A group known as Niger Delta Development Monitoring Group (NIDDEMOG), has commended the Economic and Financial Crimes Commission (EFCC) for recovering N83.59 billion and $98.07 million in outstanding statutory levies owed the Niger Delta Development Commission (NDDC) by some oil companies.
The recovery relates to the three per cent statutory levy payable to the NDDC by oil companies operating in the Niger Delta.
According to EFCC investigation report, an audit by the Nigeria Extractive Industries Transparency Initiative (NEITI) had identified N90.046 billion and $229.534 million in outstanding NDDC levies covering the period from 2015 to 2020.
Reacting to the development in a statement yesterday, the Executive Director of NIDDEMOG, Nengi James-Eriworio, described the recovery as a welcome development, saying oil companies operating in the region had failed to meet their statutory obligations to the NDDC.
He said it was unacceptable that companies expected to contribute to the development of the Niger Delta were withholding funds meant to support development projects in the region.
According to him, oil-producing communities have continued to bear the environmental and socioeconomic consequences of oil exploration and production, including pollution, degradation of farmlands and waterways and the destruction of traditional means of livelihood.
The NIDDEMOG chief also commended the NDDC management, led by its Managing Director, Dr Samuel Ogbuku for pursuing the recovery of unremitted statutory funds owed the commission.
He equally praised the National Assembly for exercising its oversight powers in facilitating the recovery through the EFCC.
James, however, urged the NDDC to ensure that the recovered funds were transparently deployed to projects and programmes capable of producing measurable improvements in the lives of people across the Niger Delta.
He called for priority attention to environmental challenges confronting the region, particularly erosion, shoreline degradation, ocean encroachment and other forms of ecological damage.
He also asked the commission to strengthen its human capital and infrastructure development programmes to ensure that communities derive tangible benefits from the statutory resources meant for their development.
James who is also the immediate former Vice president of Ijaw National Congress (INC), further urged communities in the Niger Delta to protect NDDC projects located in their areas, warning against the vandalism and theft of public infrastructure.
He called on the NDDC to sanction communities where projects and public amenities were deliberately vandalised or stripped them of their facilities.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join THISTIMES on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel

