{"id":47113,"date":"2016-03-02T22:21:21","date_gmt":"2016-03-02T21:21:21","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=47113"},"modified":"2016-03-02T22:21:21","modified_gmt":"2016-03-02T21:21:21","slug":"wont-let-contractors-run-nddc-funds-senate","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/wont-let-contractors-run-nddc-funds-senate\/","title":{"rendered":"We won\u2019t let contractors run with NDDC funds &#8211; Senate"},"content":{"rendered":"<p>The Senate Committee on the Niger Delta has warned contractors executing<\/p>\n<p>projects for the Niger Delta Development Commission, NDDC, to be prepared<br \/>\nto work or refund the money paid to them.<\/p>\n<p>The chairman of the committee, Senator Peter Nwaoboshi, gave the marching<br \/>\norders on Wednesday during a courtesy visit of members of his committee to<br \/>\nthe NDDC headquarters in Port Harcourt.<\/p>\n<p>He said that those who have run away with money meant for the development<br \/>\nof the Niger Delta would be held accountable, adding that the Senate<br \/>\nCommittee was determined to help the NDDC recover all funds due to it<br \/>\nstatutorily. \u201cIn discharging its oversight functions, my committee will<br \/>\nensure that every contributor to NDDC pays what they owe the commission,<br \/>\nbecause we cannot afford to toy with the development of that very<br \/>\nimportant region,\u201d he said.<\/p>\n<p>\u201cIt\u2019s important that NDDC gets all that is due it from the Ecological<br \/>\nFund, for instance,\u201d he said, pledging to do all that was necessary to<br \/>\nresolve the impasse over the non-payment by gas processing companies to<br \/>\nthe NDDC fund.<\/p>\n<p>Senator Nwaoboshi said that his committee had obtained the Supreme Court<br \/>\nruling which the Nigeria LNG Limited was relying upon to renege on its<br \/>\nfunding obligations to the NDDC. The case was not decided on merit and we<br \/>\nhave, therefore, advised the commission to follow up on the legal issues.<\/p>\n<p>The committee chairman said that even the budget of the oil companies,<br \/>\nwhich the NDDC could not get before now, had been obtained by the<br \/>\ncommittee. \u201cWe have obtained all their budgets from the year 2000. That<br \/>\nwill enable the NDDC to appropriately calculate its own 3 per cent share<br \/>\nof the budget and correctly determine whether they have been paying the<br \/>\ncorrect percentage or shortchanging the commission,\u201d he said.<\/p>\n<p>Senator Peter Nwaoboshi said the committee was in Rivers State to carry<br \/>\nout a holistic investigation into the activities of the NDDC from its<br \/>\ninception to date. He stated that the committee would also address<br \/>\ncritical issues relating to the budget of the NDDC, which would soon be<br \/>\npresented to the Senate.<\/p>\n<p>Earlier in his remarks, the Acting Managing Director of the NDDC, Mrs.<br \/>\nIbim Semenitari said that the commission had received just over N500<br \/>\nbillion since inception, while it was being owed N800 billion. \u201cThat is<br \/>\nwhy we need the strong voice of members of the Senate to tell our story,\u201d<br \/>\nshe said.<\/p>\n<p>\u201cWe have good stories to tell like the Ogbia-Nembe Road, in Bayelsa State,<br \/>\nwhich the commission is executing with Shell Petroleum Development<br \/>\nCompany, SPDC, the orthopaedic and cardiovascular hospitals in the 9<br \/>\nstates and the proto-type hostels for universities and polytechnics.\u201d<\/p>\n<p>The Senate Committee also paid a courtesy call to the Rivers State<br \/>\nGovernor, Barr. Nyesom Wike at the Government House.<\/p>\n<p>The governor called for greater inputs of states in the conception and<br \/>\nexecution of key projects by the NDDC. He said that inputs from states in<br \/>\nthe region would reduce the incidents of the duplication of projects by<br \/>\nthe states and the NDDC.<\/p>\n<p>He said: &#8220;It is important for states to make inputs, so that necessary<br \/>\nprojects are executed by the NDDC.&#8221;<\/p>\n<p>He regretted that there are several abandoned projects under the NDDC. He<br \/>\nadvised the Senate Committee on Niger Delta and the NDDC to take steps to<br \/>\nend the era of abandoned projects.<\/p>\n<p>The governor called for the allocation of funds for the completion of the<br \/>\nEast-West Road which cuts across the entire states of the South-South<br \/>\nregion.<\/p>\n<p>He said it is too early to assess the tenure of the Mrs Semenitari, as the<br \/>\nChief Executive Officer of the commission, since she had only spent a<br \/>\nshort time in office.<\/p>\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>The Senate Committee on the Niger Delta has warned contractors executing projects for the Niger Delta Development Commission, NDDC, to be prepared to work or refund the money paid to&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":44142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-47113","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 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>We won\u2019t let contractors run with NDDC funds - Senate - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/wont-let-contractors-run-nddc-funds-senate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We won\u2019t let contractors run with NDDC funds - Senate - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The Senate Committee on the Niger Delta has warned contractors executing projects for the Niger Delta Development Commission, NDDC, to be prepared to work or refund the money paid to&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/news\/wont-let-contractors-run-nddc-funds-senate\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-02T21:21:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2015\/11\/senate.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/wont-let-contractors-run-nddc-funds-senate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/wont-let-contractors-run-nddc-funds-senate\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"We won\u2019t let contractors run with NDDC funds &#8211; 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