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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
News
Nine injured in farmers–herders clash in Nasarawa
Nine injured in farmers–herders clash in Nasarawa
By: Zagazola Makama
No fewer than nine persons were injured on Monday following a clash between farmers and herders in Loko community, Nasarawa State.
Zagazola report that the incident occurred at about noon on Dec. 15 in Bakono village, Loko area, after a dispute over alleged damage to farmland.
The source said the farmland involved belonged to one Bako Usman.
According to the source, the clash resulted in injuries to five farmers and four herders.
Security forces stormed the scene to restore order, while the injured persons were rushed to the General Hospital, Loko, where they were admitted and are responding to treatment.
Sources said that a stakeholders’ meeting had been convened in the community to prevent further escalation of the crisis.
According to the sources, confidence-building patrols are ongoing, the situation is being closely monitored and the area remains relatively calm.
Nine injured in farmers–herders clash in Nasarawa
News
Soldier killed as troops clash with suspected militia in Taraba
Soldier killed as troops clash with suspected militia in Taraba
By: Zagazola Makama
A soldier has been killed, while two others are missing following an attack on troops escorting farmers in Takum Local Government Area of Taraba State.
Zagazola gathered that the incident occurred on Monday during a security operation in a bush area of Takum, which has been prone to clashes involving militia elements.
The source said soldiers from a special forces unit along with police, NSCDC were deployed to provide security for Tiv farmers harvesting their farm produce when they were attacked by hoodlums suspected to be local militia in Taraba state.
According to the source, one soldiers was killed during the attack.
The source further disclosed that following the incident, soldiers cordoned off the venue of the Miyetti Allah executives’ election at the FGR Samsokwa Hall, in Takum, and arrested male executives of the association present at the venue. Though it was yet to establish if they were involved in the attack.
Another sources pointed accusing finger at the Taraba state special adviser on security allegedly to be behind the Militia. Though, Zagazola cannot independently verify the claim.
Meanwhile, security forces have arrested a group of suspected armed bandits in Ifelodun Local Government Area of Kwara State. The suspects were caught with AK-47 rifles during an operation carried out on Friday.
After their arrest, the suspects were taken into custody. In a video that later surfaced online, the men were seen lying face down with their hands tied while security operatives questioned them about where they got the weapons.
One of the suspects alleged that some officials of the Kwara State government gave them both the vehicle and the rifles. He claimed they had been operating in the area under the cover of patrol duties.
According to him, the weapons did not belong to them personally. He said their leader collected the rifles and that they often went on patrol together with some individuals he mentioned by name. He insisted that the guns belonged to those officials.
Soldier killed as troops clash with suspected militia in Taraba
News
Gunmen abduct five workers at construction site in Kwara
Gunmen abduct five workers at construction site in Kwara
By: Zagazola Makama
Gunmen suspected to be bandits have abducted five workers at a construction site along the Sabaja/Owa-Onire Road in Kwara State.
Zagazola report that the incident was reported at about 4:30 p.m. on Monday by Alhaji Suleiman Abdullah Olanrewaju, manager of Fix Contracting Engineering Company.
The source said Olanrewaju reported that the abduction occurred earlier in the day at about 11:40 a.m. while the workers were on site when the gunmen attacked and whisked them away.
Those abducted were identified as Engr. Ademola Afolabi, Engr. Umar Lade, Fatai and Akin, both labourers, as well as a driver identified as Yusuf.
According to the source, the complainant said he had earlier reported the incident to the military before notifying the police.
Upon receipt of the report, the Divisional Police Officer (DPO) in Oreke mobilised a team of police operatives who linked up with the military and local vigilantes to comb the surrounding bushes in a bid to rescue the victims and arrest the perpetrators.
Investigation into the incident is ongoing, while security agencies said further developments would be communicated.
End
Gunmen abduct five workers at construction site in Kwara
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