The House of Representatives has asked management of the Niger Delta Development Commission (NDDC) to offset existing liabilities through the implementation of its 2019 budget.
This came Tuesday, when the NDDC Interim management led by its Acting Managing Director presented the Commission’s 2019 budget before the House Committee on NDDC.
Chairman of the Committee, Olubunmi Tuni-Ojo, lamented that, the Committee has failed to implement its 2019 budget due to widespread infractions and untoward practices by its former management.
He agreed that though it was no fault of the new management, but the House is concerned with the rot in the Commission which has deprived the people of Niger Delta of the needed development.
He said as part of the measures to implement the recommendations made by the committee on the NDDC 2019 budget, the Commission must present the list of all contractors being owed.
In her presentation, ,the Acting NDDC MD, Mrs Osato Iyasere Arenyeka, disclosed that, N346,513,046,220 was proposed by the NDDC as 2019 budget based on assumption of improved revenue inflow.
She however disclosed that as at December 2018, the aggregate revenue inflow was N291.47 billion.