Breaking! NDDC: Buhari Approves Recomposition Of Board

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

Kamala Harris slams Biden’s 2024 run as ‘reckless gamble’ in explosive memoir

By Obinna Uballa The immediate past United States vice president Kamala Harris has described Joe Biden’s decision in 2024 to seek a second term as president as an act of “recklessness,” in explosive excerpts from her forthcoming memoir released Wednesday. Harris, who replaced Biden as the 2024 Democratic nominee but ultimately lost to Donald Trump,…

US wholesale inflation eases in August, boosting Fed rate-cut bets

By Obinna Uballa United States inflation cooled at the wholesale level last month as producer prices unexpectedly dipped, easing pressure on businesses and reinforcing expectations of a Federal Reserve rate cut later this month. Data from the Bureau of Labor Statistics released Wednesday showed producer prices fell 0.1% in August, pulling annual inflation down to…

2027: INEC Boss, Yakubu Warns, Says APC, ADC, PDP, LP, Others, violating electoral laws with early campaigns

By Abiola Olawale The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has sounded a warning to Nigeria's political parties, declaring that early political campaigns by aspirants and parties pose a severe threat to the nation's fragile democratic framework. Speaking at a high-level stakeholders' roundtable on the challenges of early political campaigns,…

Ad

  • Inauguration to Wait till Completion of Forensic Audit.

By Hamilton Nwosa (Head Business Desk, The New Diplomat)

President Muhammadu Buhari has approved that the Board of the Niger Delta Development Commission (NDDC) be recomposed and inaugurated after the forensic audit of the organization.

In a statement released by presidential spokesman, Femi Adesina, the President also directed that the Interim Management Team of the NDDC shall be in place till the forensic is completed, and that the supervision of the Commission shall remain under the Ministry of Niger Delta Affairs.

Recall Buhari ordered a forensic audit of the operations of the NDDC from 2001 to 2019 two months ago, saying what is presently on the ground in the South-south region does not justify the huge resources that have been made available to the Agency.

The Board, which was screened by the Senate on October 30, 2019, has not been inaugurated by the President despite the senate approval of nominees, raising a lot of furore among stakeholders and groups in the Niger Delta region.

The Board has Dr Pius Odubu, from Edo State as Chairman; Chief Bernard Okumagba from Delta State as Managing Director; Mr. Maxwell Oko from Bayelsa State as Executive Director, Finance and Administration; and Engr. Otobong Ndem as Executive Director, Projects among others.

 

 

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp