House of Reps approves N364 billion NDDC budget

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The House of Representatives has considered and approved the 2017 budget of the Niger Delta Development Commission (NDDC).

The budget is N364 billion and the breakdown goes thus;

  • Personnel Cost — N17.797 billion
  • Internal Capital Expenditure — N4.402 billion
  • Development Projects — N329.85 billion
  • Overhead — N12.459 billion

The consideration of the budget followed a motion by Hon. Nicholas Mutu drawn from a first line charge, the budget is for the period ending May 31, 2018.

(Image Credit: Guardian)

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