NDDC’s new budgeting system pleases FG

…as chairman says commission now applies KPMG approved financial method

The federal government seems pleased with the new budgeting system adopted by the Niger Delta Development Commission (NDDC) which is said to be inclusive.

The Ministry of Regional Development which spoke for the FG applauded the NDDC for its broad-based involvement of stakeholders in the development of the Niger Delta region.

The NDDC has also held a ‘Budget Conference and Partners for Sustainable Development (PSD) Forum’ which seems to impress the federal government.

Delivering the keynote address at the NDDC 2025 budget consultation event held in Port Harcourt, Mary Ogbe, the Permanent Secretary of the Ministry of Regional Development, praised the Commission for aligning its budgeting process with the provisions of extant laws.

Commending the NDDC for convening key stakeholders to collaborate on the 2025 budget, she stated, “This conference reflects a collective commitment to the sustainable development of the Niger Delta.

“It presents an atmosphere conducive to achieving an effective budgeting system for the NDDC, in line with the “Renewed Hope Agenda” of the government of President Ahmed Bola Tinubu.

“As members of the Regional Development Commission, we do not merely oversee budgets; we shape destinies. If you are not seeing yourself as such before now, I plead with you to begin to see yourself as a custodian of your regional growth, guardian of its resources and promoter of its future.”

“How we spend reflects what we believe in. Budgets are more than financial instruments; they reveal, in clear terms, the values we prioritise and the future we aspire to build. A mirror of our values and a map for the future,” she said.

Ogbe emphasised the need for innovative, transparent, and participatory budgeting practices to ensure that available resources are maximally deployed to meet the region’s most pressing needs.

In his remarks, Chiedu Ebie, chairman of the NDDC board, said that the Commission had started implementing a new governance structure prepared by KPMG, a reputable global business consultancy, to ensure accountability and effective performance.

He said that a new institutional culture was anchored on sound ethics and good corporate governance, noting that the NDDC was determined to strengthen its corporate governance system and improve its internal processes.

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In his address, Samuel Ogbuku, NDDC Managing Director, highlighted the Commission’s renewed focus on partnerships and the needs of the region.

He noted: “The budget is for the people of the Niger Delta. A needs assessment is periodically conducted to ensure that projects meet the needs of the people. For example, Operation Light Up the Niger Delta is born out of a need for improved illumination in the communities of the Niger Delta.

“We are building strong collaborations in both the private and public sectors to deliver meaningful and lasting infrastructure,” he said, citing ongoing work with the Nigeria Liquified Natural Gas, NLNG, on the Kaa-Ataba road and bridge.

The project, he revealed, is the longest bridge in Rivers State and is expected to be completed by the end of the year.

Echoing this, Asuquo Ekpeyong, Chairman of the Senate Committee on NDDC, noted the Senate’s commitment to ensuring that the 2025 Budget reflects the needs and aspirations of the people of the region.

He stated: “I applaud the NDDC leadership for convening this crucial budget conference with all of the key players in our region. It takes dedicated work and collaboration to address the Region’s problems.

“The leadership of the National Assembly is committed to making sure that the 2025 Budget represents the needs of our people, particularly now that we have a stable, goal-oriented NDDC.”

According to Seledi Thompson-Wakama, Director, Corporate Affairs, representatives of traditional institutions, called for a seamless handover of community-based projects to ensure that they were properly maintained.