The Acting Managing Director of the Niger Delta Development Commission (NDDC), Nelson Brambaifa has disclosed that the Federal Government have begun the refund of N1.3 trillion owed to the commission.
During his inaugural meeting of the new management of the commission, Brambaifa said President Muhammadu Buhari has taken action to redress the situation and reassure the people by refunding the money owed to the commission since it was founded.
He made the announcement in a statement through the commission’s Director of Corporate Affairs, Ibitoye Abosede, on Tuesday in Port Harcourt. Adding that all other statutory contributors to the funding of NDDC were met.
“The new management team in response to the growing unhappiness in the region over government’s commitment to developing the region and improving the living conditions of the people.
“The Federal Government has indeed begun refunding over N1.3 trillion owed the commission since inception.
“The Niger Delta had suffered enough and President Buhari recognised this and has taken prompt action to redress the situation and reassure the people on government’s commitment to their welfare.
“President Buhari also ensured that all other statutory contributors to the funding of NDDC met their obligations.
“The appointment of the management team is another step in the effort to offer hope to the Niger Delta people and restore their confidence and faith,” he said.
Meanwhile, Brambaifa urged stakeholders in the Niger Delta to assist members of the new executive management in achieving its mandate of developing the region economically and ensuring a political peaceful environment.