• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Tuesday, October 20
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      The Subsidy Paradox: Atiku, Obi And The Politics of Convenient Contradictions

      Opinion October 19, 2026
      Recent

      The Subsidy Paradox: Atiku, Obi And The Politics of Convenient Contradictions

      October 19, 2026

      Hospital workers, patients stop woman’s attempt to steal newborn

      October 19, 2026

      Presidency Slams Makinde Over False Claims On NLNG Dividends

      October 18, 2026
    1. News
      1. Photo News
      Featured

      Lagos to host African Neurodiversity Conference as experts push for action beyond awareness

      News October 19, 2026
      Recent

      Lagos to host African Neurodiversity Conference as experts push for action beyond awareness

      October 19, 2026

      EHA Impact Ventures Invests $50,000 in Ma’Zaine Foods to Scale Locally Produced Nutrition Solutions in Kebbi State

      October 19, 2026

      Can Tinubu Campaign Without Campaigning? By Lanre Ogundipe

      October 19, 2026
    2. Politics
        Featured

        Stop Shielding Criminals Within APM, Alli Campaign Team Challenges Makinde, Adekanmbi

        Politics October 19, 2026
        Recent

        Stop Shielding Criminals Within APM, Alli Campaign Team Challenges Makinde, Adekanmbi

        October 19, 2026

        Davido Rejected Millions for Political Endorsement – Israel DMW

        October 19, 2026

        Alli urges Oyo elders to call Makinde, Adekanmbi to order after killing of APC supporter

        October 17, 2026
      1. Business
          Featured

          Oyedele Unveils Capital Market Master Plan, SEC Targets $1trn Market by 2036

          Business October 19, 2026
          Recent

          Oyedele Unveils Capital Market Master Plan, SEC Targets $1trn Market by 2036

          October 19, 2026

          IXPN To Honor ITRealms Founder Remmy Nweke with Distinguished Contribution to Internet Journalism Award @20th

          October 19, 2026

          PHOTO NEWS: EMADEB Energy Group CEO Adebowale Olujimi Gives Back to Alma Mater, Government College, Ibadan

          October 19, 2026
        1. Crime & Security
            Featured

            NDLEA arrests 85-year-old grandmother with 179kg cannabis

            Crime & Security October 19, 2026
            Recent

            NDLEA arrests 85-year-old grandmother with 179kg cannabis

            October 19, 2026

            Six arrested over Emir’s killing, hunt alleged masterminds in Osun

            October 19, 2026

            Yari defends Tinubu, says Buhari’s military background couldn’t end insecurity

            October 19, 2026
          1. Sports
              Featured

              Iheanacho extends scoring streak as Bursaspor beat Pendikspor

              Sports October 19, 2026
              Recent

              Iheanacho extends scoring streak as Bursaspor beat Pendikspor

              October 19, 2026

              Golden Eaglets coach laments WAFU B U-17 Championship exit 

              October 19, 2026

              2026 CAF Women’s Champions League Finals To Hold In Egypt From 1–15 November

              October 19, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » Senate approves N346.4bn NDDC 2019 budget
            News

            Senate approves N346.4bn NDDC 2019 budget

            techBy techMarch 5, 2020No Comments3 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            Share
            Facebook Twitter LinkedIn Pinterest Email

            The Senate on Thursday approved the sum of N346.4 billion as 2019 Budget for the Niger Delta Development Commission (NDDC).

            This followed the consideration of the report of the 2019 budget of the Niger Delta Development Commission (NDDC) as presented during plenary by the Chairman Sen. Peter Nwaoboshi.

            Presenting the report, Nwaoboshi noted that President Muhammadu Buhari through a communication to the Senate, had presented a budget of N409.9 billion for the NDDC for 2019.

            The breakdown according to the chairman included: Personnel Expenditure N22, 338,190, 000, Overhead Expenditure N13, 466, 810, 000, Internal Capital Expenditure N4, 083, 000, 000 and Development Projects N369, 995, 000, 000.

            Nwaoboshi said that the committee while considering the report noted that the developmental aspect of the budget was basically a roll over of the 2018 Budget which was in furtherance of the drive to ensure completion of ongoing projects.

            He said that the sum of N35 billion stated as unpaid arrears by the Federal Government was not considered as part of the commission’s revenue projection by the committee.

            “This is because the amount was not approved in the 2019 Appropriations Act by the National Assembly.”

            He further said that the lifespan of the budget would end on May 31.

            Nwaoboshi further said that the the joint National Assembly Committee on NDDC, had unanimously resolved to recommend that the lifespan of the budget be extended to enable the commission achieve full implementation.

            “Accordingly, the 2019 NDDC Budget is recommended to elapse on May 31,” he said.

            Contributing, Chairman Senate Committee on Finance Sen. Solomon Olamilekan (APC-Lagos) observed that, “we are in 2020; the federal government has passed 2020 Appropriation Act into law, this is 2019 budget.

            “If you look at the document soliciting the fund contribution of the federal government is about N120 billion and now we have returned government to January – December circle in terms of revenue.

            “By now I believe what we should have before us is the 2020 appropriation bill of the NDDC.”

            Also, Sen. Albert Akpan (PDP-Akwa-Ibom) said, the issue that was raised by Chairman Senate Committee on Finance was critical.

            “How do you expect NDDC to earn from federal government’s 2020 Budget allocation in NDDC 2019, it is a legal issue.

            “Unless the chairman of the committee is going to convince the chamber that he is already processing NDDC’s 2020 Budget. Outside that I don’t think they can earn anything from it.

            “The federal government is running the 2020 Budget and they are bringing 2019 Budget in 2020.”

            In his remarks, President of the Senate, Ahmad Lawan, urged the NDDC Committee to work on the 2020 Budget and report back to the Senate within two weeks to enable the upper chamber pass it on good time.

            “At no time should NDDC or indeed any agency of government bring its budget later than Sept. when we receive the proposal from the President for the federal budget,” he said.(NAN)

            NDDC Senate
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleHow army troops routed terrorists in Damboa –Iliyasu
            Next Article Gombe College of Legal Studies matriculates 496 students
            tech

              Related Posts

              Lagos to host African Neurodiversity Conference as experts push for action beyond awareness

              October 19, 2026

              EHA Impact Ventures Invests $50,000 in Ma’Zaine Foods to Scale Locally Produced Nutrition Solutions in Kebbi State

              October 19, 2026

              Can Tinubu Campaign Without Campaigning? By Lanre Ogundipe

              October 19, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • Lagos to host African Neurodiversity Conference as experts push for action beyond awareness
              • EHA Impact Ventures Invests $50,000 in Ma’Zaine Foods to Scale Locally Produced Nutrition Solutions in Kebbi State
              • Iheanacho extends scoring streak as Bursaspor beat Pendikspor
              • NDLEA arrests 85-year-old grandmother with 179kg cannabis
              • Six arrested over Emir’s killing, hunt alleged masterminds in Osun

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.