Economy

JUST IN: Oil communities demand scrapping of NDDC

Access Bank

The National President of the Host Communities of Nigeria Producing Oil and Gas, Chief Benjamin Tamaranebi, on Tuesday, called on the Federal Government to scrap the Niger Delta Development Commission (NDDC).

Tamaranebi made this assertion while speaking to reporters at the sidelines of a public hearing on the Petroleum Industry Bill (PIB), organised by the Senate Joint Committee on Petroleum (Upstream, Downstream and Gas) in Abuja.

He advocated that the NDDC should be disbanded so that funds meant for it can be given directly to the oil host communities for even and quality development of the oil producing areas.

He said the call has become necessary following revelations of mismanagement and fraud by the sacked Interim Management Committee which was exposed following a probe by relevant National Assembly committees.

Details shortly…

 

 

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