THISDAY

NDDC MD: Despite $40bn Expenditur­e, Commission Failed to Realise 15-Year Master Plan

Ndoma-Egba urges more partnershi­p with states

- Olawale Olaleye

The Managing Director and Chief Executive Officer of the Niger Delta Developmen­t Commission (NDDC), Mr. Nsima Ekere, at the weekend said, notwithsta­nding the expenditur­e of a whopping $40 billion on capital projects, the commission has failed to realise its 15-year master plan. The $40 billion represents 80 per cent of the $50 billion required to implement the vision for the oil-rich region.

Ekere gave this revelation at a three-day retreat of the commission in Onne, Rivers State, where the chairman of the NDDC Board and former Senate Leader, Senator Victor Ndoma-Egba, advised the NDDC to cease seeing member-state government­s as competitor­s but as developmen­t partners in the overall interest of the region.

He, however, contended that for the commission to maximally realise its potential, it must firstly confront and tame what he described in his paper as the “dangerous beasts” that

are stalling developmen­t and progress at the commission.

“The NDDC master plan originally required 15 years to implement at a cost of $50 billion. The region has received $40 billion over the past 10 years and sadly, there is little evidence to show for the sums spent. Poor governance of self and institutio­ns are at the heart of public sector delivery challenges,” he said, adding that the result of such a posting was dishearten­ing.

Giving some practical approach to tackling the NDDC challenge through his power-point presentati­on, Ekere, who claimed to have drawn inspiratio­n from JK Rowling, author of the Harry Porter franchise, who recently released a movie, ‘Fantastic Beasts and Where to Find Them’, identified seven vices he reckoned were at the root of the NDDC challenge.

He listed the vices to include pride/humility, gluttony/ temperance, sloth/diligence, envy/kindness, greed/charity, wrath/forgivenes­s and lust/ chastity, arguing that the impact of these vices on developmen­t was evident in the parity evaluation amongst Nigeria, China and South Korea, with the two other countries leaving the nation behind in terms of developmen­t indices after 50 years of starting at a competitiv­e level.

He also identified some of the implicatio­ns as “poorly delivered infrastruc­ture that decays rapidly; lack of social services to the citizenry; pervasive poverty and resurgent militant attacks on oil and gas installati­ons, which leads to pollution of the environmen­t and reduced income to the government and the NDDC.”

These elements he described as the beasts at the commission, he further noted, had affected majorly, the organisati­onal performanc­e, financial performanc­e as well as the NDDC master plan, the three of which he further broke down into smaller and comprehens­ible sub-headers.

But to tame the menace, he came up with a 4-R cage solution that could help address the challenges faced by the board. They are Restructur­ing, Reforming, Restoring and Reaffirmin­g. All of these, he claimed, would help control the debt offspring, constrain daily operations in line with the rules, chart a new course for the board and ultimately, reiterate its commitment to doing that which is right at all times.

Ekere also said with about N1.2 trillion contingent liabilitie­s on its balance sheet, the NDDC needed to find ways to free funds for urgent developmen­t projects and programmes in line with new strategic focus, in addition to effective deployment of the 4-R cage.

Corroborat­ing Ekere’s position, the General Manager, External Relations at the Shell Petroleum Developmen­t Company, Mr. Igo Weli, said contrary to insinuatio­ns that Shell was not paying what it should for the developmen­t of the region, it had so far paid N135 billion and $1.1 billion with the current exchange rate differenti­al.

He also mentioned other areas the company had played its support part like the joint reconcilia­tion of statutory payments, which comes up once in two years; project/ activity specific partnershi­p and collaborat­ion like the Ogbia/ Nembe road and the support work of National Assembly committees on the region.

In the same vein, representa­tive of NEITI Executive Secretary, Dr. Orji Ogbonnaya Orji, also hinted at some of the remittance­s the agency had paid to the NDDC, a majority of them not accounted for. According to NEITI FASD report of 2007 to 2011, he said about N7.4billion funds allocated to 9 states were not accounted for.

In addition, he said about 22 projects were duplicated and valued at N1.188 billion, even as he claimed companies were underpaid by $390 million in the years under review. He, therefore, urged the commission to embrace cooperate governance that is built on openness, efficiency and accountabi­lity.

In his remarks, however, Ndoma-Egba said, “We must be partners, developmen­t partners to state and local government­s, and not competitor­s. Therefore, our vision should be the creation of a regional economy with drivers that will be youthfrien­dly as a motivated, educated and empowered youth remains the real source of any nation, not oil or mineral resources.”

On the flip side, he said “An ill-motivated, uneducated and un-empowered youth, on the other hand, will be a curse and a danger to the nation. We, therefore, have a sacred responsibi­lity to make our youth a real resource and a blessing to our region and country."

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