Business

NDDC MD Addresses Senateâ€™s Concerns Over Budgets, Seeks Public Support

Posted by: Quickresponse | May 10, 2023

The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has cleared the air over the Senateâ€™s probe of its budgets for 2021 and 2022.
In a statement of clarification, the NDDC Managing Director urged the public to avoid jumping to conclusions based on the Senateâ€™s decision and assured them of the NDDCâ€™s commitment to transparency and accountability.
He said the NDDC respects the oversight function of the Senate and is ready to cooperate with the investigation committee. He also appealed to the general public to refrain from making hasty judgments based on Senateâ€™s decision.
In the statement, Dr. Ogbuku clarified that the Senate had not accused the Board and Management of the NDDC of corruption or misappropriation of N1.4trn. He said the Senate only thinks the funds were expended without approval or appropriation by the National Assembly. He said this misunderstanding could be quickly resolved by providing the requisite documents and explanations.
"The NDDC wishes to clarify that the Senate has not accused the Board and Management of the NDDC of corruption or misappropriation of N1.4trn. The Senate only opines that the funds were expended without approval or appropriation by the National Assembly. This is a misunderstanding that can be easily resolved by providing the necessary documents and explanations," he said.
He also explained that the delays in submitting the budgets and audited accounts of the NDDC to the National Assembly were due to factors beyond its control, such as bureaucratic bottlenecks and frequent leadership changes. He said the NDDC had taken measures to address these issues and ensure timely compliance with all statutory requirements.
"The NDDC also wishes to explain that the delays in submitting its budgets and audited accounts to the National Assembly were due to factors beyond its control, such as bureaucratic bottlenecks, and frequent leadership changes. The NDDC has taken measures to address these issues and ensure timely compliance with all statutory requirements," he said.
He assured all stakeholders of the NDDC's dedication to the development of the Niger Delta region and the welfare of its people. He said the NDDC had delivered thousands of projects across the nine states of the region since its establishment in 2000.
He urged the Senate and the general public to support the NDDC in its mandate of facilitating the rapid, even, and sustainable development of the Niger Delta into a region that is economically prosperous, socially stable, ecologically regenerative, and politically peaceful.
"The NDDC appeals to the general public to refrain from making hasty judgments based on Senateâ€™s decision. The NDDC assures all stakeholders of its dedication to the development of the Niger Delta region and the welfare of its people," he said.