National Telescope national telescope newspaper
The Managing Director, Niger Delta Development Commission (NDDC), Mr. Sam Ogbuku has revealed that the Federal Government owed remittances of over N2 trillion.
He stated this during his address when he appeared before the House of Representatives Committee on NDDC, chaired by Ibori-Suenu Erhiatake.
He said, “I want to raise an important issue. When we talk about funding, the NDDC Act says the monthly allocation from the federal government is 15 percent of the allocation of nine states in the Niger Delta. But I can assure you that since the inception of the NDDC, it has not gotten that.
“The Federal Government only budgets what it wants to give to NDDC for that year, and they give it that year. If you look at the 15 percent, we are not getting it. Even with the removal of fuel subsidies and the increment in state allocation, NDDC is still where it is. So, these are issues we want you to help us resolve, and we have done our calculation that, from 2000 till date, we can say we are being owed over two trillion naira from what is supposed to be due, NDDC.”
