Senate summons Ecological Fund officials over NDDC

 

 

 

Senate-330x242The Senate has summoned authorities of the Ecological Fund to show up before it one week from now over its inability to transmit three (3) percent of the asset to the oil delivering states in the Niger Delta Development Commission (NDDC).

The acting Managing Director of the NDDC, Mrs. Ibim Semenitari, had told the Senate Committee on Niger Delta that the Fund has declined to transmit the statutory three (3) per penny commitment of the oil delivering states from the asset to the commission subsequent to 2001.

Media associate to the acting Managing Director, Bekee Anyalewechi, said the NDDC administration had over and over kept in touch with the Ecological Fund to discharge all the cash due it from the asset yet without much of any result.

He likewise disclosed that all endeavors to influence the governors of the oil creating states has additionally not yielded any positive result.

Under the NDDC Act, all oil-creating states are relied upon to contribute 3 percent of their natural asset to the NDDC. In any case, Mrs. Semenitari while displaying the status report of the Commission to the senate panel on Niger Delta in Abuja, said none of the nine oil delivering states has made their statutory commitment since the commission was set up fifteen years back.

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