PRESS RELEASE
The Governing Board of the NDDC held a meeting in Abuja yesterday. The Chairman, Sen. Victor Ndoma-Egba SAN briefing the press after the meeting, stated that the Board reviewed the activities of the commission in the year, took statutory reports on procurements, budget performance, revenue and expenditure. He intimated that the Board had agreed to clear the backlog and all issues surrounding the foreign scholarship program
“By Tuesday next week all outstanding issues regarding the foreign scholarship scheme would have been sorted out.”
He also mentioned that a decision was taken to cancel 482 projects between 0-5% startup valued at about N 90bn, which he said was in a bid to clean up the commission’s books and to remove non-performing items.
The chairman also gave an insight to what is expected in the year 2018, in he’s briefing “Our Signature project Obia-Nembe road which is our flagship for partnership with oil producing companies, will be ready this December and we are looking forward to commissioning it early next year.”
He also said that the Board took a decision on some MOU’s signed with state Governments on projects that will be jointly executed. He further emphasized that 2018 will be dedicated largely to reforming NDDC systems, Audit of Personnel, restructuring the commission’s governance protocols and projects, with more focus on ongoing projects.
