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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 Kidnap Victim in Edo During Search Operation
By: Zagazola Makama
Troops of Operation MESA, in collaboration with the Nigeria Police, local vigilantes and hunters, have rescued a kidnapped civilian in Esan North-East Local Government Area of Edo State.
Security sources said the troops, deployed at Forward Operating Base (FOB) Udomi, responded to credible intelligence at about 9:00 a.m. on April 21 regarding the abduction of a civilian in the Amendokhian general area.
The troops immediately launched a search-and-rescue operation and successfully secured the release of the victim.
The victim has since been reunited with family members, while efforts are ongoing to track down and apprehend the perpetrators.
Troops Rescue Kidnap Victim in Edo During Search Operation
Troops Rescue Kidnap Victim in Benue
By: Zagazola Makama
Troops of Sector 1, Operation WHIRL STROKE (OPWS), have rescued a kidnapped victim following a swift response to a suspected terrorist attack in Katsina-Ala Local Government Area of Benue State.
Security sources disclosed that the troops, deployed at Abaji, acted on a report at about 1:45 p.m. on April 21 regarding an attack at Tumataa community.
On arrival, the troops engaged the suspected terrorists in a gun duel, forcing them to abandon the victim and flee the scene.
The victim was successfully rescued and has since been reunited with family members.
The sources added that troops are sustaining operations in the area to track down the fleeing suspects and prevent further attacks.
Troops Rescue Kidnap Victim in Benue
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
By: Zagazola Makama
Troops have arrested two suspected illegal arms manufacturers during a raid on a criminal hideout in Langtang North Local Government Area of Plateau State.
Security sources disclosed that the operation was carried out at about 5:00 p.m. on April 22 at Gwandanu Village, following credible intelligence on illicit arms production in the area.
According to the sources, the suspects were apprehended while actively engaged in the fabrication of weapons.
Items recovered during the operation include two AK-47 rifles, one G3 rifle, two generating sets, a welding machine, a drilling machine, a hand filer and a toolbox, among other items.
The suspects are currently in military custody pending further investigation.
The sources added that troops have intensified efforts to mop up illegally fabricated arms in the general area as part of ongoing operations to curb criminal activities and enhance security in the state.
Troops Arrest Illegal Arms Manufacturers, Recover Weapons in Plateau
Troops Repel Multiple Terrorist Attacks, Rescue 15 Kidnap Victims in Borno
Troops Rescue Kidnap Victim in Edo During Search Operation
Troops Rescue Kidnap Victim in Benue
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