The Federal Government received $2.68 billion, about ₦817.4 billion, from Total, Chevron and China National Offshore Oil Company, CNOOC, in 2017, according to documents obtained from the Canadian government. The companies presented the information under Canada’s extractive industry law which required extractive entities active in Canada to publicly disclose, on an annual basis, specific payments […]
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For the second time in about three months, the Rivers State Internal Revenue Service on Tuesday blocked the main entrance to the corporate headquarters of the Niger Delta Development Commission in Port Harcourt over alleged unpaid taxes. The RIRS had said on April 26, 2018 when the premises of the commission was first barricaded that […]
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Managing Director of Niger Delta Development Commission, NDDC, Mr Nsima Ekere, yesterday, said the Federal Government and oil companies operating in Niger Delta are owing the commission about ₦2.787 trillion and $458 million respectively. The NDDC boss made the revelation while appearing before the Rufai Chachangi-led ad-hoc committee investigating all outstanding sums due to NDDC […]
Read More The Federal Government is set to float the Niger Delta Development Bank (NDDB) to ease project funding in the oil rich region. The bank is expected to come on stream before the end of December 2018. Chairman of NDDC, Victor Ndoma-Egba, disclosed this to State House Correspondents at the Presidential Villa, after leading the NDDC […]
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International Oil Companies, IOCs, operating in Nigeria paid ₦828 billion ($2.3billion) as education taxes and levies to the Niger Delta Development Commission, NDDC between 2014 and 2016. Members of the Oil Producing Trade Section (OPTS) of Lagos Chamber of Commerce and Industry (LCCI) disclosed this, in Abuja, during a presentation at the House of Representatives’ […]
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The Federal Government is said to be owing the Niger Delta Development Commission (NDDC) the sum of ₦1.8 trillion since its inception 17 years ago. Mr Ibitoye Abosede, Head, Media and Public Affairs, NDDC disclosed this in Uyo at a one-day Media Capacity Building Workshop for members of the Correspondents’ Chapel of the Nigeria Union […]
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Shell Petroleum Development Company (SPDC) has remitted $29.8 billion to the Federation Account and another $1.2 billion to the Niger Delta Development Commission (NDDC), between 2002 and 2016, its General Manager, External Relations, Igo Weli, has said. Weli who was reacting to the shutdown of the oil major’s flow station and gas plant in Belema […]
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The Managing Director, Nigeria Liquefied Natural Gas (NLNG), Mr. Tony Attah, has urged the National Assembly to stop the proposed amendment to the LNG Act. The amendment seeks to impose a three per cent Niger Delta Development Commission (NDDC) tax on the company. But Attah said the proposal was at variance with the NDDC Act. […]
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The acting Managing Director of Niger Delta Development Commission, NDDC, Ibim Semenitari, has denied borrowing N1billon while she served in the immediate past Administration of former Rivers State Governor, Rotimi Amaechi. Semenitari served as the Commissioner for Information and Communications from 2009 to 2015. Reacting to the allegation by Dr. Austin Tam-George, who was recently […]
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President Muhammadu Buhari has relieved the Managing Director and Chairman of the Niger Delta Development Commission (NDDC) Bassey Dan Abia, of his appointment and subsequently appointed Ibim Seminitari, as the acting head of the commission. Seminitari was commissioner of information in the administration of Rotimi Amaechi, former Governor of Rivers state. The dissolved board of […]
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Officials of the Nigerian Communications Commission (NCC) and the Niger Delta Development Commission (NDDC) were yesterday barred from the House of Representatives ad hoc committee investigating alleged fraud in the remmitance of non-oil revenue. The officials of the two agencies were walked out due to the non-appearance of their chief executives. The NCC was represented […]
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