Samuel Ogbuku, the Managing Director of the Niger Delta Development Commission (NDDC), discusses how the commission plans to utilize its proposed budget and the additional soft loan of ₦1 trillion, alongside his approach to addressing past criticisms and improving stakeholder relations.
Managing the Budget and Soft Loan
Ogbuku elaborates on the preparation for implementing the 2024 budget, which amounts to ₦1.9 trillion. He emphasizes the importance of community assessments to tailor projects to the actual needs of the people, rather than relying solely on a generalized budget. By distributing questionnaires and engaging with local communities, the NDDC aims to ensure that projects are both relevant and impactful. This approach helps manage the public’s expectations and ensures that the projects meet the specific needs of different communities.
Repayment Plan for Loans
Addressing concerns about debt, Ogbuku outlines a clear repayment plan. The NDDC has allocated ₦100 billion annually for debt repayment, ensuring that the debt burden is manageable and transparent. This structured repayment plan is designed to reassure stakeholders and foreign partners of the NDDC’s financial responsibility and commitment to honoring its obligations.
Addressing Project Distribution
Responding to allegations of favoritism towards Port Harcourt City, Ogbuku clarifies that the NDDC is committed to equitable development across the region. He mentions that while some projects, like the Eastern Bypass road, are located in Port Harcourt, the commission is also focusing on other areas. The aim is to ensure that development benefits extend to various communities, not just urban centers.
Engagement and Accountability
Ogbuku stresses the significance of stakeholder engagement and accountability. He describes recent efforts to include various stakeholders in discussions and decision-making processes, aiming to enhance transparency and public trust. The NDDC is committed to organizing annual summits to evaluate progress, address concerns, and ensure that past mistakes are not repeated. This approach fosters a culture of openness and accountability, essential for effective governance.
Community Relations
The Managing Director highlights the importance of maintaining open communication with the public. By implementing an open-door policy and addressing the needs and concerns of community members, the NDDC has reduced instances of protests and blockades. Ogbuku attributes this improvement to the management’s efforts to engage directly with stakeholders and understand their needs.
Future Outlook
Ogbuku is optimistic about the future of the NDDC, emphasizing that recent changes and improved communication are paving the way for a more harmonious and effective commission. He believes that by staying accountable and responsive to the needs of the people, the NDDC can achieve meaningful and lasting impact in the Niger Delta region.
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