MANAGING Director, Niger Delta
Development Commission, NDDC, Nsima Ekere, is blaming poor governance for the
inability to make substantial impact in the region with $40 billion expended in
the region within a space of 10 years.
Speaking in Onne, Eleme Local
Government Area of Rivers state, Ekere said the Niger Delta master plan which
was released as a guide for the development of the region needed about $50
billion within a space of 15 years to develop the region, stressing that
unfortunately nothing substantial was on ground to reflect the $40 billion that
had accrued to the region within 10 years.
He said weak organizational
structure, procedures and processes were among things that limited the
implementation of the NDDC mandate.
According to him, NDDC needs to find
ways to free funds for urgent development projects and programmes, even as it
also recovers excess bank charges and reschedule payment of outstanding
statutory contributions of the Federal Government.
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