Wednesday 21 February 2018

Reps approve N364b NDDC budget

ABUJA—THE House of Representatives, yesterday, considered and approved the budget of the Niger Delta Development Commission, NDDC.
House of Representatives
The budget is N364.5 billion. Of the amount, N17.797 billion is for personnel cost, while N12.459 billion is for overhead.
Similarly, the sum of N4.402 billion is for internal capital expenditure while N329.85 billion is for developmental projects.
The consideration of the budget followed a motion by Mr Nicholas Mutu.
Drawn from a first line charge, the budget is for the period ending May 31, 2018.
2016: Senate reduces Buhari's NDDC budget by N18.5b THE Senate has reduced the N260,064, 000,000.0 0 2016 budget for the Niger Delta Developm ent Commissio n, NDDC submitted by President Muhamma du Buhari.
2016: Senate reduces Buhari's NDDC budget by N18.5b
THE Senate has reduced the N260,064,000,000.00 2016 budget for the Niger Delta Development Commission, NDDC submitted by President Muhammadu Buhari.
June 23, 2016
Senate reduces NDDC's budget by N19bn
June 24, 2016
NDDC, oil firms trade blames over 3% budget remittance STARTLING revelations emerged, yesterday, on how oil firms operating in the Niger Delta region had over the years, failed to remit mandatory three percent from their annual budget to the Niger Delta Developm ent Commissio n, NDDC.
NDDC, oil firms trade blames over 3% budget remittan ce
STARTLING revelations emerged, yesterday, on how oil firms operating in the Niger Delta region had over the years, failed to remit mandatory three percent from their annual budget to the Niger Delta Development Commission, NDDC.
April 8, 2016

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