Nigeria, Jan. 1 -- The Niger Delta Development Commission (NDDC) has presented a proposed budget of N1.75 trillion for the 2025 financial year, signalling a renewed focus on sustainable and people-centred development.
NDDC Managing Director, Samuel Ogbuku, disclosed this while defending the proposal, titled "Budget of Consolidation," before the House of Representatives Committee on NDDC on Tuesday in Abuja.
According to Mr Ogbuku, the proposed budget reflects a nine per cent decrease from the 2024 budget, driven by a no-borrowing policy.
Of the total, personnel costs are projected at N47.5 billion, while overhead expenditures are estimated at N96.4 billion.
Reflecting on 2024, Mr Ogbuku said the commission had projected aggregate reve...
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