The Senate Has Approved 241 Billion Naira For 2016 Niger Delta Development Commission (NDDC) Budget.

The Senate on Thursday, June 23, passed the 2016 budget of the Niger Delta Development Commission (NDDC).

A breakdown of the budget shows that N18 billion for personnel cost, N231 billion for development project, N10 billion for overhead and one billion for Internal capital.
The budget is expected to be funded with oil companies contributions and others which amounted to N130 billion, ecological funds of N10bn and other internally realised income of N100m.

However, the NDDC budget which was originally N260 billion was slashed to N241 billion by the Senate.