NDDC Vows To Cancel N200bn Projects

The Niger Delta Development Commission (NDDC) will expunge N200billion worth of projects from its books to reduce its project-carrying capacity to a manageable size.
Chairman of NDDC Governing Board, Senator Victor Ndoma-Egba, stated this in Yenagoa, the capital of Bayelsa State at the weekend.
He spoke when he led a team of the commission’s board and management on a courtesy visit to Governor Seriake Dickson in Government House, Yenagoa.
Ndoma-Egba, who lamented that the commission had too many projects in its books, said: “In the next couple of days, the NDDC will cancel about N200billion projects from our books.
“We need to reduce the projects we are handling to a manageable number that will make more impact.
“We are forging a new relationship with stakeholders in the region,” he said.
He added: “The new spirit of cooperation entails our not competing with the states and local governments.
“To deepen this new relationship, we have written to the President to re-activate the Advisory Committee and the Project Monitoring Committee.
“We need these two committees to be able to share our visions for the region and avoid duplication. We need the project Monitoring Committee to enable us earn the trust of our partners.”
The commission also disclosed that it had so far completed 233 projects in Bayelsa State valued at N38.8billion.
Other members of the NDDC delegation were the Managing Director, Nsima Ekere; the Executive Director, Projects, Samuel Adjogbe, the Bayelsa State representative on the NDDC board, Prof. Nelson Brambaifa, and other directors of the commission.
Ndoma-Egba further pledged that the commission would complete the 25.7km Ogbia-Nembe Road being executed in conjunction with the Shell Petroleum Development Commission (SPDC) before the end of the year.
“We must finish and commission the Ogbia-Nembe Road. It is a commitment we must fulfill this year,” he said.