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NDDC Allocates N1.9 Trillion 2024 Budget to Legacy Projects

info@dailymailngr.com by info@dailymailngr.com
November 18, 2024
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The Niger Delta Development Commission (NDDC) has announced plans to allocate its N1.911 trillion 2024 budget to the completion of 1,006 legacy projects across the nine states of the Niger Delta region.

In a statement released over the weekend, the NDDC credited its developmental strides in the region as the reason behind the National Assembly’s approval of its 2024 budget.

According to Seledi Thomson-Wakama, the commission’s Director of Corporate Affairs, the leadership’s approach to collaboration and sustainable development has started delivering tangible results, including the completion of five key legacy projects.

“These landmark projects, among the 92 infrastructure projects completed at the cost of N84 billion across the nine mandate states of the NDDC, speak of the impact the Commission is making in the quest to quicken the pace of development in Nigeria’s oil-rich region,” the statement read.

The commission emphasized that the 2024 budget, themed “Budget of Renewed Hope”, aligns with the Federal Government’s national budget and is designed to transition the NDDC from transactional operations to transformative development. The budget proposal was described as the outcome of a participatory process involving all major stakeholders in the Niger Delta.

“The 2024 budget plan to raise N1 trillion from development and commercial banks to complete 1,006 legacy projects across the region is pragmatic. It should be encouraged to succeed because it targets specific projects, including roads, bridges, electricity projects, school buildings, hospitals, shore protection, and reclamation,” the commission stated.

Some of the major projects highlighted in the 2024 budget include:

Obehie-Azumini-Etim Ekpo Road, linking Abia and Akwa Ibom states, valued at N39.8 billion.

Iko-Atabrikang-Akat-Opolom-Ikot Iwang-Okot Utip-Iwuo Achang Road, with a 70-meter span bridge, valued at N18.9 billion.

Power Station for Oron, featuring a 58km, 123Kv double circuit transmission line from Eket to Oron in Akwa Ibom, at N48.1 billion.

Otuogori-Otuegwe Bridge in Bayelsa State’s Ogbia Local Government Area, valued at N29 billion.

Ogheye-Koko-Escravos Road, Phase II in Delta State, at N26 billion.

Uzere-Patani Road in Delta State, at N17 billion.

Okpella-North Ihie-Agerebode Road, Phase II in Edo State, at N31.9 billion.

Ugbo-Oghoye Road, Phase I, in Ilaje Local Government Area of Ondo State, at N70 billion.

Ahoada-Abua-Degema Road and Bridges, in Rivers State, at N27 billion.

The NDDC reaffirmed its commitment to accelerating infrastructure development and improving living conditions in the oil-rich Niger Delta region.

Tags: NDDC
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