NDDC to cancel N90 billion contracts -Ndoma-Egba

Victor Ndoma-Egba

The Niger Delta Development Commission (NDDC), says it will cancel 482 contracts valued at about N90 billion over non-performance.

The Chairman of the Governing Board of the Commission, Victor Ndoma-Egba, made the disclosure in a statement issued by his communication aide, Clara Braide, and made available to newsmen in Calabar.

Ndoma-Egba said the decision was reached at the recent meeting of the board in Abuja, disclosed that the aim is to clean up the commission’s books and to remove non-performing items.

According to the statement “Board reviewed the activities of the commission in the year, took statutory reports on procurements, budget performance, revenue and expenditure.

“Part of the decision we arrived at was to cancel 482 projects between 0-5 per cent startup valued at about N 90 billion. This is in a bid to clean up the commission’s books and to remove non-performing items.

On the commission’s plans for next year, the Chairman said that “our Signature project Obia-Nembe road which is our flagship for partnership with oil producing companies, will be ready this December and we are looking forward to commissioning it early next year.”

While maintaining that the board also took decision on some MOU’s signed with state governments on projects that will be jointly executed, Ndoma-Egba emphasised that “2018 will be dedicated largely to reforming NDDC systems, Audit of Personnel, restructuring the Commission’s governance protocols and projects, with more focus on ongoing projects.”