President Goodluck Jonathan yesterday sent a proposal of N322.6 billion to the House of Representatives as the 2014 Budget for the Niger Delta Development Commission (NDDC).
In a letter addressed to the House Speaker, Aminu Waziri Tambuwal and read at plenary by the Deputy Speaker, Jonathan said the 2014 N322.6 billion NDDC budget was against last year’s N315.8 billion.
He explained that the personnel cost would gulp over N15 billion; recurrent expenditure, N10 billion; capital expenditure with over N2 billion, while special projects would gulp over N295 billion.
Out of the amount, Federal Government would contribute N23 billion, while N50 billion would be from the Excess Crude Account and N5 billion from oil companies with N130 billion contribution from ecological fund among others.
Meanwhile, the Deputy Speaker of the House of Representatives, Emeka Ehedioha is to head the ad-hoc Constitution Review Conference Committee.
The nine member committee has among its members House Leader, Hon. Mulikat Adeola-Akande, Minority Leader, Femi Gbajabiamila, and Minority Whip, Hon. Samson Osagie.
The rest include Hon. Ibrahim El-Sudy, Hon. Binta Bello Maigari and Hon. Datti Garba among others.