Blames fee’s failure to pay big debt on NASS embargo
By Egufe Yafugborhi
THE Niger Delta Development Commission (NDDC) has lamented that its 2019 price range was by no means carried out as a result of its approval by the National Assembly (NASS) got here solely six weeks earlier than its expiration.
NDDC Director, Corporate Affairs, Charles Odili, expressed the lamentation Monday in Port Harcourt, Rivers state whereas interesting for fast approval of the 2020 price range of the fee.
Odili additional blamed NASS for NDDC’s failure, underneath present Interim Management Committee (IMC), to defray about N2trillion debt the fee owes majorly street contractors underneath the emergency repairs period.
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He stated: “NASS has instructed us to not pay for street initiatives and a lot of the contractual obligations we owe to our contractors who’re complaining are those that have performed majorly street initiatives.
“So, we’ve an instruction from the NASS to not pay and we’re abiding by this instruction. When it’s lifted, all our contractors, particularly those that have performed street jobs will get their funds.
“The Commission has a debt portfolio of about N2 trillion. A big proportion of the N2 trillion has to do with emergency initiatives. When the price range doesn’t come on time as at when due, some managements have taken to this line of motion to unravel an emergency.
“Oftentimes because the budget is not available, the emergency often runs for a long time and this is rather unfortunate. It is not a thing that we are continuing with. But we are dealing with it as something that happened in the past.”
Odili stated: “The Commission has paid historical debts amounting to about N33Billion from the inception of the expanded IMC on February 20, 2020. The amount cover debts to our vendors; some persons owed between N1 million and N3 million, some for over seven or eight years.”
Harping on the necessity for early price range approval for the NDDC, Odili famous that, “Once that is done a lot of things, actions will be expedited. When there is a staccato of voices, where there is a lack of unanimity of purpose, as we have seen in recent times, the Niger Delta region suffers for it.”