BREAKING: Niger Delta Stakeholders Seek Active NDDC Advisory Committee - AZNews

BREAKING: Niger Delta Stakeholders Seek Active NDDC Advisory Committee

Niger Delta stakeholders have stressed the urgent need to re-activate the Niger Delta De­velopment Commission (NDDC) Advisory Committee as provided for in its Establishment Act, to ad­vise and monitor the activities of the Commission. This was part of the resolu­tions contained in a communi­que issued at the end of the Niger Delta Stakeholders’ Summit 2024, which took place at the Obi Wali International Conference Centre in Port Harcourt, Rivers State.....KINDLY READ THE FULL STORY HERE▶

The summit, which brought together stakeholders to deliber­ate on issues affecting the region and its development, with a view to further transform it, agreed that all funds due and outstand­ing to the NDDC from statutory sources (including the Federal Government and ecological fund) be vigorously pursued and recovered.

The stakeholders, according to a statement signed by the com­mission’s Director, Corporate Af­fairs, Seledi Thompson-Wakama, on Saturday, underscored the importance of increased syner­gy between the NDDC and the Advisory Committee to achieve more efficiency and activate all organs provided for in the Act.

The stakeholders addressed the issue of development agen­cies working at cross purposes and resolved that measures must be taken “to avoid duplication of projects and efforts in the region by ensuring robust consultation between the NDDC and the nine member states in project imple­mentation.”

The summit affirmed: “There is urgent need to remove the NDDC from the TSA Policy, as it limits the Commission from ful­ly achieving its interventionist mandate. That the Federal Gov­ernment should strictly adhere to the tenure provisions of the NDDC Act and avoid the inces­sant dissolution of Boards of the Commission and the aberrant issue of Interim Managements to run the affairs of the Commis­sion.

“Also, the Commission should be insulated from Political inter­ference which puts undue pres­sure on the leadership of the Commission.”

It also agreed “that additional sources of funding for the NDDC such as at least 3 percent of VAT revenue should be legislated.”

The stakeholders resolved that funding the implementa­tion of the regional development strategy should be done through three sources: Traditional budget sources; Public Private Partner­ships; Development Finance.

To support the funding plans, they agreed that the initiation of the Niger Delta Development Bank, NDDB, to drive the mobil­isation of development finance from local and global sources should be given priority. “Loans should be given to SMEs within the region to drive economic and industrial growth.”

The communique stated: “There is urgent need to com­plete the East-West Road which was awarded nearly twenty years ago, to ease transportation across the region.

It further called for a thorough consideration of the NDDC (Es­tablishment) Act, with a view to initiating amendments of the Act, where necessary.

On the issue of preparing a new roadmap for development, the stakeholders resolved that “proper planning is crucial to any development and therefore the review of the Niger Delta Re­gional Development Masterplan, appropriate data gathering was essential to any realistic develop­ment plan. There must be quanti­tative and qualitative input from key stakeholders in preparing or reviewing the Masterplan.”

The communique called for a regular convocation of stakehold­er engagements.

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