Senate Approves NDDC N315.8b 2013 Budget

Channels Television  
Updated November 7, 2013

The Senate has approved the sum N315.8 billion as the 2013 budget of the Niger Delta Development Commission (NDDC).

The law makers approved N14.9 billion for personnel expenditure and N9.04 billion for overhead cost while the total estimated capital expenditure is put at N2.4 billion and N289.5 billion is for project development expenditure.

The budget estimate is to take effect from April 1st to March 31st, 2014.

However, the Deputy Senate President, who presided over the session warned against late submission of budget by government agencies.