The House of Representatives on Wednesday approved N346.388 billion budget for the Niger Delta Development Commission (NDDC) in 2019 financial year ending on May 31, 2020. Out of the amount, the Sum of N22.338 billion is for Personnel Expenditure, the Sum of N13.466 billion only is for overhead Expenditure while the sum of N4.083 bn is for Internal Capital Expenditure. Also, the sum of N306.500 billion is for Development Projects for the Service of the Niger Delta Development Commission(NDDC). The House approved the budget after the consideration of a report by House Committee of Supply chaired the Speaker, Femi Gbajabiamila at the plenary. According to him, “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.”

Source: Nigerian Tribune March 04, 2020 15:22 UTC