Senate Finally Passes N876bn 2023 NDDC Budget

by John Ojewale
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Senate Finally Passes N876bn 2023 NDDC Budget

The National Senate has finally passed the 876 billion budget for the Niger Delta Development Commission (NDDC). From the passed budget, the Senate approved N451 million as provisions for aides of 12 board members of the commission and N576 million for taking care of the Office of the Chairman of the Commission, Lauretta Onochie.

According to the breakdown for the office of the chairman, the personnel cost will gulp, N156 million; over­head, N312 million, and internal capital, N108 million.

For the Managing Director’s Office, N546.597 million was earmarked for personnel cost; N747.500 million for over­head cost; N163.504 million for internal capital.

Others are Executive Director, Finance & Administration Office personnel cost, N133.337 million; overhead cost, N457.465 million, and N163.504 million for internal capital.

The Corporate Affairs Department of the commission got N1.061 billion from the votes, out of which N431.076 million is for personnel cost, N845.566 million for overhead and N63.081 million for internal audit.


cc: Independent Ng

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