Features

Contributory Pension Scheme: Time For Review

Published

1 year ago

December 4, 2024

For decades, Nigeria grappled with a pension crisis that left countless retirees in financial insecurity and despair. The unfunded pension system led to delayed payments and inadequate retirement funds, especially for public sector employees. In response, the federal government, under the leadership of former President Olusegun Obasanjo, enacted the Pension Reform Act of 2004, introducing a contributory pension scheme (CPS) designed to overhaul the system and secure a dignified retirement for Nigerian workers.
According to the Pension Reform Act, 2004, Contributory Pension Scheme (CPS) is an arrangement where both the employer and the employee contribute portions of an employee’s monthly emolument towards the payment of the employee’s pension at retirement. The CPS covers employees in the public service of the Federation, Federal Capital Territory, States, Local Governments and private sector organisations with three or more employees.
Only Judicial Officers, members of the Armed Forces, the Intelligence and Secret Services of the Federation; retirees under any pension scheme existing before 30 June 2004; and employees who had three or less years to retire as at June 30, 2004 were exempted from the scheme.
The objectives of the CPS according to Section 2 of the Pension Reform Act, 2004, are to ensure that every retiree of the Nigerian Public Service receives his/her retirement entitlements as and when due; assist an improvident person to save against old age; and ensure a uniform set of rules and regulations on issues relating to the administration and payment of pension to retirees.
According to Section 85 of the Pension Reform Act, 2014, which effectively repealed the 2004 Act, “All contributions made under this Act shall be invested by the Pension Fund Administrators with objectives of safety and maintenance of fair returns on amount invested”.
Analysts and some retirees have questioned the usefulness of this section of the Act when the retirees are kept in the dark about the investments made with their contributions and hardly reap the dividend of the investment. A group of retirees known as Contributory Pensions Retirees Forum, recently described the CPS as a “modern day slavery; an instrument of economic annihilation of workers to death in abject poverty after retirement.”
According to them, the CPS denies retirees of a lump sum of their money after retirement and dispenses a paltry monthly pension to retirees across the board. They narrated the case of a retiree who served the Federal Government from July 15, 1981 and retired on July 15, 2016 on salary grade Level 14, having worked for a mandatory period of 35 years and attained the maximum age of 60 years.
For all the years he put in, the total balance standing to his credit was N6,745,823.34. Out of this, he was paid 25 per cent which amounted to N1,686,455.84 while the balance of 75 per cent was retained by Pension Fund Administrator (PFA) for investment in the capital market and other large institutions. The retiree has been receiving a paltry sum of N26,703.15 monthly since 2016 till date despite the huge profits declared every year from the investment.
“Unfortunately, the sad part of this is that every day prices of goods and services are on the increase. While workers and retirees under the old scheme – Defined Benefit Scheme had their salaries and pension increased across all levels, we in the CPS are abandoned to our fate. We do not get increase”, lamented a retiree.
A public affairs analyst, Bonny Harrison, described such treatment of the retirees, who spend their active years serving the country as unfair and inconsiderate, noting that such attitude will discourage the people still in service from putting in their best. “They may be lured into bribery and corruption, knowing that the country will not cater for them when they retire”, he opined.
Section 7, Sub Section 1, Paragraph (a) of the Pension Reform Act, 2014 provides that unlike the former Defined Benefit Scheme, the CPS is to be jointly funded by both the employer and the employee. Each worker has an individual Retirement Savings Account (RSA) with a Pension Fund Administrator (PFA).
It also made provision for state governments to migrate to the CPS and stipulates that employees contribute eight per cent of their monthly earnings, and employers add 10 per cent, totalling 18 per cent of the employee’s monthly income. The funds are managed under the oversight of the National Pension Commission (PenCom), with the aim of ensuring transparency and accountability.
Two decades down the road, getting the state governments to key into the scheme has been a Herculean task. Reports show that only about five out of the 36 states in the country have fully complied with the CPS Act. Some have not even enacted their CPS laws while some enacted the law without contributing anything to their workers’ RSA. PenCom and Pension fund operators have reportedly made frantic efforts to have them key into the scheme since 2014 but that yielded little or no results.
A recently retired civil servant in Rivers State narrated that the past governments in the states did not key in fully into the scheme. While the eight per cent of the employees’ salary was deducted, the government failed to contribute its own 10 per cent, thereby making retirees from the state ineligible to benefit from the CPS scheme.
The retiree was however glad that the total amount he contributed over the years was paid to him without any deduction and that the State government has put keying into the CPS on hold. He advised that the state government should not be part of the CPS as it is confusing and not favourable to government workers. “Contributory Pensions Scheme cannot work in our states where the governors run the states like their personal businesses. A governor today may decide to contribute and another governor tomorrow may choose not to. What happens to the retirees in such a situation? He queried.
Low compliance in the informal sector has also been noted as one of the challenges of the scheme. The informal sector, which represents over 80 per cent of Nigeria’s workforce, often lacks the structure or financial stability to commit to monthly contributions. Many informal workers are unaware of the benefits of joining the scheme, highlighting a gap in outreach and education.
Analysts have also observed that fluctuations, especially inflation, often erode the value of retirement savings. Although PFAs invest in various assets, ensuring inflation-adjusted returns remains challenging, impacting retirees’ purchasing power, they said.
They therefore, canvassed for a halt of the CPS or reforms and initiatives to make it effective and worth the while. These include:
Expansion of CPS outreach programmes and incentives, such as flexible contribution options to increase informal sector enrollment; improved awareness and education which will drive greater participation among self-employed and informal workers; increasing transparency in fund management and imposing stricter penalties for misconduct so as to improve public confidence; introducing innovative investment options like green bonds and infrastructure development projects to help pension funds achieve better returns.
Others are: a more aggressive investment strategy that offers inflation-protected returns, benefiting retirees in the long term by PenCom in order to mitigate inflation’s effects, and PenCom offering financial education to pensioners so as to help them manage their funds effectively. PenCom should offer financial planning resources, ensuring that retirees fully understand the structure and benefits of the CPS.
Analysts have also argued that for CPS to succeed and live up to its objective of being a cornerstone of economic stability and prosperity, embodying the hope of dignified and secured retirement for all, PenCom must wake up to her duty of ensuring that the retirees are not short-changed by the pension administrators and that non-complaint employers (that fail to make deductions) as stipulated in PRA 2014 are duly punished.

Calista Ezeaku

Features

Omerelu’s Historic Milestone … First Female Professor Rekindles Faith in Education

Published

2 weeks ago

May 13, 2026

The Tide

Quote 1: “Professor Glory Godpower-Echie’s elevation is not only a personal triumph; it is a victory for Omerelu and a shining reminder that education remains the most enduring pathway to greatness.”

Quote 2: “In an era when many youths are tempted by shortcuts to success, her story affirms that diligence, discipline, and learning still open doors that no quick fix can unlock.”

The ancient community of Omerelu in Ikwerre Local Government Area of Rivers State has entered a defining chapter in its long and storied history with the emergence of its first female professor, Professor Glory Godpower-Echie, a distinguished scholar in Science Education. What may appear, on the surface, as a personal academic milestone has quickly transformed into a powerful social narrative one that is reshaping how the people of Omerelu, and indeed the wider Ikwerre ethnic nationality, perceive education, gender achievement, and the possibilities embedded in disciplined pursuit of knowledge. Across the community, the announcement of her elevation to professorial rank has been received with deep celebration, pride, and reflection. Elders, youths, traditional leaders, women groups, and religious bodies have all described the development as historic—an intellectual breakthrough that places Omerelu on a new pedestal of recognition.

For a community steeped in tradition and cultural pride, Professor Godpower-Echie’s achievement is being interpreted as a bridge between heritage and modern excellence; a demonstration that tradition and education can coexist productively in shaping a progressive society. At the heart of the celebrations stands the Omerelu traditional institution, whose response has been both emotional and symbolic. The Nye Nwe Ala Omerelu, His Royal Highness Eze (Engr.) Ben O. Ugo, JP, Elumoha VIII, described the development as a “collective victory for the entire kingdom,” stressing that it reflects the values upon which Omerelu has long been built. Quoting a familiar biblical principle, the monarch declared: “When the righteous bear rule, the people rejoice.” According to him, the emergence of Professor Godpower-Echie is not accidental but the outcome of a value system that rewards diligence, discipline, and integrity.

