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NDDC Presents N1.911 Trillion Budget for 2024: A Shift Towards Sustainable Development in Niger Delta
NDDC Presents N1.911 Trillion Budget for 2024: A Shift Towards Sustainable Development in Niger Delta
By: Our Reporter
The Niger Delta Development Commission (NDDC) has submitted its budget proposal of N1.911 trillion for 2024 to the Senate Committee on the NDDC, emphasizing a theme of “Budget of Renewed Hope” aligned with the Federal Government’s budgetary goals. Dr. Samuel Ogbuku, the Managing Director of NDDC, highlighted the transition from transactional to transformational focus within the budget, involving stakeholders across the Niger Delta Region in a participatory budgeting process.
The 2024 budget is designed to bolster sustainable economic development efforts, with a strong emphasis on fostering a greener future. The total proposed expenditure stands at N1.911 trillion, with revenue projections sourced from various avenues. These include an opening balance of N12 billion, arrears and recoveries from Federal Government Agencies amounting to N170 billion, funds from development/commercial banks totaling N1 trillion, Federal Government statutory transfers of N324 billion, and contributions from the Ecological Fund and oil & gas companies among others.
A key highlight of the budget is the prioritization of investments in critical infrastructure as part of the fiscal strategy for 2024. Recognizing the limitations of the Commission to address all development challenges single-handedly, the management is embracing a Public-Private-Partnership model to drive sustainable development in the Niger Delta Region effectively.
The NDDC’s 2024 budget proposal signifies a strategic shift towards a more sustainable and collaborative approach to development in the Niger Delta. By engaging various stakeholders and leveraging partnerships, the Commission aims to catalyze positive change and address long-standing challenges in the region, paving the way for a brighter future characterized by growth, prosperity, and hope for all its inhabitants.
NDDC Presents N1.911 Trillion Budget for 2024: A Shift Towards Sustainable Development in Niger Delta
Troops Arrest Suspected Gunrunner in Taraba State
By: Zagazola Makama
Troops of Operation Whirl Stroke (OPWS), in collaboration with Defence Intelligence Agency operatives and local vigilantes, have arrested a suspected gunrunner in Ardo-Kola Local Government Area of Taraba State.
Security sources said the arrest was made at about 7:45 a.m. on May 13 during an intelligence-led operation at Iware community in the area.
The suspect was reportedly apprehended following credible intelligence linking him to arms trafficking activities within the Amaseyo general area.
Preliminary interrogation revealed that the suspect was allegedly involved in illegal arms dealing, prompting his immediate arrest by the joint security team.
The suspect is currently in custody and undergoing further investigation, while security agencies say efforts are ongoing to dismantle arms trafficking networks operating within the state and surrounding areas.
Troops Arrest Suspected Gunrunner in Taraba State
Troops Rescue Kidnap Victim During Patrol in Kogi
By: Zagazola Makama
Troops of the Nigerian Army under Operation MESA have rescued a kidnap victim abandoned by suspected terrorists along the Obajana–Jakura–Tajimi axis in Lokoja Local Government Area of Kogi State.
Security sources said the rescue operation was carried out at about 9:00 a.m. on May 13 by troops of 12 Brigade during a fighting patrol along the old Obajana–Jakura–Tajimi road.
According to the report, the troops discovered the victim after suspected kidnappers abandoned him while fleeing from the advancing security personnel.
The rescued victim was subsequently reunited with his family after the operation.
Security patrols and clearance operations have continued along the route and adjoining communities as part of ongoing efforts to combat kidnapping and other criminal activities in the area.
Troops Neutralise Terrorist During Operation Savannah Shield in Niger State
By: Zagazola Makama
Troops of the Nigerian Army under Operation Savannah Shield have neutralised a suspected terrorist during an offensive operation in Borgu Local Government Area of Niger State.
Security sources said the operation was conducted at about 2:45 p.m. on May 13 by troops of 221 Battalion alongside personnel of CSIB XVI deployed at the Forward Operating Base (FOB) Babanna.
The troops reportedly carried out the offensive raid on Masaka Village following intelligence on terrorist activities within the area.
During the operation, the troops made contact with the suspected terrorists, leading to an exchange of fire.
According to the report, one of the fleeing terrorists accidentally triggered an Improvised Explosive Device (IED), which detonated and resulted in his death.
Troops subsequently recovered one magazine loaded with 12 rounds of 7.62mm special ammunition from the scene.
Security forces have continued exploitation and clearance operations in the area aimed at dismantling terrorist hideouts and preventing further attacks within the operational environment.
Troops Neutralise Terrorist During Operation Savannah Shield in Niger State
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Troops Arrest Suspected Gunrunner in Taraba State
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