AUDIO HERE

2020 budget: Senate approves N453.2bn for NDDC

***N’Assembly will continue to engage Executive to constitute NDDC board – Lawan 
The Senate on Monday approved the sum of N453.2 billion as annual budget to the Niger Delta Development Commission (NDDC) for the 2020 fiscal year.
This was just as the upper chamber approved a recommendation by the Senate and House of Representatives Committee on Niger Delta for an extension of the budget implementation timeline to 31st March 2021.
The approval followed consideration of a report by the Committee on Niger Delta.
Chairman of the Committee, Senator Peter Nwaoboshi (PDP – Delta North), in his presentation, said out of the total sum approved, N27,389,000,000 is for Personnel Costs; N13,937,244,107 for Overhead Expenditure; N2,793,755,893 for Internal Capital Expenditure; and N409,080,000,000 for Development Projects.
On revenue projection of the Commission, the lawmaker said the Committee adopted N63,506,151,945 as reflected in the Appropriations Act, 2020.
He added that the sum of N100 billion naira reflected as unpaid arrears by the Federal Government was not considered as part of the Commission’s revenue projection by the Committee because the amount was not approved in the 2020 Appropriations Act by the National Assembly.
Nwaoboshi stated further that against the backdrop of projection by the NDDC on revenue inflow from oil companies/NLNG and others, the Committee adopted the submission of the Commission on Personnel Expenditure of N27,389,000,000; N13,937,244,107 as Overhead Expenditure; N2,793,755,893 Internal Capital; and N409,080,000,000 for Development Projects.
President of the Senate, Ahmad Lawan, in his remarks charged the Niger Delta  Committee to ensure the proper utilization of funds by the Commission through strict oversight.
“I want to emphasize here that our Committee on Niger Delta should sit-up and ensure that these funds are properly utilized.
“The Committee has done a good job in the past, and I’m sure it will continue with that,” the Senate President said.
Rising, Senator Seriake Dickson (PDP – Bayelsa West) sought the permission of the Senate President for a motion to be considered to prevail on President Muhammadu Buhari to immediately constitute the board of the NDDC.
“What I am rising to propose, Mr. President, that this Senate at this point, having now agreed to pass the budget, can we take a motion to the effect that the President be called upon to constitute the board in accordance with the Act without further delay; and that this budget be passed for the sake and development of the well-being and welfare of the people,” he said.
Responding, Senator Lawan noted that the concerns raised by the lawmaker in his suggestion were as valid and potent as a motion considered on the floor, adding that the National Assembly would continue to engage the Executive on the need to immediately constitute the Governing Board of the Nigerian Delta Development Commission.
“I think you have made the point. Even without a motion, you have stated this, and it is recorded. And, I have stated this, too.
“We have been engaging with the Executive arm of government that the nominations into the Governing Board should be made. We have been making that point and will continue to push until it is made.
“I think we are getting there, so even if we don’t take any motion, I’m sure the explanations you have given will go a long way.
“I don’t think the Sole Administrator should be there for any long period of time, but it is for us to ensure that between now and when that administrator goes, the funds appropriated are properly utilized.”

Monday, 21 December 2020

Categories: Uncategorized

12 Comments

web hosting there · August 28, 2021 at 4:56 pm

Just want to say your article is as amazing. The clearness for your post is just great
and i could assume you are knowledgeable on this subject.
Well together with your permission allow me to seize your
RSS feed to stay up to date with forthcoming post. Thank you a million and
please continue the enjoyable work.

j.mp · August 29, 2021 at 8:21 pm

excellent publish, very informative. I wonder why the opposite experts of this sector
do not notice this. You should continue your writing. I am sure, you’ve
a huge readers’ base already!

http://bit.ly/ · August 31, 2021 at 10:21 am

Hey there! I’ve been following your site for a long time now
and finally got the bravery to go ahead and give you
a shout out from Porter Tx! Just wanted to tell you keep up the excellent job!

scoliosis surgery are · September 1, 2021 at 9:55 am

This is really interesting, You are a very skilled blogger.
I have joined your rss feed and look forward to seeking
more of your excellent post. Also, I have shared your web site in my social networks!

asmr are · September 1, 2021 at 7:19 pm

Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest
twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience
with something like this. Please let me know if you run into anything.
I truly enjoy reading your blog and I look forward to your
new updates.

bitly.com · September 2, 2021 at 1:43 pm

Fastidious response in return of this difficulty with firm arguments and describing everything concerning that.

app.gumroad.com · September 11, 2021 at 12:27 pm

Everything is very open with a precise description of the issues.
It was truly informative. Your site is very useful. Thank you for sharing!
asmr https://app.gumroad.com/asmr2021/p/best-asmr-online asmr

bitly.com · September 11, 2021 at 5:53 pm

Thanks for finally writing about > 2020 budget: Senate
approves N453.2bn for NDDC – Legislative Vibes < Loved it! quest bars http://j.mp/3C2tkMR quest bars

iherb.com · September 12, 2021 at 2:31 pm

Today, I went to the beach with my kids. I found a sea shell and gave it to my
4 year old daughter and said “You can hear the ocean if you put this to your ear.” She
put the shell to her ear and screamed. There
was a hermit crab inside and it pinched her ear. She never wants to
go back! LoL I know this is completely off topic but I had to tell someone!

quest bars https://www.iherb.com/search?kw=quest%20bars quest bars

j.mp · September 12, 2021 at 10:21 pm

Stunning quest there. What happened after? Take care! scoliosis surgery
https://0401mm.tumblr.com/ scoliosis surgery

http://bit.ly · September 13, 2021 at 12:28 am

Thanks in support of sharing such a nice thought, post is nice,
thats why i have read it fully cheap flights http://1704milesapart.tumblr.com/ cheap flights

http://coub.com/ · September 13, 2021 at 7:45 pm

I simply couldn’t go away your website prior to suggesting
that I really loved the usual info an individual provide on your guests?
Is going to be again regularly to inspect new posts
scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery

Leave a Reply

Avatar placeholder

Your email address will not be published. Required fields are marked *