A report from the NDDC analyzed by MDB revealed that a total of 1,587 projects managed by the Niger Delta Development Commission—which were valued at N612.4 billion—had been cancelled and abandoned in the Niger Delta region.
According to data from the report, 325 projects totaling N204.64 billion in value were stopped or abandoned, while 1,262 projects in the region valued at N407.75 billion had been cancelled.
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The percentages of the completed and stalled/abandoned projects’ total contract values were 7.4% and 1.94%, respectively, according to the study.
The NDDC’s scorecard was made public in the July 2023 report by the NDDC-PPP Committee, “A sea of opportunities in the Niger Delta region.”
The report gave a breakdown of projects in the region that had been completed, ongoing, not yet started, stalled/abandoned, terminated and taken over by other agencies.
It stated that a total of 7,140 NDDC projects, valued at N1.66tn, representing 41.9 per cent of the total contract value in the region had been completed in the Niger Delta.
The number of ongoing projects, according to the report, is 3,251, with a total worth of N1.5tn, representing 19.1 per cent of the total contract value of projects being handled by the commission.
The report stated that 5,035 projects valued at N1.45tn, representing 29.5 per cent of the total contract value, had not yet been implemented.
It said the number of projects that had been taken over by other agencies was 32, with a worth of N21.55bn, representing 0.2 per cent of the total contract value.
“It was against the above premise that the current board and management, in its bid to do things differently so as to effectively drive sustainable development in the region, decided to espouse the Public Private Partnership model to provide alternative sources of funding for key developmental projects and programmes,” the report read in part.
It added, “Consequently, a management committee on public private partnership, called the Public Private Partnership Committee, was constituted by the Managing Director/CEO on January 18, 2023.”
