• About Us
  • Contact Us
  • Privacy & Policy
Saturday, February 28, 2026
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

NDDC: IOCs Invest $700 Million in Niger Delta Region to Drive Developmental Projects

Martins Nwakaji by Martins Nwakaji
August 23, 2024
in Economy, News
Reading Time: 2 mins read
A A
0
NDDC: IOCs Invest $700 Million in Niger Delta Region to Drive Developmental Projects
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

By: Nwakaji Peace Martins


The Niger Delta Development Commission (NDDC) has called on International Oil Companies (IOCs) to pay the $700 million it owes.NDDC Director General, Samuel Ogbuku, made the call during a virtual media tour of the commission’s projects in the Niger Delta region and a sensitization session with media executives across the water.
Mr. Ogbuku said the debt spans over 24 years. He said debt repayment would help the commission address the region’s huge development challenges.
Mr Ogbuku said the current NDDC board and management were truly committed to changing the old concept and perception of the commission in the area.”We present a new NDDC dedicated to the implementation of several interventions aimed at improving and transforming the lives of the people of the Niger Delta.”

The completion and inauguration of previously abandoned heritage projects is a testament to our resolve to build on the successes of previous NDDC boards and correct their failures.
“However, to achieve our goal of transforming the Niger Delta, we need the support of all stakeholders, including the IOC,” Mr. Ogbuku explained. He also said that the NDDC Board of Directors has adopted the Three “T” (Move from Transactional to Transformational) strategy to realize its regional mandate. “We are very determined to ensure that this time, NDDC truly makes a difference to the welfare of our people.
The recent inauguration of five major projects in Abia, Akwa Ibom, Bayelsa, Edo, and Ondo states is a testament to the renewed passion with which the commission is carrying out its mandate,” the NDDC chief explained.

Tags: business
Martins Nwakaji

Martins Nwakaji

Related Posts

Naira gains against US dollar significantly
Economy

Naira records straight three days depreciation against US dollar

2 days ago
Naira ends week on positive note against dollar
Economy

Naira will appreciate to N1,000 per dollar in coming weeks – Tinubu

3 days ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery eyes depot owners, major marketers in new marketing strategy

5 days ago
Soldier killed in Kukawa as troops foil terrorist attack
National

Soldier killed in Kukawa as troops foil terrorist attack

5 days ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Why the low turnout of Nigerians in elections — Onaiyekan
National

Why the low turnout of Nigerians in elections — Onaiyekan

1 day ago
2027: Tinubu using govt institutions to suppress opposition – Nwosu
National

2027: Tinubu using govt institutions to suppress opposition – Nwosu

1 day ago
Nigeria and Brazil to sign MoU on direct flight
National

Stop complaining about Electoral Act and govt – Presidency warns opposition

1 day ago
Legislature and judiciary servants of Tinubu, not independent, says Buba Galadima
National

2027: If Nigerians can remove GEJ over insecurity, they can remove APC — Galadima

1 day ago
Breaking News: Rotimi Amaechi officially resigns from APC, says party has derailed
National

2027: Tinubu not Nigeria’s main problem – Amaechi

1 day ago
Labour gives FG Friday ultimatum to meet demands or face industrial action
National

Labour gives FG Friday ultimatum to meet demands or face industrial action

2 days ago

POLITICS

Why the low turnout of Nigerians in elections — Onaiyekan

Why the low turnout of Nigerians in elections — Onaiyekan

1 day ago
2027: Tinubu using govt institutions to suppress opposition – Nwosu

2027: Tinubu using govt institutions to suppress opposition – Nwosu

1 day ago
Nigeria and Brazil to sign MoU on direct flight

Stop complaining about Electoral Act and govt – Presidency warns opposition

1 day ago
Legislature and judiciary servants of Tinubu, not independent, says Buba Galadima

2027: If Nigerians can remove GEJ over insecurity, they can remove APC — Galadima

1 day ago
Breaking News: Rotimi Amaechi officially resigns from APC, says party has derailed

2027: Tinubu not Nigeria’s main problem – Amaechi

1 day ago
Labour gives FG Friday ultimatum to meet demands or face industrial action

Labour gives FG Friday ultimatum to meet demands or face industrial action

2 days ago

YOUR ECONOMY

Naira gains against US dollar significantly
Economy

Naira records straight three days depreciation against US dollar

2 days ago
Naira ends week on positive note against dollar
Economy

Naira will appreciate to N1,000 per dollar in coming weeks – Tinubu

3 days ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery eyes depot owners, major marketers in new marketing strategy

5 days ago
28 ships loaded with fuel, waiting to berth at Lagos ports
Economy

28 ships loaded with fuel, waiting to berth at Lagos ports

1 week ago
Naira gains against US dollar significantly
Economy

Naira gains against US dollar significantly

2 weeks ago
Nigerian Restaurant Owners Struggle as Fuel Price Increases
Economy

Price war: Fuel price to drop nationwide

3 weeks ago

E & P

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid
Sports

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid

by Steven Atogi
5 days ago
0

Former Manchester United striker, Odion Ighalo has expressed confidence that Ademola Lookman will excel under manager Diego Simeone at Atlético...

It’s the toughest season of my career, says Pep Guardiola of Man City

EPL: Three managers shortlisted to replace Guardiola at Man City

4 weeks ago
Transfer: Ademola Lookman lands in Madrid ahead of medicals

Transfer: Ademola Lookman lands in Madrid ahead of medicals

4 weeks ago
AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

1 month ago
Why I won’t coach Mali again — Chelle

Why I won’t coach Mali again — Chelle

1 month ago
AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

2 months ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
5 months ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
5 months ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
6 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
6 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
6 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Why the low turnout of Nigerians in elections — Onaiyekan

Why the low turnout of Nigerians in elections — Onaiyekan

February 27, 2026
2027: Tinubu using govt institutions to suppress opposition – Nwosu

2027: Tinubu using govt institutions to suppress opposition – Nwosu

February 27, 2026
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address