He noted that in a time when societal pressures are eroding patience and discouraging long-term investment in education, her story serves as a moral compass for younger generations. “This is a moment of pride for Omerelu,” the monarch said in essence. “It shows that our land still produces excellence, and that commitment to learning still yields honourable outcomes.”His words were echoed across community gatherings, where residents described the professor’s elevation as a validation of years of quiet sacrifice, academic discipline, and intellectual perseverance. Observers say the timing of this achievement is particularly significant. Nigeria today faces a growing tension between traditional education and the rising appeal of fast wealth, digital shortcuts, and informal economic pathways.

In many communities, especially among young people, frustration with unemployment has led to a troubling narrative that formal education is no longer valuable but within Omerelu, Professor Godpower-Echie’s rise is challenging that perception in a profound way. Her journey stands as a reminder that while economic realities may shift perceptions, education remains one of the most stable and transformative tools for upward mobility. Educational analysts within Rivers State have noted that the symbolism of her achievement cannot be overstated. In their view, she represents the enduring truth that intellectual discipline still matters in national development. Her specialization in Science Education is particularly relevant in a country struggling to strengthen its capacity in science, technology, engineering, and innovation.

Scholars in this field are critical in shaping future inventors, researchers, and problem-solvers who can address Nigeria’s developmental challenges. While detailed public records of her academic journey remain within institutional circles, colleagues and associates consistently describe Professor Godpower-Echie as a deeply committed scholar whose career has been defined by consistency, resilience, and a passion for knowledge dissemination. She is widely regarded as a teacher of teachers—an academic whose influence extends beyond the classroom into mentorship and curriculum development. Students who have passed through her tutelage describe her as firm yet inspiring, disciplined yet approachable, and deeply invested in intellectual growth.In academic circles, her work is associated with innovation in science pedagogy, critical thinking development, and capacity building for future educators.

Her elevation to professorial rank, therefore, is being interpreted not merely as a reward for years of service, but as recognition of sustained contribution to knowledge production and human capital development. Perhaps one of the most compelling dimensions of her emergence is its gender significance. As the first female professor from Omerelu, Professor Godpower-Echie has broken a long-standing academic ceiling, becoming a symbol of possibility for young girls in the community. In many parts of Nigeria, gender imbalance in higher education and leadership remains a persistent challenge. Her achievement therefore carries a message that transcends Omerelu—it speaks to the broader struggle for inclusion and equal opportunity. Women groups within the community have described her success as a landmark victory for female empowerment, insisting that it proves that gender is not a limitation to intellectual excellence.

Young girls across Omerelu are already being encouraged to see her as a role model, with many community voices stressing that her story will likely inspire a new wave of female academic ambition.The role of traditional leadership in shaping this narrative has also come under positive spotlight. Residents have commended the leadership of Eze Ben O. Ugo, whose reign is widely associated with unity, stability, and gradual socio-cultural advancement. Many believe that the peaceful environment fostered under his leadership has contributed indirectly to the emergence of outstanding sons and daughters of the land. Community elders argue that traditional institutions remain vital partners in education advocacy, especially in rural and semi-urban communities where cultural authority still plays a strong role in shaping youth behaviour.

In Omerelu, this synergy between tradition and education is increasingly being viewed as a model for sustainable community development. Education stakeholders have seized on the development to renew advocacy for stronger investment in Nigeria’s education system. They argue that while individual success stories are inspiring, systemic support is needed to ensure that many more young people can follow similar paths. Calls have been made for scholarship schemes, improved learning infrastructure, teacher development programmes, and stronger partnerships between government, private sector, and traditional institutions. There is also growing emphasis on mentorship, with stakeholders insisting that exposure to role models like Professor Godpower-Echie can significantly shape youth aspirations. Within Omerelu, the celebration of this milestone has taken on a reflective tone.

