Niger Delta
N850bn NDDC Funding Deficit Hampers Dev
The Niger Delta Develop
ment Commission (NDDC) has expressed concern that the N850billion Federal Government’s funding deficit was slowing down the impact of the commission on the people of the region.
Disclosing this in a welcome address at the official inauguration of the Rivers State Office of the commission on Olu Obasanjo Road in Port Harcourt, yesterday, the Director, NDDC, Rivers State Office, Benson Udo-Asubop, said that the Federal Government’s inability to release the backlog of funding deficits was responsible for the poor performance of the commission in certain developmental indices, and called for urgent action to remedy the situation.
The commission also regretted that it has yet to receive any money from the Ecological Fund while irregular payments by oil companies and other contributors have negatively affected the operations of the development agency.
While promising to pay contractors its debt of N450 billion, the commission noted that the payment would depend on the quick response of government and other financial contributors to its coffers.
Acting Managing Director of the commission, Ibim Semenitari, the inauguration of the edifice was a testimony to what the people of the region can achieve if they work together in unity, saying that the feat would enable to commission exit rented apartments for staff and save huge resources expended on rents.
Semenitari noted that the project, which commenced in May 2014 following the demolition of the old structure in March of the same year, contains four floors with a total area of 2.755m2 provided for office accommodation and a basement floor of 670m2 for archiving and parking.
The acting managing director explained that the first to third floors provide offices for directors, deputy directors, assistant directors, managers and other staff, including provisions for state representative and state director, adding that 120 staff already have office accommodation within the complex.
Noting that CCTV cameras have been installed at strategic locations within and outside the building to capture all activities around the vicinity, Semenitari said that all necessary national building requirements were met and modern facilities provided for such huge edifice.
She added that the complex includes a large reception, conference hall for 250 persons, staff canteen, sick bay, and offices for drivers, all on the ground floor.
Also speaking, the Rivers State Governor, Chief Nyesom Wike charged the management of the commission to work closely with the government to meet the yawning needs of the people of the state, especially the youth.
Represented by Special Adviser on NNDC Affairs, Barrister Aribitonye Okiri, the governor stated that the state government does not play politics with the development of the state, and has done everything within available resources to meet the needs of the people of the state.
According to him, “we believe that collectively, we have a duty to create wealth in order to reduce poverty and bring good life to the people of Rivers State,” just as he further challenged NDDC to seek collaboration with the state government in efforts to improve the livelihoods of the people of the state.
He insisted that NDDC must brace up and do the needful by ensuring that it provides employment opportunities for Rivers people on grade level 1-6, saying that such action would help reduce unemployment burden, ensure peace and reduce poverty while also toning down crime rate in the state.
Meanwhile, the commission has said that the multi-billion naira Ogbia-Nembe Road in Bayelsa State will be inaugurated later this month to drive development in that part of the region.
The commission also confirmed that for the first time, the quarterly report of NDDC has been forwarded to the Presidency as provided for in the extant law establishing the development agency.
Among other issues, the commission further pointed out that it now hold regular management meetings while processes for the award of contracts and payment of contractors have become transparent.
Susan Serekara-Nwikhana
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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