Finally, Wike Opens Up on N500bn NDDC 2023 Budget, Reveals How Politicians Plan to Spend Fund

Finally, Wike Opens Up on N500bn NDDC 2023 Budget, Reveals How Politicians Plan to Spend Fund

  • The governor of Rivers state has vowed the expose corruption in the Niger Delta Development Commission agency
  • Governor Nyesom Wike disclosed that the N500 Billion appropriations contained in the 2023 NDDC budget proposals now before the National Assembly fraudulent
  • The governor further claimed that politicians are already mounting pressure on the National Assembly members to speedily pass the NDDC budget so that it can be shared

Governor Nyesom Wike has described as fraudulent the description of the allocation of the N500 billion Niger Delta Development Commission (NDDC) 2023 budget.

The Rivers State governor expressed displeasure over how politicians were exerting pressure on the National Assembly to hurriedly pass the NDDC 2023 budget ahead of the general elections, THISDAY newspaper reported.

Governor Nyesom Wike of Rivers State, the Niger Delta Development Commission (NDDC), the National Assembly, NDDC N500billion budget
Wike says the NDDC had become a cash cow for politicians. Photo credit: Gov Nyesom Ezenwo Wike - CON
Source: Twitter

Wike makes troubling revelations about the N500 billion NDDC 2023 budget

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Wike wondered if the 2023 NDDC budget before the National Assembly would address development issues in the region.

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The governor made the assertion on Monday, January 9, at the Government House, Port Harcourt, when a delegation of the management of Leadership Newspaper Group Limited led by their Senior Vice Chairman/Editor-in-Chief, Mr. Azu Ishiekwene, presented a nomination letter of award to him as the “Politician of the Year 2022.”

Wike reveals politicians plan alongside National Assembly members move regarding the NDDC N500 billion budget

Wike revealed that within the total estimate of N500 billion, N70 billion was expected from the Nigerian Liquified Natural Gas (NLNG), N4 billion earmarked for distilling of public drains, and N60 billion earmarked as support to security agency, Vanguard report added.

The Rivers State governor said a critical look at the details of the various estimate revealed that it was a fraudulent budget.

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Politicians will use the N500 billion for 2023 elections, Wike says

Wike added that politicians were exerting pressure on the National Assembly to hurriedly pass the N500bn Niger Delta Development Commission (NDDC) 2023 budget to spend the same for the general elections.

“Wike said it laughable to see a development agency like NDDC earmarking N4 billion to clean public drains when it is supposed to attend to strategic development issues in the region.He queried why NDDC will earmark N60 Billion to security agency and not devote it to enduring project and see the derivable impact.
“Governor Wike claimed politicians are already mounting pressure on the National Assembly members to speedily pass the NDDC budget so that it can be shared in lieu of the 2023 general election that is approaching.”

'Why I Will Continue to Fight': Wike drops fresh bombshell

Nyesom Wike, the governor of Rivers state, has said he would not stop fighting for justice, equity, and fairness in the country.

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'Why I will continue to fight': Wike drops fresh bombshell

The governor made the commitment while receiving an award titled "LEADERSHIP Politician of the Year 2022."

Wike also revealed that the national assembly is scared and is under pressure to pass the Niger Delta Development Commission's (NDDC) N500 billion budget as a result of the 2023 election.

Source: Legit.ng

Authors:
Esther Odili avatar

Esther Odili (Politics and Current Affairs Editor) Esther Odili is a journalist and a Politics/Current Affairs Editor at Legit.ng with 6+ years of experience. She Holds OND and HND in Mass Communication from the Nigerian Institue of Journalism (NIJ), where she was recognized as the best student in print journalism in 2018. Before joining Legit.ng, Esther has worked with other reputable media houses, such as the New Telegraph newspaper and Galaxy Television. In 2024, Esther obtained a certificate in advanced digital reporting from the Google News Initiative. Email: esther.odili@corp.legit.ng.