Reps pass N346.513bn NDDC budget — Nigerian Pilot News
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Reps pass N346.513bn NDDC budget

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House of Representatives yesterday passed N346.5 billion as the 2019 budget for the Niger Delta Development Commission, NDDC.
At the Committee of Supply chaired by Speaker Yakubu Dogara and his Deputy, Yususf Lasun, the House approved the issuance from the statutory revenue fund of the NDDC, the total sum of N346,513,046,220 for the 2019 fiscal year.
Of the amount, N19, 521,650,000 is for personnel costs.
Further breakdown indicates that N12, 737,350,000 is earmarked for overhead expenditure and N2,883,046,220 will be used for capital expenditure.
According to the lawmakers, the balance of N311, 371,000,000 was captured for development projects for the service of the Niger Delta Development Commission for the fiscal year ending December 31.

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