For many residents, the professor’s elevation is not the end of a journey but the beginning of a broader awakening—one that repositions education as a central pillar of community identity. Youth leaders have been encouraged to channel their energy toward productive learning and skill acquisition, while parents are being reminded that encouragement at home remains critical to academic success. Religious leaders have also joined in the discourse, emphasizing patience, diligence, and moral discipline as essential virtues for meaningful achievement. Across these perspectives, a common thread emerges: success is still best built through learning, perseverance, and integrity. As celebrations continue, Professor Glory Godpower-Echie has become more than an academic figure. She has become a symbol—of resilience, of possibility, and of what disciplined education can produce even in challenging times.

Her story is now being told not just as a personal achievement but as a collective inspiration for a community seeking renewed direction in a rapidly changing world. In the words of many residents, Omerelu is not merely celebrating a professor; it is celebrating the reaffirmation of its belief in knowledge as the true foundation of progress. Meanwhile, academic and community voices continue to acknowledge the inspirational role of Professor Blessing C. Didia in advancing intellectual development and strengthening the culture of learning within the community. As the echoes of celebration gradually settle, one truth remains firmly etched in the consciousness of Omerelu: education still transforms lives, uplifts communities, and writes history that endures across generations.

King Onunwor

Features

25 Years After: NDDC Celebrates Milestones Of Impactful Development

Published

11 months ago

July 18, 2025

The Tide

It has been 25 years of impactful development of the Niger Delta region, facilitated by theNiger Delta Development Commission. NDDC. Without doubt, it has been a remarkable journey, marked by significant milestones and daunting challenges.
For the past week, the NDDC has been celebrating its achievements, beginning with a thanksgiving service in Akure, Ondo State, on July 6, drawing stakeholders and Niger Deltans to express gratitude to God for the Commission’s journey so far.
Taking off on the wings of the Oil Minerals Development Commission, OMPADEC, in 2000, the NDDC has grown into a symbol of federal presence in the oil-rich Niger Delta region.
The celebration moved from spiritual reflection and thanksgiving to strategic communication, with a World Press Conference held in Asaba, Delta State, on Monday, the 7th of July. There, members of the Fourth Estate across all media gathered in what was perhaps the most extensive media engagement of its kind. The NDDC Managing Director and Chief Executive Officer, Dr. Samuel Ogbuku, reaffirmed the Commission’s commitment to its motto of “making a difference.”
Dr. Ogbuku stated, “The President gave us a matching order during our inauguration to positively turn things around in the Niger Delta region.” That presidential directive, he noted, continues to guide the Board and Management as they pursue legacy projects across the region.
From electricity restoration in Ondo to road linkages in Bayelsa and Akwa Ibom, the NDDC’s impact was showcased in clear, tangible terms. “We commissioned the 45-km double-circuit 33KV feeder line from Omotosho Power Station to Okitipupa in Ondo State,” Dr. Ogbuku recalled, “bringing electricity back to 25 local governments after 15 years in darkness.” This was just one of several landmark interventions highlighted during the press briefing, underscoring the Commission’s renewed vigour under the current leadership.
The Managing Director spoke candidly about the setbacks caused by years of instability in leadership. “Frequent changes in management and boards have slowed our progress,” he admitted. “But today, we are targeting legacy projects. Our mandate is to complete those critical projects.” He emphasised that the Commission had transitioned from a transactional mindset to one of transformation, including the digitisation of procurement processes to ensure transparency and accountability.
Other top executives echoed similar sentiments. The Chairman of the Governing Board, Mr. Chiedu Ebie, stressed the importance of collaboration, particularly with the media, whom he described as “critical stakeholders” in advancing development. Alabo Boma Iyaye, the Executive Director of Finance and Administration, noted that the celebrations would run until Saturday, July 12, culminating in a gala night and plenary session in Port Harcourt.
Perhaps, the most significant message from the silver jubilee celebration is the renewed hope that the Niger Delta can finally experience holistic and sustainable development.
According to Ogbuku, “Through the initiative of the Board and Management, we have restructured the administrative architecture of the Commission to its 13 statutory Directorates, introduced robust Corporate Governance protocols… This formalised a value- driven institutional culture anchored on ethics and performance.”
