The House of Representatives has approved N346.388 billion budget for the Niger Delta Development Commission (NDDC) for the financial year ending 31 December, 2020.
Of the sum, N22.338 billion is for Personnel cost, l N13.466 billion is for overhead Expenditure while the N4.083 billion is for Internal Capital Expenditure.
Also, the sum of N306.500bn was approved for development projects for the Service of the Niger Delta Development Commission (NDDC).
Earlier, while presenting the report, chairman of House Committee on NDDC, Hon. Olubunmi Tunji-Ojo urged the House to consider the report of the committee and approve the budget, as his panel did good scrutiny on it.
Addressing newsmen later, Tunji-Ojo said that with the approval of the budget by the parliament, things would start taking shape in the Niger Delta region
He assured that the committee under his watch through oversight would give the commission close mark in ensuring judicious disbursement and utilisation of the funds.
“NDDC, has witnessed many setbacks, the region is suffering despite billions of naira budgeted for its development. Now that the commission has a budget to work with, the narration is going to change for good. It is no longer going to be business as usual,” he said.
