Connect with us

Business

Towards Repositioning NDDC For Greater Impact

Published

on

At the early stage of
his first tenure in office, President Olusegun Obasanjo, in his wisdom, established the Niger Delta Development Commission (NDDC) as an interventionist strategy to address the gross underdevelopment in the oil-rich Niger Delta region.
At the inauguration of the agency,Obasanjo noted that the aim was to ensure a principled, co-ordinated and focused approach to addressing the peculiarities of the region.
He said, “since the inception of our administration in 1999, we have consistently acknowledged the critical essence of the Niger Delta region to the economic well being of Nigeria, and commitedly striven to address the visible underdevelopment and neglect of the past in the region “.
About fifteen years after its establishment, can one say that NDDC has made such impact expected by those who initiated it? Can the approaches adopted be ascribed to as principled, coordinated and focused? And in general assessment has NDDC met its mandate?
While the agency can be said to have embarked on some meaningful projects across the Nine NDDC states, there have been avalanche of protests by people of the region who felt that the commission has not meaningfully met its obligations.
Some analysts believe that most projects executed were substandard, others think that most cannot be equated to the amount of fund tagged to them.
Yet others believe that while contractors have collected mobilization fund, they did below 25% per cent and abandoned the jobs hence resulting in thousands of uncompleted projects which today dot the nooks and crannies of the region.
One of the analysts, Mr Bon Obilor blamed the high incidents of project abandonment on political interference.
He said, “those appointed in the NDDC board were there to serve their political god-fathers. Most of the contracts are inflated such that kickbacks go back to their bosses above and even  some of the contracts were ways of settling political supporters.
“So what you find is a situation where interest shifts from the real people for whom NDDC is set up to attend to them in terms of human and infrastructural development”.
The analysts who is an economic expert from the university of Port Harcourt believes that there is need to probe the activities of the contractors and deal with those who have defrauded the system.
The issue of contract abandoned in such agencies established to address Niger Delta region development precedes NDDC.
The Oil Minerals Producing Areas Development Commission (OMPADEC) which transformed to NDDC was a victim of huge contract abandonment. The then Managing Director, Chief Albert Horsefall, in his good intention had awarded huge contracts to mainly sons of the region, but ironically some of  these contractors collected the contract funds and disappeared.
As a result, instead of developing the region the funds sank into the pockets of few fair weather contractors. The relics of OMPADEC was inherited by NDDC and instead of improving on that, the commission appear to have gone back to the old sore ways of defunct OMPADEC.
Apart from the negative impact of bad contractors to the interventionist agency, the activities of those appointed to oversee the well-being of the agency has become another concern.
Just like Prof. Eric Opia, a former managing Director of OMPADEC who disappeared into the thin air with the commission’s millions of naira, a one time Managing Director of NDDC, Amb. Sam Edem, was caught up in fraudulent practices and capped it up with voodoo expedition.
Edem went as far as paying native doctors whom he hired to protect his position in the commission with millions of naira, and later burnt tens of millions and used the ashes in preparing charm.
There are several allegations that some members of the board also used phony companies to sign out contracts and later destroyed documents that could lead investigators to trace their fraudulent activities while some such companies do not even exist in the records of the Corporate Affairs Commission (CAC).
The challenges frustrating NDDC from actualising the aim of its establishment are so many and the caliber of persons and institutions involved are beyond the imagination of the average Nigerians.
Most states LGAs and corporate organizations have failed to pay their own obligations of the counterpart funding of the agency while on its own part, the Federal Government which is the major financier is known to have held back billions due the agency.
The inability and unwillingness of these organizations and government to live upto their financial obligations to NDDC constitute largely to the failure of the agency towards effecting development to the impoverished people of the region.
In a recent meeting between the Senate committee on NDDC and the present management of the commission, the chairman of the committee, Senator Peter Nwaoboshi frowned at the huge debt owed the commission.
He said proper funding of the commission was critical to its mandate of addressing sustainable development in the region.
Nwaoboshi said, the challenge of developing the region is enormous and that all relevant contributors to the NDDC must play their roles diligently, promising that, as part of its oversight function, the committee will do all within its reach, including amending necessary laws where necessary, to ensure full compliance by agencies statutorily obligated to contribute funds to the commission.
The Acting Managing Director even shocked the world when she revealed that NDDC was yet to receive contributions from the Ecological Fund since its inception in 2001.
If since 2001 when established NDDC had not received any contribution from Ecological fund, the Federal Government had withheld hundreds of billions of naira budgeted to it while states, LGAs and oil firms are not willing to pay counterparts fund, how do you expect NDDC to effectively meet its mandate?
The decision by the Buhari-led Federal administration to reposition NDDC is indeed a welcome development. Only a diligent probe exercise of past activities of contractors and officials who have diverted funds and resources meant to intervene in developing the region to themselves can reposition the commission.
From what is filtering into the air, the wave of the probe appear to be causing some ripples in high places as a past official of the commission is said to had been arrested for attempting to bribe the Economic and Financial Crimes Commission (EFCC).
The said official was said to had enticed an official of the EFCC with the sum of N150,000.00 to buy recharge card for his phone. You can imagine how much such an official might have used in recharging his own phones and those of people close to him for past years. You can clearly see how they abandoned the interest of the people, mandate of the commission for frivolities.
For the repositioning of the new NDDC to succeed, there is every need for the new leadership of the commission to shun the shameful priorities of the likes of Prof Eric Opia and Amb. Sam Edem who sacrificed the public trust on them for other things that lack anything but honour.
The Acting Managing Director, Mrs Semenatari, as a woman, should take advantage of the failures of men on NDDC throne to make the difference and prove to the world that what men could not do, she is able to do. Not only the womenfolk who hunger for such situation but the impoverished natives of the region who had been disregarded would hold her in high esteem.
The repositioning should consider the constitution of those in the board and begin to include community-oriented persons as respected traditional rulers because as long as politicians control the board the mandate of the commission will continue to derail. NDDC should be seen as an agency meant to redress a lot of grudges and grievances caused by neglect by oil exploratory and producing companies.
The new NDDC must be one in which the Federal Government should be in the lead in terms of payment of counterpart funding instead of withholding hundreds of billions meant for the agency. It is only by so doing that the Federal Government can have the moral justification to enforce things in the commission. In like manner, the states, Local Government Areas and oil and gas companies must prove that they are responsible entities and pay up to the last kobo, what they owe NDDC.
The picture of the first oil well head Oloibiri must attract the attention and sympathy of the new NDDC leadership. It must transform to a museum of pride instead of its desolate posture that depicts that of a hopeless orphan, for there marks the beginning of our journey in oil production.

 

Chris Oluoh

Continue Reading

Business

Boat Mishap Kills Pastor, Wife And Church Members  In Brass Water

Published

on

A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways
The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and  members of his church were in a programme.
?
?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet  to be recovered
as search party are still ongoing.
Although the real cause of the boat Mishap is not yet known as at the time of this report,  our Correspondent gathered  that the identities of the Pastor, wife and church members were not disclosed to the public.
The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit
The Bayelsa State government and the state police command are yet to issue official statement’s  on the sad accident
By: CHINEDU WOSU
Continue Reading

Business

Rivers Workers Seek Scrapping Of Contributory Pension Scheme

Published

on

The Rivers State Council of  Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.
Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt,  recently.
Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.
He noted that  the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.
According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.
He also  informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.
“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.
Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.
The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.
He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.
Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.
The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.
He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.
Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.
By: King Onunwor
Continue Reading

Business

FG Begins South-West Tour To Promote New Cooperative Bank

Published

on

The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
 Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted  the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
Continue Reading

Trending