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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 rescue three abducted victims, recover ammunition in Borno
By: Zagazola Makama
Troops of Operation Hadin Kai have rescued three abducted civilians and recovered ammunition during an operation in Bama Local Government Area of Borno State.
Security sources said the operation was carried out at about 10:00 a.m. on March 30 by troops of 202 Battalion in collaboration with volunteer forces at BOCOBS.
According to the sources, the troops responded to credible intelligence indicating that suspected members of the Islamic State West Africa Province and Boko Haram had abducted three locals in the area.
The sources said the troops made contact with the insurgents and successfully rescued all three victims during the operation.
Items recovered from the scene include one AK-47 rifle magazine loaded with 30 rounds of 7.62mm special ammunition.
The sources added that the rescued victims are safe, while troops have continued to dominate the general area to prevent further incidents.
They said the operation is part of sustained efforts to protect civilians and dismantle terrorist activities across the North-East theatre.
Troops rescue three abducted victims, recover ammunition in Borno
Troops repel terrorist attack in Yobe
By: Zagazola Makama
Troops of Operation Hadin Kai have repelled an attack by suspected members of the Islamic State West Africa Province and Boko Haram on a Forward Operating Base in Yunusari Local Government Area of Yobe State.
Security sources said the incident occurred at about 10:05 p.m. on March 30 at Forward Operating Base Bukarti.
According to the sources, the terrorists launched an attack on the troops’ position, prompting a fierce engagement during which the troops successfully repelled the assailants.
During the encounter, one soldier sustained injuries and has since been stabilised and is responding to treatment.
The sources added that the attackers carted away a gun truck mounted with a QJC gun, a Civilian Joint Task Force vehicle, two motorcycles, a PKT machine gun and a Baofeng radio.
They said troops have continued to maintain operational presence in the area, while efforts are ongoing to recover the stolen equipment and further degrade the capabilities of the insurgents.
Troops repel terrorist attack in Yobe
CJTF member accidentally shot by colleague in Borno
By: Zagazola Makama
A member of the Civilian Joint Task Force (CJTF) has been injured in an accidental shooting incident in Biu Local Government Area of Borno State.
Security sources said the incident occurred at about 3:50 a.m. on March 31 at the location of 162 Amphibious Battalion in Mandara-Girau.
According to the sources, the CJTF member was on duty when he was mistakenly shot in the left leg by a colleague.
The victim was immediately evacuated to the battalion’s medical facility, where he is currently receiving treatment.
Sources said the injured personnel are responding to treatment, while further details surrounding the incident are being awaited.
CJTF member accidentally shot by colleague in Borno
Troops arrest two suspected terrorist collaborators in Pulka
Troops rescue three abducted victims, recover ammunition in Borno
Troops repel terrorist attack in Yobe
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