JUST IN: Reps Pass N346. 5bn NDDC 2019 Budget

The House of Representatives on Tuesday passed the Niger Delta Development Commission (NDDC) 2019 budget. This was sequel to the considera...

The House of Representatives on Tuesday passed the Niger Delta Development Commission (NDDC) 2019 budget.

This was sequel to the consideration of the report of the Hon. Nicholas Mutu-headed House committee on NDDC on the budget at the Committee of Supply on Tuesday.

According to the budget N19. 521 bn is for Personnel cost while N12. 737 is for overhead expenditure.
Similarly, N2. 883bn is for Internal Capital Expenditure while N311. 371bn is for Development Project for the service of the NDDC for the fiscal year ending on 31 December, 2019.

At the conclusion of the consideration of the report at the Committee of Supply, it was approved N346,  513, 046, 220.00 be issued from the Statutory Revenue Fund of the Niger Delta  Development Commission,, (NDDC)  as its 2019 budget.

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