As the weeklong celebrations continue across different states in the region, the NDDC appears determined not just to celebrate its past but to chart a bold course for the future.
The people of the Niger Delta are watching, hopeful that the next 25 years will be defined not by promises, but by lasting progress that transforms lives and communities, truly making a difference.
The celebration also featured a movie premiere titled “Making a Difference”, which traced the Commission’s journey and told stories of transformation in communities once plagued by underdevelopment. For many observers, the film served as both an emotional tribute and a powerful reminder of the NDDC’s role in shaping the destiny of the region.
The Governing Board and management of the NDDC have again proven to Nigerians, particularly the people of the oil-bearing Niger Delta region, that history does matter. They have also shown clearly that extraordinary personalities can upturn calculations and permutations. The above assertion was evidenced by the torrents of praises, accolades, and commendations poured on the Commission and its management and board by critical stakeholders during its week-long 25th anniversary celebration.
Beginning with Ondo State, one of the NDDC mandate states, Ondo Governor, Lucky Aiyedatiwa, hailed the management of the NDDC for the peace and development currently prevailing in the Niger Delta region. He said the Commission, under the current management and board, has succeeded in bridging developmental gaps in the region, noting that NDDC’s emphasis on partnerships and collaboration aimed at driving sustainable development across the Niger Delta has ushered in unprecedented progress.
Aiyedatiwa, who spoke at the Thanksgiving Service of the NDDC held at St Thomas’s Anglican Church, Akure, the Ondo State capital, stressed that the commission has undoubtedly lived up to its established mandate, commending the Board and Management for their exemplary leadership and commitment.
The Governor hailed the commission’s commitment and dedication to project conception, implementation, and completion, noting that the NDDC has established a culture of delivery and the region would no longer witness abandonment of projects as was the case in the past.
He said, “As we celebrate the Silver Jubilee of the NDDC, we must acknowledge the progress we have made and also recognise that there is still much work to be done as the Niger Delta region continues to face significant development challenges and we must work together to address these issues. “I urge the NDDC to continue to improve on its activities, ensuring that projects are tailored to the needs of the communities we serve. Let us work together to unlock the potential of our region, promote economic growth and enhance the lives of our people. We are partners in progress, unity and development.”
From Ondo State to Asaba, the Delta State capital, it was the same rain of praises. The Asaba monarch, the Asagba of Asaba, Obi Epiphany Azinge, on his part, was full of praises for the NDDC for its achievements in the past 25 years.
Obi Azinge spoke when Ebie led a delegation of the Commission’s Board and Management to pay a courtesy visit to him in his palace in Asaba, the Delta State capital. The Royal Father commended the NDDC for its intervention in several sectors across the Niger Delta region.
He expressed delight with the foreign postgraduate scholarship programme, which had helped many youths from the Niger Delta upgrade their knowledge.
He also acknowledged the contributions of the NDDC Chairman, whom he said had served the Delta State Government in different capacities. He noted that Ebie served meritoriously as Delta State Commissioner for Basic and Secondary Education and later, Secretary to the State Government. The monarch thanked the NDDC for selecting Asaba as the venue for some of the activities marking its 25th anniversary, such as a press conference and the movie premiere.
Earlier, the NDDC Board Chairman congratulated Asagba on his ascension to the throne of his forefathers, saying he was eminently qualified for the position. Ebie expressed optimism that the Asagba’s reign would bring good tidings to Asaba, which serves as both a Kingdom and the capital of Delta State.
He stated that the NDDC had come of age and was now a big brother to the new development agencies in Nigeria’s geo-political zones. Ebie disclosed that as part of the silver jubilee celebration, the Commission was going around the nine States of the Niger Delta.
The NDDC Chief Executive Officer pledged that the NDDC’s commitment to adhering strictly to the President’s directive to the Commission to complete all ongoing projects in the region, including roads, bridges, schools, and healthcare facilities. He disclosed that the Commission was engaging all stakeholders to ensure harmony and cooperation in the task of developing the hitherto neglected Niger Delta region.
He noted that, ”It is not only by our efforts; it is the collaborative efforts from all the stakeholders who believe the time has come when there should be stability in the NDDC and that stability is a challenge to us to ensure that we deliver development to the people of the Niger Delta region.”

