{"id":124712,"date":"2025-12-30T20:16:30","date_gmt":"2025-12-30T19:16:30","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=124712"},"modified":"2025-12-30T20:16:30","modified_gmt":"2025-12-30T19:16:30","slug":"reps-vow-rigorous-scrutiny-of-nddcs-n1-75trn-2025-budget","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/reps-vow-rigorous-scrutiny-of-nddcs-n1-75trn-2025-budget\/","title":{"rendered":"Reps Vow Rigorous Scrutiny of NDDC\u2019s N1.75trn 2025 Budget"},"content":{"rendered":"<div id=\"m#msg-f:1852961693951789003\" class=\"mail-message expanded\">\n<div id=\"m#msg-f:1852961693951789003-header\" class=\"mail-message-header spacer\" style=\"text-align: justify;\">By Tracy Moses<\/div>\n<div id=\"m#msg-f:1852961693951789003-content\" class=\"mail-message-content collapsible zoom-normal mail-show-images \">\n<div class=\"clear\">\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The House of Representatives has drawn a clear line on the 2025 budget of the Niger Delta Development Commission (NDDC), vowing that the proposed N1.75 trillion allocation will be subjected to rigorous scrutiny to ensure accountability, value for money, and tangible development outcomes for communities in the Niger Delta.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The Chairman of the House Committee on NDDC, Hon. Erhiatake Ibori-Suenu, stated this on Tuesday during the budget defence session of the Commission at the National Assembly Complex, Abuja.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">According to the lawmaker, every item in the 2025 budget must be purposeful, people-centred, and aligned with the Federal Government\u2019s Renewed Hope Agenda, noting that the NDDC budget remains the primary instrument through which the Federal Government delivers development to the Niger Delta region.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Welcoming members of the Committee, the management of the Commission, and representatives of the media, the lawmaker said the expectations of Niger Delta communities must be reflected in the budget.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThe importance of the NDDC budget cannot be over-emphasised. For the people of the Niger Delta, this budget represents hope, opportunity, and the promise of a better quality of life,\u201d she said.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He explained that the Committee\u2019s role goes beyond the mere approval of figures, stressing that lawmakers would thoroughly interrogate the proposal to ensure that allocations translate into measurable outcomes in infrastructure development, human capacity building, youth empowerment, and economic inclusion.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Ibori-Suenu added that while the House Committee would continue to support the Commission, it would insist on accountability, transparency, and value for money in the execution of projects and programmes.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cThe 2025 NDDC Budget must clearly address longstanding developmental gaps, promote sustainable growth, and ensure that no community is left behind,\u201d she said, while wishing participants a prosperous New Year.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Earlier, the Managing Director and Chief Executive Officer of the NDDC, Dr. Samuel Ogbuku, presented the Commission\u2019s 2025 budget estimates, which he described as a \u201cBudget of Consolidation\u201d designed to strengthen the foundation for sustainable economic growth in the Niger Delta.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Ogbuku expressed appreciation to President Bola Ahmed Tinubu for the opportunity to serve, as well as to the Supervising Minister of Regional Development, Engr. Abubakar Momoh, and the National Assembly for their continued support.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He said the current management had deliberately shifted the Commission from a transactional to a transformational development approach, with interventions spanning youth training, entrepreneurship support, infrastructure development, and economic empowerment.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Providing an overview of the 2024 budget performance, the Managing Director disclosed that an aggregate revenue of N1.911 trillion was projected to fund the 2024 \u201cBudget of Renewed Hope,\u201d comprising N76.77 billion for overhead costs and N1.820 trillion for capital expenditure.<\/div>\n<div style=\"text-align: justify;\">\u201cAs of October 31, 2025, the Commission\u2019s actual revenue stood at N1.945 trillion, exceeding the projected target, largely due to the extension of the 2024 budget implementation period to December 31, 2025,\u201d he explained.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">For 2025, Ogbuku said the Commission is proposing a total budget of N1.75 trillion, representing a nine per cent reduction from the 2024 figure, driven by a no-borrowing fiscal approach.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He disclosed that personnel costs for 2025 are estimated at N47.5 billion, while overhead costs are projected at N96.4 billion, adding that the management would sustain reforms aimed at cost efficiency and performance-based spending.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">On capital expenditure, the NDDC boss said the Commission would prioritise critical infrastructure and adopt Public-Private Partnership (PPP) models to drive sustainable development across the region.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cWe have moved away from line-item budgeting to sectoral allocation of funds to encourage efficiency, project continuity, and contractor confidence,\u201d Ogbuku said, adding that only activities tied to measurable programmes would receive approval.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">He assured lawmakers of the Commission\u2019s commitment to deepening collaboration with the 10th National Assembly to deliver inclusive growth and improve the welfare of Niger Delta communities.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\u201cIt is with great pleasure that I lay before this Committee the 2025 Budget Proposals of the Niger Delta Development Commission,\u201d he concluded.<\/div>\n<div id=\"m_-5864523460632381053ymail_android_signature\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Tracy Moses The House of Representatives has drawn a clear line on the 2025 budget of the Niger Delta Development Commission (NDDC), vowing that the proposed N1.75 trillion allocation&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":101221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-124712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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