The Chairman of the House of Representatives Committee on Niger Delta Development Commission (NNDC), Emobo Mutu, has urged the Federal Government to release over 500 billion naira allocation shortfall for the commission which has impeded project implementation and growth in the Niger Delta region.
At the budget presentation of the NDDC to the committee, Mr Mutu said that the NDDC is owed huge sums of money which also includes 50 billion ecological fund.
The commission appeared before the committee on Tuesday and day after to defend the approval of 322.6 billion naira budget for the Niger Delta development Commission for 2014 by the lawmakers.
The Chairman of the NDDC Governing Board, Bassey Ewa-Henshaw, who led the team, told members of the committee that several funding challenges were the reasons they were yet to shift focus to key projects with greater impact on lives of indigenes of the region.
The chairman noted that adequate funding and prompt passage of the 2014 budget would eliminate most of the constraints the commission have had to face with the very late passage of the 2013 budget and allocation shortfall.
Members of the committee were concerned about the implementation of the 2013 budget which the commission said was approved very late and was turned over into the 2014 budget as presented. But the Chairman said that the commission was owed huge sums of money and ought to be paid so they could function effectively.
The Chairman of the NDDC board, however, said that they were exploring partnerships with private concerns to augment funding and tackle key flagship projects with greater impact on the lives of the people and that the commission was committed to uplifting the living standard of the people of the Niger Delta region.
A group of Boko Haram members have been apprehended by the Special troops during their cordon and search operation in Borno State while they were going around in search of food.
The intensive cordon and search operation being conducted by the troops of the Special Forces in Borno State have received a major boost from civilian cooperation in communities close to locations being focused in the operation.
According to the Defence Spokesman; Brigadier General Chris Olukolade, a group of terrorists moving from village to village in search of large quantity of food were tracked and apprehended following a tip off from civilians.
The group which was moving around in a Toyota Land Cruiser jeep were arrested at Daban Masara with weapons such as AK 47 rifle, single barrel shotgun, double hand shotgun and various calibres of ammunition.
He further stated that in other locations, a total of 56 identified insurgents were apprehended with the help of military police dogs. Items recovered from the arrested insurgents include, 7 packs of IEDs, 2 rocket-propelled gun chargers, a rifle magazine, 2 machetes, bomb detonators, camouflage and other military uniforms as well as medicines equipment, charms, 7 vehicles including a jeep and 8 tri-cycles.
The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Andrew Yakubu has shunned the invitation of the House of Representatives.
The house committee on finance had invited the NNPC GMD and the Nigerian Liquefied Natural Gas (NLNG) to appear before the committee unfailingly on Tuesday 19 March to come and explain why the NNPC did not remit N6 trillion it generated between 2009 and 2012 into the consolidated revenue fund.
The house committee on finance led by Abdulmumin Jibril said the actions of the NNPC boss is a gross violation of the fiscal responsibility act of 2007.
It would be recalled that Mr Yakubu was summoned by the House for not remitting the revenue generated by the NNPC into the Consolidated Revenue Fund of the federation.
Mr Jibrin vowed that this would be the last time the committee will invite the NNPC boss over the issue of non-remittance of fund, as the House will be compelled to issue arrest warrant against the NNPC boss if he fails to honour the invitation.
According to report, the NNPC since 2009 has not remitted any amount under her Internally Generated Revenue (IGR) into the consolidated revenue fund till last year 2012.
“We have said it before that NNPC has never remitted anything under her IGR to the CRF in 2009 and the corporation generated N2.048 trillion as its internally generated revenue. It made N2.155 trillion in 2010. While N1.9 trillion was realised in 2011, by July of 2012, the corporation made N259b as its IGR. Between 2009 and 2012, the corporation remitted nothing out of the N6 trillion they generated to the CRF as demanded by law,” Mr Jibrin said.
At the resumed investigative hearing on Tuesday, the committee however commended the Central Bank of Nigeria (CBN), the Federal Road Safety Corps (FRSC) and the NTA for exemplary commitment to its statutory remittance.
The governor of the CBN, Sanusi Lamido said the bank has remitted N217 billion in the last four years.