Ifeatu Agbu

Agbu wrote in from Port Harcourt.

Features

Between EFCC And NDDC: Strategic Alliance For Niger Delta

Published

11 months ago

June 27, 2025

The Tide

The mandate of the Niger Delta Development Commission, NDDC, is to facilitate the rapid and sustainable development of the Niger Delta region, while that of the Economic and Financial Crimes Commission, EFCC, is to investigates financial crimes and put corrupt practices in check.
Given their different roles, the idea of an alliance between the two organisations may seem far-fetched. However, with the NDDC Managing Director, Dr Samuel Ogbuku, and the EFCC Executive Chairman, Mr. Olanikpekun Olukoyede, it is not just an idea; it is a reality.
The unique collaboration between the NDDC and the EFCC has given rise to the Renewed Hope Multi-Purpose Training Centre, unveiled on Tuesday at Otuokpoti Community in Ogbia Local Government Area, Bayelsa State.
According to the NDDC Managing Director, the vast training complex was executed with funds recovered on behalf of the Commission by the EFCC.
Ogbuku explained that the Bayelsa training centre was funded through the money recovered by the EFCC and executed under a signed performance bond, ensuring transparency and impact. He noted that the facility represented one of several such centres being constructed in Delta and Rivers States. He said: “We have similar facilities currently under construction in Odi, Bayelsa State, while the ones in Delta State are being built in Patani and Ozorro and another two in Rivers State.”
He observed that the Multi-Purpose Training Centre, which was completed in record time, was a partnership between the EFCC and the NDDC, as the anti-crime agency had recovered the funds that facilitated the project’s execution.
Ogbuku observed that the facility, which could accommodate 1,000 persons, represented a significant step toward empowering local communities through skills development and inclusive growth.
The training centre’s components, which include a school, hospital, cafeteria, police post, and recreational centre, are all designed to support training, healthcare, and emergency accommodation within a single integrated complex.
Speaking at the inauguration ceremony, the EFCC Chairman assured the NDDC of the release of more recovered funds in the coming weeks.
Olukoyede described the NDDC as a “renewed and transformed government agency.” He assured that the EFCC would do everything to recover all outstanding statutory contributions due to the NDDC from oil companies.
He noted: “We have made several recoveries on behalf of the NDDC, and we will not relent in this direction. We are encouraged by the fact that the NDDC is making the Renewed Hope Agenda of the Federal Government a reality in the Niger Delta region.”
Olukoyede commended the NDDC for its institutional and policy reforms, declaring that the people of the Niger Delta will have every reason to celebrate the current leadership of the Commission. He described the NDDC as a beacon of good governance under President Bola Ahmed Tinubu.
He noted: “The Niger Delta is the goose that lays the golden egg and should not be denied the benefits of that golden egg. On our part at the EFCC, we must do everything within our power to ensure that the three per cent statutory contribution due to the NDDC is recovered and handed over to the Commission. We are going to continue supporting you.”
He said further: “Under this President, NDDC is working; good governance is being delivered. It is my delight to be part of this transformational agenda. The Renewed Hope Agenda is no longer a slogan—it is a reality. For the first time, people are identifying with what NDDC is doing.”
Olukoyede commended the NDDC, saying the Commission has refined its processes to uphold the principles of probity. This aligns with the agency’s head’s emphasis on upholding transparency and accountability in the country’s affairs.
The Chairman of the anti-crime agency confessed that his perspective on the NDDC was turned around in 2024, when the NDDC management, led by Ogbuku, paid him a courtesy visit at the EFCC’s headquarters in Abuja.
Olukoyede stated that he was impressed by the Commission’s “Rewind to Rebirth” initiative.
He declared: “The five minutes of interaction with the MD left me with a different perception of NDDC. Maybe, we will begin to see an NDDC that is a symbol of pride, accountability, transparency and able to deliver on its mandate.
“From his presentation, you can see that he is ready to bring a change, and that is the exact thing that we stand for in EFCC.”
Assuring that the EFCC would continue to assist the NDDC to achieve its mandate, he said: “We have been working with you to make recoveries; we will continue to do more.
“The collaboration is something we need to take to the next level, and with what you have put on the table I think we are ready to work with you to strengthen your systems and processes and to take the NDDC to the next level.”
