Friday 21st July, 2017
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Reps to probe NDDC use of statutory allocation

Reps to probe NDDC use of statutory allocation

The House of Rep­resentatives has resolved to set up an Ad-Hoc Committee to probe the utilisation of funds appropriated for the Niger Delta De­velopment Commission (NDDC) from 2010 to date.
The committee is to ascertain all outstanding sums due to the NDDC and the utilisation of the funds, the agency has so far received from 2010 to date.
The committee is ex­pected to submit its re­port within four weeks for further legislative actions.
The House also urged the federal government to ensure proper fund­ing of the interventionist agency in line with the Act establishing it.
This followed the unanimous adoption of a motion by Hon Kingsley Chinda on the need to investigate the statutory funding of the NDDC.
Leading the debate on the motion, Chinda said that there has been serious concern over the funding of the NDDC and the management of funds that accrues to the agency.
The lawmaker ex­plained that Section 14 of the NDDC Act stipu­lates that the agency shall be funded from the equivalent of fifteen per­cent of the total monthly statutory allocations due to member states of the commission from the Federation Account, as the contribution of the federal government.
He added that the agency shall also derive its fund from three per cent of the total annual budget of oil-producing companies operating in the region and 50 per cent of monies due to member states of the Commission from the ecological fund.
He said the inabil­ity of the government to comply strictly with the funding arrangement has undermined the effi­cient performance of the NDDC.

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