• About Us
  • Contact Us
  • Privacy & Policy
Friday, July 11, 2025
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

Peter Obi urges Northern leaders to invest in education to tackle poverty
National

Just In: I will contest for office of the President in 2027 — Peter Obi

5 days ago
Breaking: Gunmen kill 11 Ebonyi indigenes at Ogboji meeting in Anambra. Survivor recounts horror.
News

Breaking: Gunmen kill 11 Ebonyi indigenes at Ogboji meeting in Anambra. Survivor recounts horror.

1 week ago
Mohbad: Court Dismiss Mohbad’s Father’s Case Against Naira Marley, Sam Larry
News

Mohbad: Court Dismiss Mohbad’s Father’s Case Against Naira Marley, Sam Larry

1 week ago
Speed Darlington Rejects NAPTIP Summons, Denies Allegations of Rape and Cyberbullying
News

Speed Darlington Rejects NAPTIP Summons, Denies Allegations of Rape and Cyberbullying

2 weeks 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

Corruption is gross violation of human rights and dignity — Attorney General, Lateef Fagbemi 
National

Corruption is gross violation of human rights and dignity — Attorney General, Lateef Fagbemi 

7 hours ago
Shettima’s remarks at book launch not about Fubara’s suspension — Presidency
National

Shettima’s remarks at book launch not about Fubara’s suspension — Presidency

7 hours ago
Nigeria’s Economy Recovering Under Tinubu’s Bold Reforms — Information Minister
National

Nigeria’s Economy Recovering Under Tinubu’s Bold Reforms — Information Minister

16 hours ago
2027 ELECTIONS: Aregbesola: United Opposition Can Defeat APC in 2027 Elections
National

2027 ELECTIONS: Aregbesola: United Opposition Can Defeat APC in 2027 Elections

16 hours ago
Asue Ighodalo Rejects Supreme Court Verdict, Calls Edo Election a “Coordinated Robbery”
National

Asue Ighodalo Rejects Supreme Court Verdict, Calls Edo Election a “Coordinated Robbery”

1 day ago
Ukraine’s drone strike hits Russian airbase targets
National

Security operatives neutralise 30 bandits in Katsina counter-attack

2 days ago

POLITICS

I’ll remain in PDP even if others defect to APC or join coalition —Oyo gov Seyi Makinde

I’ll remain in PDP even if others defect to APC or join coalition —Oyo gov Seyi Makinde

7 hours ago
Coalition’s ADC lack political ideology — Onanuga

2027 ELECTIONS: Tinubu Will Defeat Atiku and Obi in 2027, Says Presidency

16 hours ago
ADC, APC woo Kwankwaso  ahead of 2027 elections

ADC, APC woo Kwankwaso  ahead of 2027 elections

3 days ago
Coalition’s ADC will collapse in 6 months — Daniel Bwala

Coalition’s ADC will collapse in 6 months — Daniel Bwala

3 days ago
Will the opposition coalition bring back fuel subsidy?  — Katsina Governor Radda

Will the opposition coalition bring back fuel subsidy?  — Katsina Governor Radda

3 days ago
PDP BoT member, Waziri, former Katsina PDP chairman, Uli, joins coalition’s ADC

PDP BoT member, Waziri, former Katsina PDP chairman, Uli, joins coalition’s ADC

4 days ago

YOUR ECONOMY

Senate Threatens Arrest of NNPCL Boss over missing N210 Trillion
Economy

Senate Threatens Arrest of NNPCL Boss over missing N210 Trillion

2 weeks ago
IPMAN: Dangote’s New Delivery Plan Will Bring Cheaper Fuel to Nigerians’s
Economy

IPMAN: Dangote’s New Delivery Plan Will Bring Cheaper Fuel to Nigerians’s

3 weeks ago
Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments
Economy

Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments

4 weeks ago
PETROAN kicks against Dangote’s petrol distribution strategy
Economy

PETROAN kicks against Dangote’s petrol distribution strategy

4 weeks ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery Begins Distribution of Petrol Nationwide

4 weeks ago
Nigeria Stock Exchange to Partner with Hong Kong’s Stock market
Economy

Nigeria Stock Exchange to Partner with Hong Kong’s Stock market

1 month ago

E & P

Victor Osimhen Transfer Drama Escalates as Napoli Rejects Galatasaray’s Third Bid
Sports

Victor Osimhen Transfer Drama Escalates as Napoli Rejects Galatasaray’s Third Bid

by Steven Atogi
1 day ago
0

Victor Osimhen transfer drama has intensified after Napoli rejected Galatasaray’s third bid, citing unacceptable payment terms.Galatasaray offered to pay Osimhen’s...

Oliseh Warns Osimhen Against Galatasaray Return, Urges Premier League Move

Oliseh Warns Osimhen Against Galatasaray Return, Urges Premier League Move

2 days ago
Just In: Osimhen agrees on personal terms with Galatasaray, rejects Al Hilal €75m bid

Just In: Osimhen agrees on personal terms with Galatasaray, rejects Al Hilal €75m bid

4 days ago
Breaking: Galatasaray submits €50m bid for Victor Osimhen

Breaking: Galatasaray submits €50m bid for Victor Osimhen

4 days ago
Chelsea Target Arsenal’s Ethan Nwaneri Amid Contract Talks

Chelsea Target Arsenal’s Ethan Nwaneri Amid Contract Talks

6 days ago
Arsenal Close In on Madueke Transfer After Agreeing Personal Terms

Arsenal Close In on Madueke Transfer After Agreeing Personal Terms

6 days ago

YOUR THOUGHT & HISTORY

El-Rufai Plans New Party as ADC Backup Against APC Interference
Columns

The Shadow Strategist: El-Rufai, the Illusion of Power, and 2027’s Looming Reckoning

by Odini Brains
5 days ago
Columns

Kidnapped, Silenced, Vindicated: The Full Impact of Kanu’s Judgment

by Odini Brains
2 weeks ago
The Emerging Kogi: Economic Growth Impact Transforming Better Reality
Columns

The Emerging Kogi: Economic Growth Impact Transforming Better Reality

by Kiikpoye Karibo
2 weeks ago
ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
5 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
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

Corruption is gross violation of human rights and dignity — Attorney General, Lateef Fagbemi 

Corruption is gross violation of human rights and dignity — Attorney General, Lateef Fagbemi 

July 11, 2025
Shettima’s remarks at book launch not about Fubara’s suspension — Presidency

Shettima’s remarks at book launch not about Fubara’s suspension — Presidency

July 11, 2025
  • 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