In his remarks, the Minister of Niger Delta Development, Engr. Abubakar Momoh, praised the NDDC Board and Management for their unity of purpose and commitment to service delivery, stating that the level of harmony and stability within the Commission is unprecedented.
He declared: “What we are witnessing here today has never happened in the history of the NDDC. Since I assumed office as Minister, I have not been called upon to settle any crisis within the Commission. This is a testament to the teamwork between the Board and Management.”
Also speaking, the Chairman of the NDDC Governing Board, Mr. Chiedu Ebie, emphasised the human capital development focus of the two projects commissioned, noting that reforming the NDDC is an ongoing but rewarding process.
He stated: “We are moving from transaction to transformation. We are doing our best to improve not just the reputation of the NDDC, but everything that concerns the Commission. Today is about promoting and celebrating human capacity.”
Without a doubt, the Niger Delta region is confronted with ecological and environmental challenges that should, perforce, attract significant funds from the Federal Government and the oil companies operating in the region.
Sadly, this has not been so, thus limiting the capacity of the NDDC to fulfill its mandate of driving the development process and transforming the Niger Delta region into one that is “economically prosperous, socially stable, ecologically regenerative and politically peaceful.”
It is rather unfortunate that, despite the spirited efforts by successive boards and managements of the NDDC to meet the expectations of the people, their efforts have not been matched with commensurate funding.
The issue of inadequate funding is resurfacing again. Indeed, it is an inconvenient truth that will remain on the front burner until it is fully addressed.
That explains why the NDDC Managing Director highlighted the issue during interactive sessions that the Commission’s Board and Management held with the relevant Committees of the National Assembly in Abuja last year.
Ogbuku told the House of Representatives Committee on NDDC, chaired by Hon. Ibori-Suenu Erhiatake, that the Commission is owed over N2 trillion, arising from withheld funds and underpayments by both the government and the oil companies. He blamed this on non-compliance with the Act establishing the Commission.
Given the enormous impact of their activities on the environment, the oil companies are expected to be at the forefront in the critical task of urgently developing the oil basin that has suffered so much neglect in the past. It is, in fact, in their interest to develop the communities where they operate to guarantee peace, which is very necessary for them to continue with their work.
Thankfully, both the Senate and the House of Representatives promised to assist the NDDC in recovering its outstanding funds. In their various interactions with the NDDC leadership, the lawmakers expressed concern about the disregard for existing laws governing the Commission’s funding.
The Chairman of the Senate Committee on NDDC, Senator Asuquo Ekpenyong, expressed displeasure over the disregard for the law by the International Oil Companies (IOCs) and promised to call them to order.
The Senate Committee Chairman stated that proper funding would help NDDC to adequately address the sustainable development of the Niger Delta region, noting that the challenge of developing the region was enormous and that all relevant contributors to the NDDC must play their roles diligently.
Senator Ekpenyong said that in discharging its oversight functions, his committee will ensure that every contributor to NDDC pays what they owe the Commission, “because we cannot afford to toy with the development of that very important region. We owe it to the country to make sure that we improve the living conditions of the people of the region.”
It is reassuring to note that both chambers of the National Assembly are concerned about the pressing funding challenges facing the NDDC and are taking steps to address the situation.
The lawmakers understand that we have a responsibility to adequately fuel the vehicle chosen to drive the development process in the Niger Delta region.
In 2023, the House of Representatives unveiled plans to investigate the activities of International Oil Companies (IOCs) operating in the Niger Delta region, as well as the recovery of over $4 billion allegedly owed to the NDDC.
The resolution was passed sequel to the adoption of a motion sponsored by Hon. Donald Kimikanboh Ojogo, who frowned at the flagrant breach of the NDDC Act, 2000, which was established in response to heightened agitations and violent yearnings for special intervention in the oil-producing states.
He said: “The House is aware that the indebtedness of the IOCs to the NDDC had culminated in the drive by the Economic and Financial Crimes Commission (EFCC) to commence the debt recovery process.