22 June 2016
As part of efforts to develop the oil-rich Niger Delta and stave off agitations, the Nigerian government-owned Niger Delta Development Commission (NDDC) awarded contracts on 8,557 development projects for the region between 2001 and March 18, 2016.
The projects were worth N2.4 trillion, NDDC’s Acting Managing Director, Ibim Senenitari has said.
She said in the 2016 first quarterly report of the commission that 3,454 projects worth N441 billion were completed out of the total number of contracts awarded within the period.
Semenitari said that the projects were awarded in the areas of roads, bridges, jetties and shore protection, canalisation and reclamation, electricity and power, water and buildings, flood control and equipping and furnishing.
“Of the total number of infrastructure projects on which contracts were awarded, about 250 are regarded as mega projects, that is projects with cost ranging from N500 million to N24 billion.
“There are 2,257 ongoing projects totalling N1.2 trillion in value, while 292 others worth N81 billion were either stalled or abandoned.
“During the period under review, the commission terminated contracts on 49 projects worth N1.9 billion.
“Other agencies of government took over 29 projects with a total contract sum of N16 billion from the NDDC,’’ she said.
The NDDC was established by the administration of former President Olusegun Obasanjo in 2000 to facilitate facilitate rapid, even and sustainable development of the Niger Delta into an economically prosperous, socially stable, ecologically regenerative and politically peaceful region.