideration and approval of the NDDC budget by the upper chamber.

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In his remarks after passage of the budget, Senate President, Ahmed Lawan said the exercise was very expedient in order not to let the people of the region suffer from further delays.

Meanwhile, President Muhammadu Buhari on Tuesday sought confirmation of appointment of three additional members for the governing board of the Niger Delta Development Commission (NDDC).

In an Executive Communication read at plenary by the Senate President, Ahmad Lawan, the President requested that the three persons be confirmed as members of NDDC governing board in accordance with the provision of Section 2(2)(a) of the NDDC (Establishment) Act,Cap N86, LFN, 2004.

The nominees are; Bernard Okumagba from Delta State, Patrick Aisowieren from Edo State and Kyrian Chidiebere Uchegbu from Imo State.

The request was subsequently forwarded to the Senate Committee on Niger Delta Affairs to screen the nominees and report back at plenary within a week.

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Ihesiulo Grace

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